Lids Sports Group acquires 28-store Jersey City Canada
Indianapolis – Lids Sports Group has acquired Jersey City Canada, a licensed sports apparel, headwear and novelty company operating 28 stores across four Canadian provinces. In addition, the acquisition includes nine headwear-only Capz stores, and two websites.
Partnering with the Canadian Football League (CFL), Lids Sports Group will become the online provider of CFL officially licensed merchandise. With this acquisition, Lids Sports Group will now operate more than 150 locations across Canada, an increase of roughly 35%.
"The addition of Jersey City stores and the official relationship with the CFL will position our company as an even more significant force in the Canadian market for licensed sportswear," said Ken Kocher, president of Lids Sports Group. "With this acquisition, we will expand our presence in Canada with increased operations and retail expertise, as well as reaffirm our commitment to best serve customers by delivering quality sports merchandise."