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Castore partners with GXO to support its logistics operations globally

1. GXO expands logistics services for Castore's global operations. 2. Partnership includes teamwear distribution for major sports teams. 3. GXO's warehousing and transport enhance efficiency for Castore. 4. Castore aims for growth with GXO's logistics expertise. 5. GXO's integration streamlines supply chain operations.

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Why Bullish?

GXO's expansion with a high-profile partner like Castore enhances brand visibility and trust. Historical collaborations with prominent brands often lead to increased revenue streams.

How important is it?

The article indicates GXO is increasing its market reach and capacity. Expanding logistics for notable brands can lead to enhanced market share and financial performance.

Why Long Term?

The partnership is likely to result in sustained revenue growth for GXO over time. Past partnerships in logistics have shown long-term benefits through growth in client businesses.

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Teamwear, merchandise and high-quality mainline sportswear will be distributed through GXO’s expert logistics services GXO will distribute teamwear to Oracle Red Bull Racing, McLaren F1, Everton FC, Glasgow Rangers, England Cricket and many more high-profile sports teams and individual athletes LONDON, U.K. and EINDHOVEN, The Netherlands, Feb. 05, 2025 (GLOBE NEWSWIRE) -- GXO Logistics, Inc. (NYSE: GXO), the world’s largest pure-play contract logistics provider, announced today that it has expanded its partnership with Castore, the performance sportswear brand, to operate warehousing and transportation in the UK, US and Europe. GXO has been providing logistics services to Castore’s business in the UK since April 2024, distributing teamwear to a variety of sporting teams and individuals, including Oracle Red Bull Racing, McLaren F1, Everton FC, the England Cricket teams, as well as Olympic silver medallist Adam Peaty. Following the successful launch of the UK operation, Castore is expanding its partnership with GXO which will use its global scale to provide logistics operations in the Netherlands with plans to expand to the U.S. Alongside teamwear, GXO distributes product to wholesale customers that sell team merchandise and high-quality sportswear, whilst also providing retail distribution to more than 20 Castore stores across Europe. Additionally, GXO is responsible for fulfilling and managing the transport of all e-commerce sales globally. “It is fantastic to partner with a like-minded and fast-growing brand,” said Richard Cawston, Chief Revenue Officer, GXO. “We’re proud that Castore recognised our expertise in fashion and sportswear, trusting their logistics to us. We will bring our capabilities in warehousing and transport services to support Castore’s continuing growth. Our flexible systems have already helped improve efficiencies and, with our transport capabilities, we can deliver seamless and streamlined fulfilment. It’s brilliant that our success in the UK has given us the opportunity to grow our partnership so Castore can access our global network as they grow in Europe and the U.S.” Adrian Harris, Chief Supply Chain Officer of Castore: “As Castore continues its fast-paced growth, we want to ensure we work with partners to support and strengthen our ambitions to be one of the world’s highest performance sportswear brands. We’re confident that GXO is the right logistics partner to manage our existing operations in the UK, and across our global network, with an experienced team and world-class systems to meet our needs.” In the UK, GXO and Castore worked seamlessly to deliver a rapid implementation, rolling out a new dedicated warehouse management system within eight weeks of contract signing. GXO will provide both warehousing and managed transport solutions to Castore, integrating both elements of the supply chain to ensure a continuous operation from start to finish. An integrated operations model allows businesses to unlock greater economies of scale and reduces the risk of disruption as products flow seamlessly from the warehouse to transport. GXO offers an integrated solution of services to Castore, including returns, courier management, personalisation and building relationships with Castore’s brand partners to ensure the seamless distribution of product. With GXO’s courier management team now responsible for parcel delivery administration in the UK&I, Castore is able to remain laser-focused on creating the highest quality sportswear products for teams and customers. About GXO Logistics GXO Logistics, Inc. (NYSE: GXO) is the world’s largest pure-play contract logistics provider and is capitalizing on the rapid growth of ecommerce and automation. GXO is committed to providing a world-class, diverse workplace for more than 130,000 team members in more than 970 facilities totaling approximately 200 million square feet. The company partners with the world’s leading blue-chip companies to solve complex logistics challenges with technologically advanced supply chain and ecommerce solutions. GXO is headquartered in Greenwich, Connecticut, USA. Visit GXO.com for more information and connect with GXO on LinkedIn, X, Facebook, Instagram and YouTube. About Castore Castore is a performance sportswear brand and end-to-end digital retailing platform for global sports teams. Castore’s Team Sports platform manages the full omni-channel retailing (online, offline, event-based) operations for selected partners and has a proven approach for growing revenues through product quality, supply chain innovation and fan engagement. ​​Team Sports partners include McLaren F1; Oracle Red Bull Racing; England Cricket Board, Everton FC, Glasgow Rangers, Bayer Leverkusen, Feyenoord, Sevilla FC, Athletic Club (Bilbao), Saracens Rugby and Republic of Ireland Football. Castore’s Mainline brand crafts high-quality sportswear using advanced materials and precision engineering designed to improve athlete performance.  Media contactsGXOJack Woodhead+44 (0)7929104482jack.woodhead@gxo.com Castorecastore@teneo.com  Castore partners with GXO to support its logistics operations globally Castore partners with GXO to support its logistics operations globally GXO will distribute teamwear to Oracle Red Bull Racing, McLaren F1, Everton FC, Glasgow Rangers, Eng...

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