Castore news and archive

Castore plots US expansion with expanded logistics partnership

As it continues to plot its US expansion, sportswear brand Castore has expanded its existing partnership with GXO Logistics, which will now operate warehousing and transportation in the UK, US and Europe. GXO has already been working with Castore on the company’s UK business since 2024, distributing certain sportswear to a variety of sports...

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Castore expands partnership with GXO to support logistics globally

British sports performance brand Castore has expanded its partnership with pure-play contract logistics provider GXO Logistics to operate warehousing and transportation in the UK, US, and Europe. Castore has been working with GXO since April 2024 in the UK, distributing teamwear to a variety of sporting teams, including Oracle Red Bull Racing,...

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Castore plans store openings as December revenues grow, reportedly considering flotation

Sportswear brand Castore has reported its “strongest ever sales performance” for the Christmas trading period, with “record” revenues up 16 percent year-on-year over the month of December. The company said the increase came as a result of a “resilient” sportswear market, backed by customers continuing to prioritise their health and wellbeing....

Fashion

Castore signs partnership with BWT Alpine Formula One team

Castore, the British performance sportswear brand and global supplier of sports apparel, has strengthened its presence in F1 and motorsport after signing a new partnership with the BWT Alpine Formula One team. As part of the deal, Castore will become the official team kit partner, supplying the teamwear and producing an official Alpine drive...

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Castore bolsters C-Suite team with new chief commercial officer

Castore, the performance sportswear brand and supplier of sports apparel, has appointed Danny Downs to lead the company’s commercial operations as it strengthens its senior executive team. Downs, who was the former international general manager at Fanatics, the provider of licensed sports merchandise and global digital sports platform, has been...

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Castore reports investment-driven loss, yet sales surge

Sportswear brand Castore has filed its financials for the year to 4 February 2024, during which time its emphasis on investments resulted in a loss, despite a significant surge in sales. Castore shifted from a profit of 11.7 million pounds in 2022/23 to a loss of 21.5 million pounds in 2023/24, a decline that largely comes as a result of...

People

Castore appoints former Joe Browns CEO to commercial director

Sportswear retailer Castore has announced the appointment of Peter Alecock to the role of commercial director following a six month career break for the former executive. His latest position in the industry was that of chief executive officer for Joe Browns, where he was succeeded in February 2024 after serving in the helm position for just over...

Retail

Castore opens first store in European mainland

British sportswear brand Castore has opened its first store on mainland Europe. The brand has chosen the Dutch border town of Enschede as its location, Castore announced last week. There, the sportswear retailer, which has built up a network of 12 branches in the UK, already serves as an outfitter with the Dutch professional football team FC...

Fashion

Castore to market Umbro in the UK and parts of Europe

British sportswear brand Castore has signed an exclusive deal with Umbro licensee GL Dameck for the Umbro Professional Team Sports sub-license, allowing Castore to market the Umbro brand in the UK, Germany, Austria, Switzerland, Belgium, Netherlands and Denmark. In a statement, Castore said the deal will continue its strategy to build its...

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Castore appoints new investment director

Sportswear brand Castore has appointed Stuart Puddy as its newest investment director. Puddy confirmed the new position in a post on LinkedIn, where he said he was looking forward to working with the team “on the next stage of growth”. He joins the company from JD Sports, where he spent nearly eight years overseeing mergers and acquisitions,...

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Castore secures 145 million pound growth investment

Sportswear brand Castore has announced the closing of a 145 million pound investment funding round as it looks to move into its next stage of growth. Led by growth equity fund Raine Partners, with participation from Hanaco Ventures and Felix Capital, the funding aims to support Castore on its continued mission to “disrupt the premium sportswear...

Retail

Castore initiates store openings in UK, Ireland and the Middle East

British sportswear brand Castore is preparing to welcome a slew of new store openings as it continues on its expansion plans in a bid to bolster the company’s rapid growth. Most recently, the brand has unveiled plans to open new stores in Grafton Street, Ireland, and in UK shopping centre Bluewater, each of which will showcase men’s and women’s...