Meek Mill just became co-owner of hat retailer Lids. On (June 3, 2019) Meek Mill To Follow Jay-Z's Footsteps to become the next billionaire in Hip-Hop.
Exclusive: Meek Mill on becoming the co-owner of sports apparel retailer Lids and how Jay-Z changed his perspective on business.
The rapper announced that he is a co-owner of popular hat retailer Lids. In addition to ownership, Meek will also help oversee brand strategy and he will be dropping a limited-edition hat line in August of 2019 with more products to follow.
In a statement, Meek expressed his excitement for the new business venture.
“I’ve always been a fan of Lids. Growing up, I remember buying their hats to match my outfits and look my best,” Meek says in a press release. "It’s amazing to see my relationship with the brand come full-circle and have the opportunity to evolve as a businessman. We have a great team in place and we’re looking forward to taking Lids to new heights.”
The team at Lids are excited to have Meek as well.
“It’s truly a pleasure to welcome Meek to the Lids ownership team,” said Lawrence Berger, the co-founder and partner of Lids' parent group, Ames Watson. “From afar, I’ve respected Meek’s zeal for music and criminal justice reform, and I know that enthusiasm will translate to our work with Lids. His business acumen, passion for fashion and creative outlook will be vital to making us a more versatile brand.”