Castore
5 known investors
British premium sportswear brand and end-to-end digital retailing platform for professional sports teams.
Also known as Castore Sportswear
Founders & leadership
Investors Β· 5
Also in the syndicate Β· 2
Funding
SEC filings, press & company announcements- Undisclosed amountFunding RoundNov 2023Source β
Source: company announcements and press reports β follow each round's link for the claim.
Company profile
researched Aug 2026Castore is a British premium sportswear brand founded in 2016 by brothers Tom and Phil Beahon from Merseyside. It designs and manufactures technical performance apparel β including training t-shirts, hoodies and shorts β and supplies technical kit and replica merchandise to professional sports teams. The business is organised around two main strands: a Team Sports platform, which manages full omni-channel retailing (online, offline and event-based) for partner clubs and organisations, and a Mainline brand, which produces sportswear using advanced materials and precision engineering aimed at improving athlete performance.
Team Sports partners have included Everton Football Club, Burnley FC, Rangers, Feyenoord, Athletic Club (Bilbao), Club Brugge, McLaren F1, Oracle Red Bull Racing, BWT Alpine F1 Team, the England & Wales Cricket Board, Saracens Rugby, Harlequins, Scarlets and Republic of Ireland Football (FAI). Earlier contracts covered the West Indies cricket team, the Lawn Tennis Association, McLaren Automotive and Australian rugby league sides Sydney Roosters and Melbourne Storm. Individual athlete ambassadors have included Andy Murray, Owen Farrell, Jos Buttler, Matt Fitzpatrick, Ben Duckett, Cadan Murley, Maddie Feaunati and Tatyana Heard, plus Gary Neville.
The group has expanded through acquisition and brand ownership: it acquired 100% of British heritage brand Belstaff from INEOS on a debt-free, cash-free basis, acquired the rights to the Umbro brand in the UK in spring 2024, and in June 2026 acquired a controlling interest in the 1866-founded Northamptonshire shoemaker Grenson through its corporate vehicle J Sporting Club. It has also pursued collaborations outside sport, including with Reiss and Paul Smith.
Founding story
Tom and Phil Beahon, brothers from Merseyside, had both played professional sport β Tom football at Tranmere Rovers and Phil cricket at Lancashire β before those careers ended earlier than planned. They then took short-term roles in the City, Tom at Lloyds Bank and Phil at Deloitte, to raise startup capital, and launched Castore in 2016 on the view that performance sportswear had lost its technical edge. Their parents remortgaged the family home to help fund the launch, a detail the company presents as foundational to its identity. The stated ambition from the outset was to create premium sportswear engineered for elite athletes.
Business model
Castore sells premium performance apparel direct to consumers, historically primarily online, and supplies technical kit to professional teams and organisations. For selected team partners it operates an end-to-end model that combines kit manufacturing with running the partner's omni-channel retail operations (online, offline and event-based), a manufacturer-retailer structure first used with Rangers and which the company has sought to replicate with other clubs. The group also owns and operates additional apparel and footwear brands acquired over time, including Belstaff, UK rights to Umbro, and a controlling interest in Grenson.
Revenue comes from sales of own-brand premium sportswear (direct-to-consumer and retail), team kit supply contracts, and retail/merchandise revenues generated on behalf of partner clubs under its Team Sports retailing platform.
Traction
After five years selling mainly online, revenue was forecast to reach Β£100m in 2021, with the company stating it had doubled in size every year since inception; management said pandemic-driven digitisation and rising health consciousness boosted demand, including running gear and a spike in Rangers replica kit sales. The 2020 Rangers agreement was a five-season deal reported at Β£25m. Partner rosters have spanned Premier League, Eredivisie, La Liga, Bundesliga, Formula 1, international cricket and rugby, and brand athletes have won major titles including the 2022 U.S. Open (golf) and the 2022 ICC Men's T20 World Cup.
Latest developments
In November 2023 Castore announced a Β£145m growth investment round led by Raine Partners. It acquired 100% of Belstaff from INEOS, with INEOS making a significant strategic investment in Castore at holding company level. It acquired UK rights to Umbro in spring 2024. Reporting in June 2025 detailed the loss of six major football kit deals while noting retained partners and a rumoured deal to replace Nike at Hertha Berlin. In June 2026 corporate filings showed Castore, via its vehicle J Sporting Club, had acquired a controlling interest in Grenson, with owners Tim and Julia Little stepping down from the board. Through 2025 and into its tenth year the brand expanded beyond sport with collaborations including Paul Smith.
βΈFull profile β market position, technology, go-to-market, geography, history, risks & controversies
Market position
Castore positions itself as a premium challenger in sportswear, with co-founder Tom Beahon stating the aim of becoming the number one premium brand in contrast to what he described as the mass-market scale of Nike, Adidas, Under Armour and Puma. It grew rapidly into elite team kit supply, though from 2023 onwards it lost six major football kit partnerships β Aston Villa, Newcastle United, Wolves, Bayer Leverkusen, Sevilla and Rangers β while retaining deals with Athletic Bilbao, Everton, Burnley, Feyenoord and Club Brugge and being linked with replacing Nike at Hertha Berlin.
