{"id":90546,"date":"2024-07-05T20:51:00","date_gmt":"2024-07-05T19:51:00","guid":{"rendered":"https:\/\/downtowninbusiness.com\/?p=90546"},"modified":"2024-07-16T15:07:05","modified_gmt":"2024-07-16T14:07:05","slug":"manchesters-castore-triumphs-as-fastest-growing-company-in-north-west","status":"publish","type":"post","link":"https:\/\/downtowninbusiness.com\/news\/2024\/07\/05\/manchesters-castore-triumphs-as-fastest-growing-company-in-north-west\/","title":{"rendered":"Manchester\u2019s Castore triumphs as fastest growing company in North West"},"content":{"rendered":"\n
This year\u2019s event, held in partnership with the Greater Manchester Chamber of Commerce<\/a>, drew an impressive crowd of business leaders, entrepreneurs and regional industry experts.<\/p>\n\n\n\n Awards were presented in three categories \u2013 fastest growing large, medium, and small businesses of the year \u2013 recognising enterprises of varying scale for their rapid growth, with an additional award for the overall fastest-growing business of the year.<\/p>\n\n\n\n For the first time, the ceremony included a panel of leaders from across the North West<\/a> who discussed the future of business in the region and what makes it a great place to grow.<\/p>\n\n\n\n Panellists included Emma Holt, President of the Greater Manchester Chamber of Commerce, Chiara Pettinicchio, a highly experienced M&A adviser and Susanna Lawson, Co-founder of digital business network platform Circle of Trust who successfully founded and exited edtech company OneFile.<\/p>\n\n\n\n This year\u2019s awards highlighted that the average turnover growth of the Fastest 50 North West businesses was an outstanding 72%. Impressively, the overall winning businesses delivered an average turnover growth of 160%.<\/p>\n\n\n\n Ward Hadaway\u2019s Paul Johnson, who chaired the panel discussion, said: \u201cStanding here today, I am incredibly inspired by the achievements of you all. You truly are a credit to the entrepreneurial spirit and innovation that thrives in our region and have demonstrated remarkable resilience and creativity, driving growth in challenging times. It is a privilege to celebrate your success and acknowledge your contributions to the regional economy. Huge congratulations to you all.\u201d<\/p>\n\n\n\n The overall fastest-growing business of the year was premium sportswear and athletic clothing brand Castore<\/a>, which achieved the highest turnover growth. Headquartered in Manchester, the business also won the large category. Known for its high-quality sportswear and partnerships with professional sports clubs and stars, Castore has demonstrated significant expansion and has deservedly secured its place at the top of the list.<\/p>\n\n\n\n Stuart Puddy, Investment Director at Castore, said: \u201cWe\u2019re absolutely delighted to win this award. It\u2019s a testament to the hard work and dedication of our team and the entrepreneurial spirit of brothers Tom and Phil Beahon who started Castore from humble roots in 2015. To see our exponential growth and the support from our amazing partners is incredible. This recognition is not just for us, but for all the businesses in the region striving to succeed. It\u2019s an exciting time to be at Castore as we embark on the next phase of our journey.\u201d<\/p>\n\n\n\n