Lids

Zionsville panel OKs Hat World land deal for HQ

January 14, 2014
Andrea Muirragui Davis
Zionsville officials on Monday agreed to sell 15.6 acres in the new Creekside Corporate Park to Hat World Inc. for $577,200. Local incentives tied to the deal could allow the company to recoup at least half of the purchase price.
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Zionsville still must finalize deal for Hat World's HQ

January 10, 2014
Andrea Muirragui Davis
The deal to move the retailer's corporate center from Marion to Boone counties dates back to May, when town officials closed on a $3 million land deal that they hoped would attract new development.
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Hat World plans include new HQ, hiring 758 workers

January 10, 2014
Scott Olson
The Indy-based retailer that operates nationally as Lids plans to build a 150,000-square-foot headquarters in Zionsville, beef up local distribution operations, and go on a major hiring spree.
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Lids parent plans 'major' jobs announcement

January 10, 2014
 IBJ Staff
The Governor's office said it plans to make "a major economic development announcement" Friday morning "regarding hundreds of new jobs for Hoosiers" at the headquarters of Hat World Inc.  in Indianapolis.
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Lids tries to regain glory following fashion shiftRestricted Content

August 31, 2013
Greg Andrews
Genesco’s hat unit now has reported four consecutive quarters of declining same-store sales—an unusual malaise for a business that from 2001 to 2006 posted a miraculous 19 straight quarters of increased same-store sales.
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Indy-based Lids to open 200 outlets in Macy's stores

August 14, 2013
 IBJ Staff
The arrangement is considered an inexpensive way to expand Lids' reach into large, sports-centric cities. But Wednesday's earnings report from Macy's indicates consumers aren't spending as much on apparel.
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Lids acquiring Kentucky sporting goods chain

May 20, 2013
Associated Press
The CEO of a private equity firm that helped fund the Lexington-based Fan Outfitters chain said new regulations imposed by the Affordable Care Act prompted the group to look at the offer from Lids.
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Lids and MainGate gear up for Super BowlRestricted Content

January 19, 2013
The companies, newly appointed to handle merchandise sale for the mega-event, are bringing in talent from across the country to staff the game in New Orleans.
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Lids buying 12 stores from Florida-based Fanatics chain

November 1, 2012
The purchase includes nine FansEdge locations in the Chicago area and one in Oklahoma, in addition to two Football Fanatics stores in Jacksonville, Fla.
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MainGate, Lids score Super Bowl merchandise dealsRestricted Content

September 15, 2012
Anthony Schoettle
A pair of Indianapolis-based companies recently scored the largest single-event deal in the world of U.S. sports licensing, unseating 24-year incumbent Facilities Merchandising Inc. to win lucrative deals at the 2013 Super Bowl in New Orleans.
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Lids division renews contract with IUPUI

July 23, 2012
Under the five-year deal, Nike will maintain its status as the official outfitter of all student athletes on the 16 varsity sports teams at IUPU. The initial deal was signed in October 2009. Terms of the current agreement were not disclosed.
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Retailer Lids strives for Super Bowl dominance

February 2, 2012
Cory Schouten
Lids Sports Group is emerging as an early Super Bowl winner among local businesses after betting big that souvenir sales would shine.
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Hat World suing three former execs for contract breaches

September 2, 2011
Scott Olson
The federal suit seeks monetary damages and a permanent injunction prohibiting the men from soliciting customers and employees, and from disclosing trade secrets.
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Hat World acquires New York sporting goods dealer

September 2, 2010
The purchase of Anaconda Sports helps Hat World to grow its LIDS Team Sports division, created to expand the Indianapolis-based company's reach beyond hat retailing.
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Hat World's new strategy looks beyond the nogginRestricted Content

July 10, 2010
Greg Andrews
Here’s the business plan: Expand from hat retailing into two new segments—licensed sports apparel and team-sports equipment—and benefit from the synergies among them.
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Hat World expansion to create 571 jobs in Indianapolis

June 10, 2010
 IBJ Staff
Hat World, a subsidiary of Nashville, Tenn.-based Genesco Inc., said it plans to invest up to $22 million to lease and prepare additional space locally as it consolidates manufacturing and warehouse operations from Wisconsin.
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Hat World to acquire Sports Avenue stores

May 27, 2010
 IBJ Staff
Locally based Hat World has agreed to acquire the assets of Sports Avenue, an Illinois-based competitor that operates 46 retail stores and 13 branded e-commerce sites. Terms of the deal where not disclosed.
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Hat World acquires 37-store Sports Fan-Attic chain

November 3, 2009
Cory Schouten
Locally based Hat World Inc. has agreed to acquire a popular 37-store athletic retail chain in hopes of doing for collegiate and professional sports licensed apparel what Hat World did for headwear.
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Hat World acquires Minnesota sporting goods dealer

September 28, 2009
Indianapolis-based Hat World Inc. said Monday that its Impact Sports division has acquired Great Plains Sports in St. Paul, Minn.
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Hat World purchase boosts team-merchandise strategyRestricted Content

March 30, 2009
Locally based Hat World Inc. has acquired a custom screen printing and embroidery operation based in Madison, Wis.
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Hat World shows sign of recovering from lackluster yearRestricted Content

August 4, 2008
Chip Cutter

The locally based headwear retailer Hat World made a name for itself by snatching up competitors and opening hundreds of stores around the country. However, after sluggish sales in the fiscal year that ended Feb. 2, the company--a unit of Nashville, Tenn.-based Genesco Inc.--says it plans to open fewer stores than usual this year so officials can put their focus back on existing operations.


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Finish Line's buy praised, pannedRestricted Content

June 25, 2007
Cory Schouten
Athletic retailer The Finish Line Inc. had cultivated a reputation for conservative play calling, keeping clean books with minimal debt. Then on June 18, the Indianapolis-based retailer called a surprise audible. The $1.3 billion company agreed to acquire Nashville, Tenn.-based Genesco Inc. for $1.5 billion.
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