The company differentiates on premium positioning and technical product engineering rather than mass-market scale, and on a combined manufacturer-plus-retailer proposition for team partners in which Castore also runs the club's retail and fan-engagement operations. Ownership of complementary British brands (Belstaff, UK Umbro rights, Grenson) extends the group beyond performance apparel.
Technology
The Mainline range is described as using advanced materials and precision engineering intended to improve athlete performance. The Team Sports platform is an end-to-end digital retailing system managing online, offline and event-based retail operations for partner teams, with a stated approach to growing partner revenues through product quality, supply chain innovation and fan engagement.
Go-to-market
The brand built visibility by putting products on high-profile athletes and teams on the global stage, starting with Andy Murray in 2019 and Rangers in 2020, then expanding across football, rugby, cricket, golf and Formula 1. Distribution has been heavily direct-to-consumer and online, complemented by partner-club retail operations, a growing global retail footprint, and collaborations with fashion brands such as Reiss and Paul Smith.
Elite and performance-oriented athletes and consumers seeking premium technical sportswear, professional sports teams and governing bodies across football, rugby, cricket, tennis and motorsport, and the fanbases of those partner clubs who buy replica and merchandise products.
Geography
Headquartered in the UK with roots on Merseyside, Castore has partnerships and sales across the UK and continental Europe (Scotland, Spain, Netherlands, Germany, Belgium, Ireland), international cricket (England & Wales, West Indies), Formula 1 teams, and Australian rugby league clubs, alongside a growing global retail footprint.
History
Castore was founded in 2016 and spent 2017-2018 focused on product quality, fit and technical development while selling largely online. In 2019 it signed Andy Murray, who was returning from career-threatening hip surgery and went on to win the European Open that year; Murray also became a shareholder and the brand's first major ambassador. In 2020 it signed Glasgow Rangers as its first major technical kit partner under a five-season deal reported at Β£25m that included running the club's retail operations, and entered Formula 1 with McLaren; a Reiss collaboration followed. In 2022 brand athlete Matt Fitzpatrick won the U.S. Open and the England cricket team won the ICC Men's T20 World Cup. Between 2023 and 2024 partnerships expanded across football, rugby, cricket and Formula 1, adding Oracle Red Bull Racing and seeing Feyenoord win the Eredivisie and Bayer 04 Leverkusen complete an unbeaten Bundesliga and DFB-Pokal double. In spring 2024 Castore acquired the UK rights to Umbro, and it later acquired Belstaff from INEOS. By 2025 it featured with both McLaren and Oracle Red Bull Racing in Formula 1, supported Bath Rugby's treble season and the Red Roses' Women's Rugby World Cup win, and marked Everton's final match at Goodison Park. In June 2026 it took a controlling interest in shoemaker Grenson.
Risks & controversies
Castore lost six major football kit partnerships across the 2023-2025 period β Aston Villa, Newcastle United, Wolves, Bayer Leverkusen, Sevilla and Rangers β with reporting attributing terminations mainly to product quality problems, including "wet-look" shirts that retained sweat, kits ripping and tearing, and logos, badges and sponsor details peeling off after washing, as well as logistics and supply chain issues and merchandise delivery delays. Coverage also noted that after acquiring UK rights to Umbro, Castore may continue producing Rangers kits under the Umbro name, characterised as a way to sidestep reputational damage to the Castore brand.
Compiled by commissioned research from 6 cited public sources β announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed β not independently audited.
Timeline Β· 8
launches, deals, and filingsCorporate filings showed Castore, through its corporate vehicle J Sporting Club, acquired a controlling interest in Northamptonshire shoemaker Grenson (founded 1866); owner Tim Little and his wife Julia Little stepped down from the board.
Reporting stated Castore had lost six major football kit partnerships over the previous two to three seasons β Aston Villa, Newcastle United, Wolves, Bayer Leverkusen, Sevilla and Rangers β citing product quality and supply chain issues.
Castore acquired the rights to the Umbro brand in the UK in spring 2024.
Castore agreed to acquire 100% of the shares of British heritage brand Belstaff from INEOS on a debt-free, cash-free basis; financial terms undisclosed. As part of the deal INEOS made a significant strategic investment in Castore at holding company level.
The company announced growth investment in a funding round led by Raine Partners, the equity arm of The Raine Group; Hanaco Ventures and Felix Capital are also investors.
Castore became apparel partner of the McLaren Formula 1 Team, marking its move into motorsport, alongside a collaboration with Reiss.
Castore signed Glasgow Rangers as its first major technical kit partner in a five-season deal reported at Β£25m that also included running the club's retail operations.
Castore signed Andy Murray as he returned from hip surgery; Murray also became a shareholder and the brand's first major ambassador, and won the European Open later that year.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
In the news
βΈResearch sources Β· 6
primary sources listed
- Castore Raises Β£145 Million in Funding Round | BoFbusinessoffashion.com Β· web
6 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Castore do?
- British premium sportswear brand and end-to-end digital retailing platform for professional sports teams.
- Who founded Castore?
- Castore was founded by Philip Beahon, Thomas Beahon.
- Who are Castore's investors?
- Castore's investors include FELIX CAPITAL, Hanaco Venture Capital, Redrice Ventures.