Lids Team Sports, the team dealer division of Genesco Inc., plans to close its factory in DeForest, WI, by Dec. 31, affecting 100 workers. The factory was acquired in the acquisition of Impact Sports in late 2008.
In a letter released by the Department of Workforce Development in Wisconsin, Genesco said the closing of the Lids Team Sports plant began Nov. 1 and would be completed Dec. 31.
The Impact Sports' acquisition in late 2008 marked the launch of Genesco's team dealer business. Genesco acquired Great Plains Sports in 2009, Brand Athletics in May 2010, and Anaconda Sports in September 2010. The division, which operates as part of Genesco's Hat World segment, was renamed Lids Team Sports earlier this year.