September 3, 2010, 2:08 PM

Hat World buys another sporting goods company

The Anaconda Sports acquisition is Hat World’s third recent purchase.

Lead Photo

Hat World Inc. has bought Anaconda Sports Inc., a sporting goods dealer that operates a direct mail catalog business and an e-commerce site. Hat World, a unit of Genesco Inc., is No. 381 in the Internet Retailer Top 500 Guide.

Terms of the deal were not disclosed.

Anaconda Sports, which sells to wholesalers, mass merchandisers and distributors, becomes part of Hat World’s Lids Teams Sports wholesale business. That unit sells sporting goods and apparel to schools, bookstores, corporations and youth groups.

 

 

“The addition of Anaconda is the latest example of Lids’ intent to grow its brand through the team dealer channel,” says Kenneth Kocher, president of Hat World. “The diversity within the Anaconda Sports business, its excellent reputation for quality and on-time delivery match up with Lids’ Team Sports’ existing initiatives.”

In May, Hat World continued to diversify its multichannel base by announcing it would buy the assets of Sports Avenue, which operates 46 stores and 13 e-commerce sites.  A few weeks earlier, Hat World bought Brand Athletics Inc., a team apparel and equipment dealer, custom screen printer and embroidery operator.

comments powered by Disqus

Advertisement

Advertisement

Advertisement

From IR Blogs

FPO

Adrien Henni / E-Commerce

eBay and Russian Post accelerate cross-border deliveriies

EBay and Russian Post have signed a memorandum of cooperation aimed at reducing the time ...

FPO

Ernie Diaz / E-Commerce

Can Tencent win the mobile commerce battle with Alibaba?

The two Chinese Internet giants are increasingly encroaching on each other’s territories. A Beijing-based marketing ...

Advertisement