RELEASE: LIDS Sports Group to Acquire Retail Stores from Fanatics, Inc.

FansEdge and Football Fanatics retail locations in Chicago, Jacksonville and Oklahoma markets to be rebranded under the Locker Room by LIDS retail banner

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INDIANAPOLIS, Ind., October 31, 2012 – The LIDS retail division, a multi-channel business unit of Indianapolis-based LIDS Sports Group, has reached an agreement with Florida-based Fanatics, Inc. to purchase 12 brick-and-mortar retail stores, comprised of nine FansEdge locations in the Greater Chicago area as well as one in Oklahoma and two Football Fanatics in Jacksonville, Fla.

Through this agreement the locations will be rebranded under the Locker Room by LIDS retail banner, to include region-specific storefronts such as Chicago Locker Room and Oklahoma Locker Room.  “We continue to look for opportunities to expand the LIDS brand, and this acquisition allows us the opportunity to align these new additions – which are positioned in great sports communities – with our evolving sports apparel retail concepts,” said LIDS Sports Group President Ken Kocher.

ABOUT LIDS SPORTS GROUP
The LIDS Sports Group, operating within Hat World, Inc., is comprised of the LIDS retail headwear stores, the LIDS Locker Room specialty fan retail chain, the LIDS Clubhouse retail stores, the LIDS Team Sports wholesale team sports business, and the Internet businesses www.lids.com, www.lidslockerroom.com, wwwlidsclubhouse.com, www.lidsteamsports.com and www.lids.ca. Operating out of Indianapolis, Indiana, the retail businesses make up more than 1,000 mall-based, airport, street level and factory outlet locations nationwide, and in Canada and Puerto Rico. LIDS retail stores offer officially licensed and branded headwear of collegiate teams, major professional sports teams, as well as other specialty fashion categories in the latest styles and colors. LIDS Locker Room is a mall-based retailer of sports headwear, apparel, accessories, and novelties which also operates under the Sports Fan-Attic and Sports Avenue retail concepts. Most LIDS and LIDS Locker Room stores also offer custom embroidery capability. LIDS Clubhouse operates team-specific professional sports and university athletics retail stores and e-commerce sites. LIDS Team Sports is a full-service team uniform and apparel dealer, custom screen printer, embroidery and sporting goods distributor. Hat World, Inc. is a subsidiary of Genesco Inc.

“In our mission to establish the LIDS brand as a one-stop shop for the fan, participant or both, this agreement offers LIDS Sports Group the chance to further expose the many other layers of our business to sports enthusiasts who are predominately only familiar with our headwear side,” said Kocher.

The LIDS Sports Group retail division will introduce its Custom Zone in-store customization capabilities to the recently acquired locations, which will carry an assortment of local and regional product offerings of officially licensed apparel and merchandise.  Customers will also be able to take advantage of the company’s gift card and LIDS Club loyalty card programs at each location.

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