Lids Sports Group purchases JAS Sports
Indianapolis -- The Lids Sports Group retail division has reached an acquisition agreement with JAS Sports Inc., the Seattle-based retailer of officially licensed Washington collegiate and Seattle professional sports team merchandise. The purchase consists of nine brick-and-mortar stores operating under the Seattle Team Shop, The Dawg Den and Sodo Sports banners, as well as the mobile concession operations near Safeco Field and Century Link Field.
In addition, the purchase consists of multiple online shops, which include Wazzugear.com, Soundersgear.com, Thedawgden.com and Seattleteams.com.
“In looking for growth opportunities with added value for our retail division, we found the JAS Sports portfolio to be a great fit that not only met our business criteria but our multichannel customer experience model as well,” commented Lids Sports Group president Ken Kocher. “We are pleased to have expanded the scope of our reach in the Greater Seattle area with this addition.”