SPORTICO: Fanatics Expands Headwear Business with acquisition of Vetta Brands Assets

The world’s largest seller of licensed sports apparel is using money from a recent funding round to expand its headwear business.

Fanatics is buying a handful of assets from Vetta Brands, including the headwear-licensee Top of the World and its rights to more than 600 universities. It is also taking over the brand’s 220,000 square foot warehouse in Norman, Okla., which will become the base of Fanatics’s headwear business…