Q&A: Castore boss Tom Beahon on the next steps after raising £150m

Phil (left) and Tom Beahon (right), Castore

As Castore announced today that it has raised £150m in new capital investment, co-founder and chief executive Tom Beahon speaks to Retail Week about the sportswear retailer’s meteoric rise and expansion plans, the importance of global partners and the key to success moving forward

Manchester-based sportswear brand Castore was founded by brothers Tom and Phil Beahon in 2016, who dreamed of creating a premium alternative to the likes of Adidas and Nike.

Despite receiving several rejections and their idea being called “crazy”, the duo’s parents remortgaged their house to allow them to bring their vision to life.

 

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