Lids Sports Group news and archive

Lids launches renewed store concept to enhance the retail experience

Sportswear retailer Lids has launched a new, reinvented store concept specially designed to enhance the shopping experience. Focusing on personalization, the revised store format includes a modernized layout and a customization zone alongside a broader range of localized and exclusive products. The retail concept places greater emphasis on...

Retail

Lids opens third Lids HD store in Los Angeles

Sportswear retailer Lids has opened a new store under its retail concept, Lids HD, in Los Angeles, California, marking its third Lids HD store to open date. Short for 'Lids Hat Drop,' the new store is the physical version of an online concept developed and launched by the retailer in 2022. Offering all types of sportswear hats, from baseball...

Member

Business

Genesco Inc completes sale of Lids Sports Group to FanzzLids Holdings

Nashville-based retailer Genesco has completed the sale of Lids Sports Group to FanzzLids Holdings for 101 million US dollars, following a definitive agreement announced in December. “The sale is still subject to working capital and other adjustments and does not include a tax benefit estimated a 30 million US dollars”, said Genesco in a...