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who owns prep sportswear

by:Tengfei     2023-07-12

Who Owns Prep Sportswear?


Prep Sportswear is an online marketplace that enables schools, teams, and universities to create and sell their own custom-designed apparel. The company has grown significantly over the years, serving over 1 million customers and partnering with over 30,000 schools and organizations across the United States.


With the growing popularity of the platform, many people are curious about the ownership of Prep Sportswear. In this article, we'll take a closer look at the history of the company and its current ownership structure.


History of Prep Sportswear


Prep Sportswear was founded in 2003 by Mike Humenik and Kevin Hastings. The two former college athletes noticed a gap in the market for custom apparel for schools and teams. At the time, there were limited options and only a few companies that could provide custom products on a small scale.


Humenik and Hastings saw an opportunity to fill this void by providing an online marketplace where schools could create their own designs and sell them to their communities. The founders started with just a few dozen products but quickly grew their inventory to include thousands of options for all types of sports and activities.


Prep Sportswear quickly became a hit with schools and organizations across the country. It was particularly popular because it eliminated the need for upfront costs or inventory. Schools could design and sell their own products without worrying about the expense of producing them or the hassle of storing unsold items.


The Growth of Prep Sportswear


Since its inception, Prep Sportswear has steadily grown and expanded its offerings. The company has not only added more products but has also developed new features that make the platform more user-friendly.


For example, in recent years, Prep Sportswear has introduced a fundraising program that enables schools to earn money through sales. Schools can create their own online stores and receive a portion of the profits from every purchase. This has allowed schools to raise money for their programs without having to invest any upfront costs.


Prep Sportswear has also developed a robust mobile app that makes it easy for users to shop on the go. The app has all the features of the website, including customization options and a wide range of products.


Today, Prep Sportswear has become one of the leading online marketplaces for custom sports apparel. The company boasts millions of customers and partnerships with thousands of schools and organizations. It has become the go-to destination for anyone looking to create and buy custom sports apparel and accessories.


Who Owns Prep Sportswear?


Over the years, Prep Sportswear has gone through several ownership transitions. The company was initially owned by its founders, Humenik and Hastings, but in 2011, it was acquired by American Achievement Corporation (AAC).


AAC is a company that specializes in providing graduation products and related services. It owns several other brands, including Balfour and ArtCarved.


Under AAC's ownership, Prep Sportswear has continued to grow and expand. The company has remained headquartered in Seattle, Washington, and has maintained its commitment to providing high-quality products and excellent customer service.


In 2018, AAC was acquired by Herff Jones, a subsidiary of Varsity Brands. Varsity Brands is a leading provider of products and services to schools and colleges, including cheerleading uniforms, class rings, and graduation products.


Today, Prep Sportswear is owned by Varsity Brands and continues to operate as a standalone brand. While the ownership may have changed over the years, the company's commitment to providing top-notch products and services has remained constant.


Conclusion


Prep Sportswear is a thriving online marketplace that enables schools and organizations to create and sell custom-designed apparel. With its growing popularity, many people are interested in learning about the ownership of the company.


Prep Sportswear was founded by Mike Humenik and Kevin Hastings but is now owned by Varsity Brands, a subsidiary of Herff Jones. Despite the changes in ownership, Prep Sportswear has remained committed to providing high-quality products and excellent customer service. It continues to be a popular destination for anyone looking to create and buy custom sports apparel and accessories.


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