Heritage fashion brand Belstaff bought by British sportswear group Castore

Struggling brand sold by Sir Jim Ratcliffe’s Ineos, which is to take ‘strategic investment’ in Castore’s holding company

Belstaff, the struggling British fashion brand known for its heritage motorcycle gear, has been bought by the sportswear group Castore from the billionaire Sir Jim Ratcliffe’s Ineos.

Under the deal, the terms of which have not been disclosed, Ineos will make a “significant strategic investment” in Castore’s holding company.