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Meek Mill is now a co-owner of the sports apparel retailer Lids

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Meek Mill has definitely been having dinners with Jay-Z. On Wednesday (June 26), announced that he has became a co-owner of Lids, the biggest hat retailer in North America with more than 1,200 retail locations across the United States.

“I've always been a fan of Lids – growing up, I remember buying their hats to match my outfits and look my best,” Mill said. “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.”

Meek also told Business Insider that he wants to use his position as the creative strategist to further infuse culture with the company. 

“I would definitely love to involve our whole culture in Lids more,” Meek Mill says. “Because, first thing we do in merchandise in hip-hop, we sell hats, we sell all types of things.”

Lids is co-owned by Ames Watson and Fanatics, whose CEO is Sixers limited partner and Meek Mill's good friend, Michael Rubin. As a new stakeholder in the brand, Meek Mill will lead the creative side and release his own limited-edition, exclusive hat line this August. 

“The Lids design team is thrilled to collaborate with Meek Mill,” Lids CEO Tom Ripley says. “He is a true original artist with an incredible sense of fashion. Meek's first line of hats will be unique and the first of many ways we work together.”

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