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Andy Murray-backed sportswear firm Castore in the red despite sales surge

Castore, the British sportswear brand backed by the likes of Sir Andy Murray and the billionaire Issa brothers, has reported a pre-tax loss of £28.8m for the year to 4 February.

Castore, the British sportswear brand endorsed by Sir Andy Murray and the billionaire Issa brothers, has recorded a loss despite its revenue increasing by £75m.

The company, headquartered in Manchester, disclosed a pre-tax loss of £28.8m for the year ending 4 February, 2024, in recent filings with Companies House, as reported by City AM.

This figure represents a downturn from the previous year’s pre-tax profit of £14.6m.

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