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accusing them of monopolizing the cheerleading competitions, camps, and apparel markets. This settlement follows a $ 43.5 million antitrust settlement from
October 2023. Key elements of the 2024 settlement include removing the requirements for cheerleaders to attend Varsity-run camps for championship
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In June 2014, it was announced that the company would operate under the
Varsity Brands name to reflect a more integrated operation. The company was then sold to the private equity group
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In 2011, Herff Jones merged with
Varsity Brands. Its founder and CEO, Jeff Webb, became president and CEO of Herff Jones. Herff Jones acquired BSN Sports in 2013.
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https://www.dallasnews.com/business/business/2015/02/27/the-biggest-distributor-of-sports-apparel-footwear-and-equipment-is-right-here-in-farmers-branch.html/
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In
September 2022, Varsity Brands also faced two lawsuits regarding sexual assault charges related to Varsity-Brands-connected coaches.
196:. It is primarily focused on academic apparel and memorabilia, with its operations split among three major subsidiaries, including
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340:"Bain to acquire Varsity Brands, a top maker of cheerleader uniforms and school spirit items, for roughly $ 2.5 billion"
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In May 2020, Varsity Brands faced a consolidated lawsuit over monopoly control in the cheerleading apparel industry.
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eligibility and stay at
Varsity-approved hotels and ending information sharing between Varsity and the
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In May 2024, Varsity Brands and its previous owners agreed to pay $ 82.5 million to settle a
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Adam
Blumenfeld, CEO of BSN Sports since 2007, was named CEO of Varsity Brands in 2017.
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In 2023, Varsity Brands sold the Herff Jones graduation business to Atlas
Holdings.
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448:"Fusion Elite All Stars v. Varsity Brands, LLC - Antitrust Class Action Settlement"
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404:"Varsity Brands sells its Herff Jones high school, college graduation business"
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548:"VARSITY CHEERLEADING, BAIN AGREE TO $ 82.5 MILLION ANTITRUST SETTLEMENT"
117:, cheerleading apparel, camps, competitive events, graduation products,
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498:"Varsity Cheerleading Faces Sex Abuse Claims Amid Antitrust Litigation"
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is an
American apparel company owned by the private equity firm
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430:"Varsity Brands acquired by KKR for reported $ 4.75 billion"
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919:Companies based in the Dallas–Fort Worth metroplex
473:"The Coming Collapse of a Cheerleading Monopolist"
929:Sporting goods manufacturers of the United States
267:for approximately $ 4.75 billion in August 2024.
523:"Antitrust and the Fall of a Cheerleading Giant"
45:Academic apparel, sports equipment, cheerleading
309:"Jeff Webb Named President, COO of Herff Jones"
618:
373:. American City Business Journals. 2014-06-03
8:
19:
591:Star Athletica, LLC v. Varsity Brands, Inc.
250:for $ 1.5 billion. In 2018, it was sold to
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367:"Rebranding spreads Varsity name around"
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759:Kansas City Bolt and Nut Company plant
307:Michael Sheffield (11 December 2012).
271:Antitrust and sexual assault lawsuits
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200:—a manufacturer of products such as
227:; and BSN Sports, a distributor of
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939:Kohlberg Kravis Roberts companies
428:Womack, Brian (August 27, 2024).
684:Bombardier Recreational Products
290:, which was founded by Varsity.
1:
954:2024 mergers and acquisitions
949:2018 mergers and acquisitions
944:2014 mergers and acquisitions
338:Hirsch, Lauren (2018-06-19).
546:Libit, Daniel (2024-05-14).
496:Libit, Daniel (2022-09-07).
248:Charlesbank Capital Partners
263:Varsity Brands was sold to
69:; 10 years ago
970:
729:GOME Electrical Appliances
554:. Penske Media Corporation
254:for around $ 2.5 billion.
837:Aspen Achievement Academy
809:Virgin Australia Holdings
24:
527:www.thebignewsletter.com
477:www.thebignewsletter.com
288:U.S. All Star Federation
16:American apparel company
434:The Dallas Morning News
265:Kohlberg Kravis Roberts
194:Kohlberg Kravis Roberts
934:Bain Capital companies
857:Mount Bachelor Academy
842:Academy at Swift River
898:Bain Capital Ventures
829:Aspen Education Group
371:Memphis Business News
313:Memphis Business News
87:Farmers Branch, Texas
877:Wellspring Academies
847:Bromley Brook School
283:class-action lawsuit
223:and competitions in
190:Varsity Brands, Inc.
105:Adam Blumenfeld, CEO
20:Varsity Brands, Inc.
819:The Weather Channel
667:Portfolio companies
163:Number of employees
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893:Bain & Company
814:Warner Music Group
779:NXP Semiconductors
113:athletic apparel,
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502:Sportico.com
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252:Bain Capital
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225:cheerleading
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146:Bain Capital
82:Headquarters
34:Company type
799:Toys "R" Us
754:iHeartMedia
719:DoubleClick
694:Burger King
658:Mitt Romney
408:Dallas News
202:class rings
198:Herff Jones
154:(2014–2018)
152:Charlesbank
148:(2018–2024)
119:class rings
54:Herff Jones
50:Predecessor
913:Categories
886:Affiliates
784:Retail Zoo
699:Burlington
689:Brookstone
653:Eric Kriss
597:SCOTUSblog
558:2024-05-16
532:2024-03-21
507:2024-03-21
482:2024-03-21
457:2024-03-21
414:2024-05-14
377:2020-09-30
349:2020-09-30
294:References
206:graduation
101:Key people
749:HD Supply
709:Dollarama
704:D+M Group
648:Bill Bain
233:equipment
213:yearbooks
123:yearbooks
769:Michaels
739:Gymboree
714:Domino's
552:Sportico
318:6 August
110:Products
42:Industry
794:Staples
764:KB Toys
239:History
221:apparel
172:Website
142:(2024–)
127:jewelry
72: (
64:Founded
37:Private
674:Aleris
641:People
211:, and
724:Edcon
167:9,000
133:Owner
390:url=
344:CNBC
320:2015
231:and
181:.com
74:2014
67:2014
594:at
177:www
140:KKR
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Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.
