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Billionaire Asda brothers take major stake in sportswear firm - and move its headquarters to Manchester

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Don't miss a thing by getting the day's biggest stories sent direct to your inbox The billionaire owners of Asda are to move sportswear brand Castore's headquarters to Manchester after taking a major stake in the company, according to reports.

It's understood hundreds of jobs could be created in the next 24 months as a result of the move. Self-made Mohsin and Zuber Issa are understood to have first ploughed money into the brand in March 2020, through their Jersey-based Monte Group, reports the Times.

Castore - founded six years ago - has a partnership with tennis player Andy Murray and Scottish Premiership champions Rangers and is currently based in Liverpool.

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