PHILADELPHIA (CBS) — Some of the biggest names in entertainment are teaming up to buy Philadelphia-based sports retailer Mitchell & Ness.
The company that helped make throwbacks cool again will soon be owned by Fanatics Sportswear and a group that includes rappers Meek Mill, Jay-Z and Lil Baby.READ MORE: “School Girls,” Directed By Temple University’s Amina Robinson, Tackles Difficult Topics
76ers co-owner Michael Rubin owns Fanatics and he’s driving the acquisition.READ MORE: 5 People Shot Near Temple University, Philadelphia Police Say
Mitchell & Ness is the oldest sports apparel company in Philadelphia.MORE NEWS: PPA Adding Patrols To Monitor Illegally Parked Cars In Bike Lanes Amid Growing Number Of Bicyclists Killed In Philly
We’re told all of its workers will keep their jobs as part of the deal.