Lids hats stock price

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Meek Mill Partners with Lids Ownership Group, Plans to Unveil Exclusive Release of New Hat Line

NEW YORK, June 26, /PRNewswire/ -- Today,multiplatinum hip-hop artist, criminal justice reform advocate and entrepreneur Meek Mill is announcing his investment in sports apparel retailer Lids, the largest retail seller of hats (over 28 million sold per year) and licensed sports product in North America.

"I've always been a fan of Lids – growing up, I remember buying their hats to match my outfits and look my best," Mill said. "It's amazing to see my relationship with the brand come full-circle and have the opportunity to evolve as a businessman. We have a great team in place and we're looking forward to taking Lids to new heights."

Mill joins an esteemed ownership group that includes Fanatics and Ames Watson, which acquired Lids in February In addition to serving as the brand's co-owner, Mill will lend his creative expertise on brand strategy and release a limited-edition, exclusive hat line in August  The drop will serve as the first of many exclusive products that Mill will unveil with Lids.

Beyond hats, Lids has officially licensed professional and college sports team apparel available online and at 1, retail stores across the country.

"The Lids design team is thrilled to collaborate with Meek Mill.  He is a true original artist with an incredible sense of fashion.  Meek's first line of hats will be unique and the first of many ways we work together" said Tom Ripley, Lids Chief Executive Officer. 

"It's truly a pleasure to welcome Meek to the Lids ownership team," said Lawrence Berger, co-founder and partner at Ames Watson. "From afar, I've respected Meek's zeal for music and criminal justice reform, and I know that enthusiasm will translate to our work with Lids. His business acumen, passion for fashion and creative outlook will be vital to making us a more versatile brand."

About Meek Mill 
Meek Mill is a critically acclaimed multiplatinum hip-hop artist, songwriter and entrepreneur that hails from Philadelphia, Pennsylvania. Meek evolved from Philadelphia's hottest underground rapper to one of the world's preeminent musical artists, having released a slew of smash studio albums and singles, including "Ima Boss," "Dreams and Nightmares (Intro)," "All Eyes on You," and "Whatever You Need," among many others. His latest studio album, CHAMPIONSHIPS, debuted at No. 1 on Billboard's "Top Albums," marking his second chart-topper following his album DREAMS WORTH MORE THAN MONEY. In addition to serving as the CEO of Dream Chasers, Mill is the co-chair of the REFORM Alliance, which launched in January and aims to advance criminal justice reform and eradicate outdated policies that perpetuate injustice in the United States.

About LIDS:
Lids Sports Group is the largest omni-channel licensed sports retailer in North America, selling fan and fashion-oriented headwear and apparel across the U.S., Canada and Puerto Rico through over 1, retail locations.  Indianapolis-based Lids Sports Group operates stores under the Lids, Locker Room by Lids, Fanzz, Buckeye Corner, Yankees, Dodgers and numerous other name-plates.  Lids also has locations in Macy's department stores throughout the United States.

Contact: Didier Morias, [email protected], ()

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SOURCE Meek Mill

Markets Insider and Business Insider Editorial Teams were not involved in the creation of this post.



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Lids (store)

American hat company

Lids (store) logo.svg

Trade name

Lids Sports Group
  • Retailer
  • cappin
  • full service team dealer
  • custom screen printer
  • embroidery
  • sporting goods operator

Indianapolis, Indiana



Number of locations

Area served

  • United States
  • Canada
  • Puerto Rico

Key people

  • Trever Aldaya (Co-Founder/Executive VP at Lids/Hat World Inc.)
  • Trever Aldaya (co-founder, executive vice president)
  • Trever Aldaya (co-founder)
  • Meek Mill (co-owner)
DivisionsLids Locker Room, Lids Clubhouse

Lids Inc. is an American retailer specializing in athletic headwear. It primarily operates under the Lids brand with stores in the U.S., Puerto Rico and Canada. The majority of the stores operate in shopping malls and factory outlet centers.[1][2]


Lids was founded in the Bay Area by Trever Aldaya.[3][4] Lids was bought out by Hat World Inc, founded in by Glenn Campbell and Austin Leplow, based in Indianapolis, Indiana. Hat World's first store opened at Tippecanoe Mall in Lafayette, Indiana.[5] The second store opened at Muncie Mall[6] in Muncie,[7] Indiana.[8]

Hat World Inc. was acquired in April by footwear retailer Genesco Inc..[9] In Genesco sold Hat World to a joint venture between Ames Watson, LLC and Fanatics, Inc.[10] Also in , Meek Mill acquired an ownership stake.[11]


  1. ^"Lids - Company Information". Retrieved
  2. ^"Genesco Inc. - Lids". Retrieved
  3. ^Lilliefors, Jim (September 1, ). Ball Cap Nation: A Journey Through the World of America's National Hat. Clerisy Press. pp.&#;– ISBN&#;.
  4. ^Schwartz, Jason (March 23, ). "It's Much, Much More Than Just a Hat". Boston Magazine.
  5. ^Ketzenberger, John (27 December ). " Top Stories & Newsmakers: Outside companies snag high-profile loals". Indianapolis Business Journal. Archived from the original on 5 November
  6. ^"Muncie Mall", Wikipedia, , retrieved
  7. ^"Muncie, Indiana", Wikipedia, , retrieved
  8. ^"Indiana", Wikipedia, , retrieved
  9. ^"Genesco Completes Hat Shack, Inc. Acquisition" (Press release). Genesco Inc. Retrieved
  10. ^"Ames Watson acquires Lids Sports Group".
  11. ^"Meek Mill Becomes Co-Owner of Lids &#; SGB Media Online". 26 June

External links[edit]


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