The UK isn’t celebrating risk takers and wealth creators – Castore boss April 29, 2025 The UK is at risk of “taking too many steps down a road of not wanting to celebrate risk takers and wealth creators”, according to the co-CEO of sports apparel brand, Castore. Tom Beahon, who shares the top job with his brother Phil, added “there’s not a lot of incentive for anyone to take risks [...]
Krissy Cela’s Oner Active rakes in millions as sales double April 28, 2025 Oner Active, the fitness wear brand co-founded by influencer Krissy Cela, almost doubled its sales as profit surged in 2024. The London-headquartered business, which was set up alongside Thomas Mark and Austrian investors David and Lukas Kurzmann, has reported a gross revenue of £80.8m for the year, up from the £46m it achieved in 2023. [...]
Sales pass £600m at The White Company and Charles Tyrwhitt owner April 28, 2025 Sales at the group behind The White Company and Charles Tyrwhitt jumped past the £600m mark during its latest financial year, it has been revealed. Bectin Limited has posted a turnover of £607.7m for the 12 months to 3 August, 2024, up from the £558.5m it achieved in the prior year. But despite the sharp [...]
I quit the City of London and created £1bn Castore empire April 25, 2025 Cast your eye over the numerous growth lists that get churned out multiple times a year and there is one name that keeps cropping up towards the sharp end – Castore. The Manchester-headquartered brand has been on a skyrocketing journey since being founded by two Merseyside brothers in 2016. But Tom Beahon, who shares CEO [...]
Castore boss: How I convinced Andy Murray to back my sportswear brand April 25, 2025 The co-founder of sports apparel brand Castore has opened up about how he and his brother managed to convince Sir Andy Murray to invest in their company. Tom and Phil Beahon set up their business in 2016 and quickly set about attempting to get a high-profile backer to help get the brand off the ground. [...]
Asos: Losses narrow as e-commerce giant drives turnaround April 24, 2025 Struggling ecommerce giant Asos has reported reduced losses as its turnaround plan begins to take shape. Adjusted earnings before interest, tax, depreciation and amortization (EBITDA) moved into positive territory at £42.5m in the 26 weeks to March 2, from a loss of £16.3m last year. Its share price dipped by nearly two per cent in [...]
Square Mile tailor Neil McCann: I look forward to when gilets are a thing of the past! April 24, 2025 Square Mile tailor Neil McCann tells us about his career, style and the scourge of the gilet in this week's Square Mile and Me.
Charles Tyrwhitt: Office return helps sales to new record April 23, 2025 Sales at Charles Tyrwhitt have surged to more than £300m for the first time as the trend of returning to the office has boosted the workwear retailer. The London-headquartered business, which was founded by Nick Wheeler in 1986, has posted a turnover of £305.7m for the 12 months to 3 August, 2024. The total comes after [...]
Castore could snub London and float overseas as CEO talks up ‘global ambition’ April 23, 2025 The London Stock Exchange needs to offer something different if it’s going to convince Castore to float in the UK, its co-founder has said. Tom Beahon, speaking on an upcoming episode of City AM‘s Boardroom Uncovered podcast, said it would be “shame” if the brand didn’t end up choosing London and instead completed an initial [...]
Billionaire Gymshark boss Ben Francis quits firm he co-owns April 22, 2025 Ben Francis, the billionaire founder of Gymshark, has quit the sports talent agency he helped to establish. The Members Agency was set up in 2018, is based in Wolverhampton and also works on sports sponsorship deals. According to a new filing with Companies House, Francis has stepped down as a director and is no longer [...]