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Article Date: September 2022
Word Count: 179

Castore Gets New Funding


The seven-year-old U.K. sportswear brand reported that it has raised an additional £50 million ($63 mm) in new funding, as well as an existing £25 million revolving credit facility secured in March, valuing the company at £750 million ($942 mm). The funding was led by HSBC, BNP Paribas and Silicon Valley Bank. The additional liquidity will allow the company to build up stock to supply a recent surge in major new partnerships, and to accelerate its plans for international growth, ... Log in to view full article.

 


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