Genesco Finalizes Sale of Lids Sports Group

Genesco has completed the sale of The Lids Sports Group to FanzzLids Holdings.

License Global

February 6, 2019

1 Min Read

The deal is valued at $101 million and is subject to working capital and other estimates excluding a tax benefit estimation of $30 million.

Genesco announced plans to sell The Lids Sports Group in December. The Lids Sports Group is comprised of the LIDS retail headwear stores, the LIDS Locker Room specialty fan retail chain, the LIDS Clubhouse retail stores and the internet businesses,, and

Read more about:


About the Author(s)

License Global

License Global is the leading news source for the brand licensing industry, delivering award-winning editorial content including news, trends, analysis, and special reports about the global consumer product and retail marketplace.

Through its print edition, website, daily e-newsletter and event publications, License Global reaches more than 150,000 executives and professionals in all major markets. The magazine also serves as the official publication for the sector’s trade events, which include Licensing Expo, Brand Licensing Europe, Licensing Expo Japan, Licensing Expo Shanghai and the Licensing Leadership Summit.

Subscribe for updates directly into your inbox.




Subscribe and receive the latest news from the industry Article
Join 62,000+ members. Yes, it's completely free.

You May Also Like