• Linkdin

British brand Castore raises £3.2 mn from investors

29 Jun '18
1 min read
Courtesy: Castore
Courtesy: Castore

British sportswear brand Castore has raised £3.2 million from some high-profile private investors, including former Saatchi & Saatchi boss Robert Senior and Arnaud Massenet, former husband of Net-A-Porter founder Natalie Massanet, to expand to US and Asian markets. Several entrepreneurs invested a total of £2.5 million through a new firm Redrice Ventures.

Individual investors, including New Look founder Tom Singh, also supported the fundraising separately.

Brothers and former professional athletes Tom and Phil Beahon founded the premium sportswear firm in 2016. The Chester-based company, which foresees sales will rise to £2.7m this year, up from £750,000 in 2017, plans to set up a dedicated Asia website and could open its first store in Hong Kong, according to British media reports. (DS)

Fibre2Fashion News Desk – India

Leave your Comments

Esteemed Clients

Woolmark Services India Pvt. Ltd.
Weitmann & Konrad GmbH & Co. KG
VNU Exhibitions Asia
USTER
UBM China (Shanghai)
Tuyap Tum Fuarcilik Yapim A.S.
TÜYAP IHTISAS FUARLARI A.S.
Tradewind International Servicing
Thermore (Far East) Ltd.
The LYCRA Company Singapore  Pte. Ltd
Thai Trade Center
Thai Acrylic Fibre Company Limited
X
Advanced Search