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Ineos to invest in clothing brand as part of new deal
The Journal
|August 29, 2025
United minority owner Sir Jim Ratcliffe's Ineos has declared a "significant strategic investment" into premium sports apparel brand Castore.
The petrochemicals giant will invest in the Chester based clothing brand as part of an agreement that will see Castore acquire 100% of Ineos-owned Belstaff on a "debt-free, cash-free" basis.
Castore, which boasts sporting sponsorship deals with England Rugby, England Cricket and former Wimbledon champion Andy Murray, will now add Belstaff, the heritage clothing brand which celebrated its centenary in 2024, to its portfolio.
Belstaff chair Ashley Reed characterised the deal as a "union of two British brands".
यह कहानी The Journal के August 29, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 9,500 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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