{"id":8880,"date":"2025-08-29T13:40:02","date_gmt":"2025-08-29T13:40:02","guid":{"rendered":"https:\/\/tezgyan.com\/index.php\/2025\/08\/29\/uks-castore-acquires-belstaff-ineos-invests-in-growth-push\/"},"modified":"2025-08-29T13:40:02","modified_gmt":"2025-08-29T13:40:02","slug":"uks-castore-acquires-belstaff-ineos-invests-in-growth-push","status":"publish","type":"post","link":"https:\/\/tezgyan.com\/index.php\/2025\/08\/29\/uks-castore-acquires-belstaff-ineos-invests-in-growth-push\/","title":{"rendered":"UK&#8217;s Castore acquires Belstaff, Ineos invests in growth push"},"content":{"rendered":"<p><br \/>\n<br \/><img decoding=\"async\" src=\"https:\/\/static.fibre2fashion.com\/Newsresource\/images\/304\/shutterstock-2605060145_316478.jpg\" \/><\/p>\n<div id=\"\">Castore, the manufacturer of premium sports apparel, has today announced that it has agreed to acquire 100% of the shares of Belstaff, the British premium heritage brand, on a debt-free, cash-free basis. The deal, the financial terms of which are undisclosed, will see INEOS, parent company of Belstaff, make a significant strategic investment in Castore at a holding company level.<\/p>\n<p>Castore and Belstaff will join forces to drive future growth across premium categories, capitalising on Castore\u2019s direct-to-consumer and online retail networks and expertise, supply chain, growing global retail footprint and Castore\u2019s roster of professional sports team partnerships.<\/p>\n<p><em><strong>Ashley Reed Chairman of Belstaff<\/strong><\/em>, said: \u201cThis is a union of two British brands who have come together through shared qualities of purpose-led design and entrepreneurial spirit. Castore is disrupting the sportswear market and has demonstrated phenomenal growth and resilience in recent years. Having witnessed their journey, we saw a unique opportunity to join forces and accelerate Belstaff\u2019s transformation through shared knowledge and resources.\u201d<\/p>\n<p>Castore has acquired 100 per cent of British brand Belstaff from Ineos on a debt-free, cash-free basis. &#13;<br \/>\nAs part of the deal, INEOS will make a strategic investment in Castore. &#13;<br \/>\nThe partnership aims to accelerate growth by combining Castore&#8217;s digital retail, supply chain and sports partnerships with Belstaff&#8217;s heritage positioning, while strengthening both brands&#8217; presence in premium categories.<\/p>\n<p><em><strong>Tom Beahon, Co-Founder and CEO of Castore<\/strong><\/em>, said: \u201cBelstaff is a truly iconic brand with unparalleled heritage, and I have personally been a huge fan for a very long time. INEOS and the management team at Belstaff have done a phenomenal job in steering the company back to profitability following a challenging period for the retail sector. To have the opportunity to take Belstaff through the next stage of its growth journey is a dream come true and a huge privilege. We are also delighted that Sir Jim Ratcliffe\u2019s INEOS is investing in Castore which is a demonstration of commitment to our business and global growth ambitions and we look forward to working together to deliver on this vision.\u201d<\/p>\n<h6>\tNote: The headline, insights, and image of this press release may have been refined by the Fibre2Fashion staff; the rest of the content remains unchanged.<\/h6>\n<p>&#13;<\/p>\n<p class=\"text-right f2fdesk\">Fibre2Fashion News Desk (RM)<\/p>\n<p>&#13;\n    <\/p><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.fibre2fashion.com\/news\/apparel-news\/uk-s-castore-acquires-belstaff-ineos-invests-in-growth-push-304890-newsdetails.htm\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Castore, the manufacturer of premium sports apparel, has today announced that it has agreed to acquire 100% of the shares of Belstaff, the British premium heritage brand, on a debt-free, cash-free basis. The deal, the financial terms of which are undisclosed, will see INEOS, parent company of Belstaff, make a significant strategic investment in Castore&#8230;<\/p>\n","protected":false},"author":1,"featured_media":8881,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-8880","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-fashion"],"_links":{"self":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/8880","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/comments?post=8880"}],"version-history":[{"count":0,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/8880\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media\/8881"}],"wp:attachment":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media?parent=8880"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/categories?post=8880"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/tags?post=8880"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}