High-end British sportswear brand Castore is accelerating its expansion and hoping to raise around $200 million to support further growth.
According to Sky News, Castore is in talks with investors about fundraising, and the brand is said to have appointed Rothschild & Co. as an adviser.
Insiders suggest that the formal process will launch later this year, and the brand has already begun preliminary discussions with potential investors. Castore declined to comment on the matter.
One source speculated that, with the company’s expansion, Castore may seek a new round of funding …