{"id":462606,"date":"2026-05-01T13:54:21","date_gmt":"2026-05-01T12:54:21","guid":{"rendered":"https:\/\/www.drapersonline.com\/?p=462606"},"modified":"2026-05-01T13:54:21","modified_gmt":"2026-05-01T12:54:21","slug":"castore-revenue-rises-as-losses-widen","status":"publish","type":"post","link":"https:\/\/www.drapersonline.com\/news\/castore-revenue-rises-as-losses-widen","title":{"rendered":"Castore revenue rises as losses widen"},"content":{"rendered":"<p data-start=\"281\" data-end=\"451\"><a href=\"https:\/\/www.drapersonline.com\/companies\/directory\/castore\" target=\"_blank\" rel=\"noopener\">Castore<\/a> today (1 May) said sales increased from \u00a3190.3m in the prior 12-month period, while EBITDA more than doubled to \u00a330.8m, up from \u00a312.3m.<\/p>\n<p data-start=\"453\" data-end=\"636\">The business reported a pre-tax loss of \u00a340.3m, widening 56% from the previous year, as it continued to invest heavily in infrastructure, brand development and international growth.<\/p>\n<p data-start=\"1001\" data-end=\"1178\">Castore has focused on scaling its direct-to-consumer operations alongside wholesale and licensing partnerships, supported by investment in new stores and digital platforms, it said.<\/p>\n<p data-start=\"1180\" data-end=\"1345\">During the period, Castore also continued to invest in technology and operational infrastructure, with a growing emphasis on AI to drive efficiency and productivity.<\/p>\n<p data-start=\"1347\" data-end=\"1551\">Post-period, the group<a href=\"https:\/\/www.drapersonline.com\/news\/castore-acquires-belstaff\" target=\"_blank\" rel=\"noopener\"> acquired British outerwear brand <\/a><span class=\"hover:entity-accent entity-underline inline cursor-pointer align-baseline\"><span class=\"whitespace-normal\"><a href=\"https:\/\/www.drapersonline.com\/news\/castore-acquires-belstaff\">Belstaff<\/a> on 28 August 2025<\/span><\/span>, as part of a strategy to diversify beyond performance sportswear and build a broader premium brand portfolio.<\/p>\n<p data-start=\"1740\" data-end=\"1909\" data-is-last-node=\"\" data-is-only-node=\"\">Castore co-founder <span class=\"hover:entity-accent entity-underline inline cursor-pointer align-baseline\"><span class=\"whitespace-normal\">Thomas Beahon<\/span><\/span> said the results marked \u201canother strong performance\u201d, despite macroeconomic headwinds, highlighting the combination of \u201cstrong revenue growth and profitability\u201d.<\/p>\n<p data-start=\"335\" data-end=\"669\">\u201cGrowth is deeply embedded in Castore\u2019s DNA, and we continue to focus on moving quickly, innovating and adapting in an increasingly competitive global market,&#8221; he said.<\/p>\n<p data-start=\"335\" data-end=\"669\">\u201cWe remain very optimistic about maintaining this momentum into 2026, particularly as we welcome Belstaff into the group. This is a significant step in building a portfolio of premium British brands with global reach.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Castore today (1 May) said sales increased from \u00a3190.3m in the prior 12-month period, while EBITDA more than doubled to \u00a330.8m, up from \u00a312.3m. The business reported a pre-tax loss of \u00a340.3m, widening 56% from the previous year, as it continued to invest heavily in infrastructure, brand development and international growth. Castore has focused on &#8230;<\/p>\n","protected":false},"author":100686,"featured_media":458263,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_oasis_is_in_workflow":0,"_oasis_original":0,"ep_exclude_from_search":false,"footnotes":""},"categories":[85500,962],"tags":[],"class_list":["post-462606","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-castore","category-news","editorial-castore","editorial-financial","editorial-financial-results"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.7 (Yoast SEO v26.7) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Castore revenue rises as losses widen<\/title>\n<meta name=\"description\" content=\"Castore has reported a 30% rise in revenue year on year to \u00a3334.6m for the 18 months to 3 August 2025, as the Manchester-based sportswear expanded its portfolio with the acquisition of Belstaff.\" 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