Lids or Hat World, Inc. is an American retailer specializing in athletic headwear. It primarily operates under the Lids brand with stores in the U.S., Puerto Rico, Canada, Australia, France, Germany, and the United Kingdom plus various websites. The majority of the stores operate in shopping malls and factory outlet centers. Lids Corp. was founded in Boston by best friends Douglass Karp (son of real estate developer Stephen R. Karp) and Ben Fischman (son of real estate developer Steven Fischman) in 1993. Hat World, Inc. was founded in 1995 by George Berger, Glenn Campbell and Scott Molander, with its headquarters office in Sioux Falls, SD. Hat World's first store opened on November 3, 1995 in the Tippecanoe Mall in Lafayette, Indiana. The second store opened at Muncie Mall in Muncie, Indiana. The company's operations and warehouse were located in Indianapolis. The administrative headquarters was later moved from Sioux Falls to Indianapolis. The original Lids Corp. filed for bankruptcy protection in 2001 and certain Lids stores, the tradename/trademark and other assets were acquired by Hat World,Inc., which subsequently changed its store names from "Hat World" to "Lids." More information...
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