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Hot Topic.
| Type | Private |
|---|---|
| Industry | Retail |
| Founded | October 1989 Montclair Plaza Montclair, California, U.S. |
| Founder | Orv Madden |
| Headquarters | Industry, California, U.S. |
What is hot topic?
When did Hot Topic start?
When did Hot Topic open in Canada?
Is Hot Topic still under the same umbrella?
See 1 more
About this website
How much is a Hot Topic franchise?
FRANCHISE FEES: The franchise fee for both new and converting stores is $10,000 (good for 10 years). Franchise royalties are 10 percent and advertising royalties are 4 percent. CONTACT: Karen Miller, director of franchise operations, 516-465-6963 or visit the website, www.cohensfashionoptical.com.
Who is Hot Topic owned by?
Sycamore PartnersHot Topic / OwnerSycamore Partners is a private equity firm based in New York specializing in retail and consumer investments. The firm has approximately $10 billion in aggregate committed capital. Wikipedia
How many stores does Hot Topic have?
Hot Topic currently operates 676 stores in the United States and Canada, up from 662 locations in 2014, in addition to an online store where one can buy goods from hundreds of entertainment franchises.
How is Hot Topic doing financially?
Hot Topic revenue is $761.0M annually. After extensive research and analysis, Zippia's data science team found the following key financial metrics. Hot Topic has 9,660 employees, and the revenue per employee ratio is $78,778. Hot Topic peak revenue was $761.0M in 2021.
Is working at Hot Topic good?
Is Hot Topic a good company to work for? Hot Topic has an overall rating of 3.6 out of 5, based on over 1,840 reviews left anonymously by employees. 65% of employees would recommend working at Hot Topic to a friend and 46% have a positive outlook for the business.
Is Hot Topic and BoxLunch the same company?
The business was acquired by Hot Topic in 2016. The first BoxLunch stores and the Box-Lunch website were launched in 2015 after the company realized there was a gap in merchandising experiences for adult pop-culture consumers and their families. They are now more than 200 locations with plans for more.
Is Hot Topic expensive?
Hot topic has items ranging from $1 to in store about $100. Most items range between $20-$30. The average amount spent per customer is $30. Yewerly and the buttons is very expensive.
Who is the CEO of Hot Topic?
Steve Vranes (2016–)Hot Topic / CEO
What age does Hot Topic hire?
16 years oldPopular topics Unfortunately the company starts hiring at 16 years old. Can a 16 year old work an 8-hour shift at hot topic? No, 16 year olds can only work 5.5 hour shifts. You have to be 16 yearly old to work here.
Does Hot Topic have stocks?
HOTT - Stock Price, News, Charts, Message Board, Trades....Hot Topic Financials.Market Cap$ 570.59MEPS0.46PE Ratio30.20Dividends Per Share$ 0.32Dividend Yield-8 more rows
Is Hot Topic A good brand?
Hot Topic's brand is ranked #277 in the list of Global Best Brands, a carefully curated list of recognized brands as rated by customers of Hot Topic. When compared to other organizations within the Retail industry, Hot Topic is ranked #49.
What is Hot Topic known for?
Hot Topic, Inc. (stylized as HOT TOPIC) is an American retail chain specializing in counterculture-related clothing and accessories, as well as licensed music. The stores are aimed towards an audience interested in rock music and video gaming, and most of their audience ranges from teens to young adults.
Who is the CEO of Hot Topic?
Steve Vranes (2016–)Hot Topic / CEO
Is torrid and Hot Topic the same company?
Torrid Holdings Inc. is an American women's retail chain formerly owned by Hot Topic. While it is still owned by Sycamore Partners, owners of Hot Topic, in 2015, the company branched off to become Torrid, LLC. The store offers plus-size clothing and accessories for women size 10-30.
What company owns box lunch?
Hot TopicBoxLunch offers a curated selection of licensed apparel, accessories, collectibles, beauty, home goods and novelty merchandise from a variety of popular franchises. They are a subsidiary of Hot Topic. BoxLunch also donates one meal to Feeding America for every $10 spent in-store.
Who owns torrid?
Sycamore PartnersTorrid / Owner
What is another word for "hot topic"?
