Castore, a Manchester-based sportswear brand, has secured a 10-year lease for a new store in Derby’s Derbion shopping centre, set to open on 22 August.
- The store will be located on the second floor, adjacent to sportswear retailer Footlocker, expanding Castore’s UK presence.
- Castore’s expansion strategy includes over 30 retail locations worldwide, with 16 in the UK alone.
- Peter Alecock, Castore’s commercial director, expressed excitement about entering the Derby market, highlighting the strategic importance of the location.
- The Derbion centre attracts a diverse customer base from across the East Midlands, making it an ideal location for Castore’s latest retail expansion.
Castore, renowned for its innovative sportswear, has signed a 10-year lease agreement for a 1,771 square feet retail unit in Derby’s Derbion shopping centre. This marks a significant addition to the brand’s expanding footprint within the UK.
The new store, which is scheduled to open on 22 August, will be situated on the second floor of the shopping centre, next to the well-established sportswear retailer Footlocker. This strategic positioning is set to strengthen Castore’s visibility and accessibility to customers.
Currently boasting more than 30 retail locations worldwide, Castore already has a solid presence in the UK with 16 stores. In line with their ambitious international expansion strategy, Castore recently inaugurated a flagship store in the UAE’s Dubai Mall in October 2023, followed by a concept store in Dublin in February 2024.
Peter Alecock, former COO of JD Sports and CEO of Joe Browns, who joined Castore as commercial director, remarked, “We are really excited to be opening our latest store at Derbion as we look to bring our quality array of sportswear to Derby shoppers.” His statement underscores the brand’s commitment to delivering quality products and enhancing customer experience in new markets.
The Derbion shopping centre, known for its diverse array of big-name brands, draws shoppers from across the East Midlands. This prominence makes it a prime location for Castore’s debut in the city, aligning perfectly with their retail expansion goals.
The opening of Castore’s new store in Derby represents a strategic move to broaden its retail presence and reach more customers.