UP399 What Castore Did Next

Jun 16, 2024

01:00:24

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Tom Beahon created the Castore sportswear brand with his brother Phil in 2016. Today, their shareholding in the firm is valued at around £500million following a recent capital round, led by US merchant bank and investor The Raine Group, which values the company at £950mn.

This investment will contribute to Castore’s attack on the sportswear industry dominated by Adidas, Nike, Puma and Michael Rubin’s online retailer Fanatics.

This week, Castore added to its portfolio of around fifty team partnerships across football, cricket, rugby and formula one, when it signed new deals for next season with Everton and Club Brugge.

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