Lids/Hat World

Lids, known legally as Hat World, Inc., is a specialty retailer focused on licensed sports headwear, apparel, and accessories. The company began in 1995 in Zionsville, Indiana, when a small team set out to create a destination for sports fans seeking authentic merchandise. Over the years, Lids has grown steadily, reaching a significant milestone when Fanatics, Inc. acquired a majority stake. This partnership has helped Lids broaden its reach and deepen its connections with major sports leagues and universities.

As of November 2025, Lids operates more than 1,400 stores worldwide. Its locations span high-traffic shopping centers, urban flagship stores in cities such as New York, London, and Paris, and specialty shops dedicated to major sports franchises. The company has also expanded into international markets, with active growth in the United States, Canada, the United Kingdom, and France. In the past five years, Lids has opened new flagship stores in major cities and rolled out specialty concepts, reflecting a flexible approach to retail formats.

Lids is recognized for its on-site customization services, allowing customers to personalize hats and apparel in-store. The company’s retail presence is complemented by a robust e-commerce platform, giving fans access to officially licensed merchandise from professional and collegiate teams, as well as exclusive collaborations with entertainment brands and artists. Through a partnership with Barnes & Noble Education, Lids manages team merchandise in nearly 800 college bookstores, further strengthening its footprint in campus retail.

With headquarters in Indianapolis and a workforce of about 8,000 employees, Lids continues to invest in omnichannel retail and new partnerships. The company does not franchise its stores, maintaining direct control over its operations and brand experience. Its consistent expansion, diverse store formats, and established industry relationships position Lids as a reliable, high-volume tenant in the retail sports merchandise sector.