Synonyms for hot topic include talking point, point of discussion, breaking news, controversial subject, headline, subject of debate, topic of conversation, trending topic, big fuss and big issue. Find more similar words at wordhippo.com!
Hot Topic, Inc. -- Company History
Statistics: Public Company Incorporated: 1989 Employees: 1,653 Sales: $103.4 million (1999) Stock Exchanges: NASDAQ Ticker Symbol: HOTT NAIC: 44815 Clothing Accessories Stores; 44819 Other Clothing Stores Key Dates: 1989: Hot Topic is founded by Orv Madden. 1990: Hot Topic begins to expand. 1996: Hot Topic goes public. 1997: The company introduces its own label. ...
Hot Topic, Inc. Company Profile | City OF Industry, CA | Competitors ...
Find company research, competitor information, contact details & financial data for Hot Topic, Inc. of City OF Industry, CA. Get the latest business insights from Dun & Bradstreet.
The Story of Hot Topic's Success, From Garage Store to Growing Chain
From its humble start in a California garage to its soaring presence in malls across the continent, here's how Hot Topic made it big in North America.
Hot Topic synonyms - 235 Words and Phrases for Hot Topic - Power Thesaurus
235 other terms for hot topic- words and phrases with similar meaning
Who started Hot Topic?
Hot Topic has always been home to affordable fan gear. Orv and LeAnn Madden, who started the store out of their Southern California garage in October 1989, sold “The Nightmare Before Christmas” stockings and “South Park” stickers when those franchises had but nascent fandoms.
Where is Hot Topic Store?
Credit... Pat O'Malley for The New York Times. By Paula Mejía. April 6, 2019. On a recent afternoon, the Hot Topic store at the King of Prussia Mall, outside of Philadelphia, teemed with teenagers, 20-somethings and stroller-pushing parents.
What percentage of Hot Topic products are intellectual property?
According to a company representative, more than 75 percent of Hot Topic’s products are the result of agreements with intellectual property owners, including record labels and entertainment studios, to license their official merchandise.
When did Hot Topic acquire Sycamore Partners?
Though Hot Topic has not publicly disclosed its financials since the private equity firm Sycamore Partners acquired it in June 2013 for about $600 million, the brand’s endurance in the narrowing market of juniors apparel suggests that the brighter, broader inventory is selling.
What are the items sold at Hot Topic?
Studded belts, bright-colored hair dye and all sorts of fandom-adjacent jewelry are sold at Hot Topic.
When did Hot Topic acquire Her Universe?
Ultimately those losses were cause to think bigger, not smaller. In 2012, Hot Topic began a partnership with Her Universe, a women’s wear company for “fangirls,” then acquired it in 2016.
When did Hot Topic start selling t-shirts?
Hot Topic’s wholesale catering to fans likely began around 2004, said Ed Labay, the vice president of merchandise. That was the year “Napoleon Dynamite” became a cultural phenomenon — Hot Topic’s “Vote for Pedro” T-shirts flew off the shelves — and when, Mr. Labay said, “we really started to see these pop culture moments hit in a much bigger way than I think they ever had before.”
What is hot topic?
www.hottopic.com. Hot Topic (stylized as HOT TOPIC) is a retail chain specializing in counterculture -related clothing and accessories, as well as licensed music. The stores are aimed towards an audience interested in rock music and video gaming, and most of their audience ranges from teens to young adults.
When did Hot Topic start?
History. The first Hot Topic store was opened in November 1989 in Montclair Plaza, Montclair, California, by Orv Madden, a former executive at The Children's Place, who retired as CEO in 2000 and was replaced by Betsy McLaughlin, who headed the company until 2011.
When did Hot Topic open in Canada?
In August 2010, Hot Topic opened two new stores in Canada, which also marked the chain's first two international outlets. The first store opened on August 11 at Square One Shopping Centre in Mississauga, Ontario, and then at Scarborough Town Centre in Toronto, Ontario the following day. The company has since also opened additional Canadian locations as well as locations in Puerto Rico .
Is Hot Topic still under the same umbrella?
While still under the same parent umbrella as Hot Topic, in 2015 the company branched off to become Torrid, LLC. In 2008, Hot Topic launched ShockHound, an online retailer and social networking music site. In March 2011, Hot Topic made a public statement announcing the shutdown of ShockHound.
