Andy Murray-backed sports brand Castore in talks for $200m fundraising

Female model wearing Castore clothing in an outdoor setting

Manchester-based sportswear brand Castore is in talks to raise $200m (£166m) to fund its expansion. 

The brand is in talks with Rothschild for a cash injection that would intensify its battle with Nike and Adidas, according to a report by Sky News.

Castore, founded by brothers Phil and Tom Beahon, has already begun initial talks with prospective investors ahead of a formal process later this year. 

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