Hot Topic
Hot Topic, Inc. (stylized as HOT TOPIC) is an American fast-fashion company 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. Approximately 40% of Hot Topic's revenue comes from sales of licensed band T-shirts. Hot Topic often negotiates exclusive licensing arrangements with musical artists, movie studios, and graphic artists. The majority of the stores are located in regional shopping malls.
| Company type | Private |
|---|---|
| Nasdaq: HOTT until 2013 | |
| Industry | Retail |
| Founded | October 1989 Montclair Plaza Montclair, California, U.S. |
| Founder | Orv Madden |
| Headquarters | City of Industry, California, U.S. |
Number of locations | 675 (April 2020) |
Key people | Steve Vranes, CEO (2016–present) Betsy McLaughlin, CEO (2000–2011) Bruce Quinell, Chairman of the Board |
| Products | clothing, accessories, music, jewelry |
| Revenue | US$741.8 million (FY 2013) |
| US$30.8 million (FY 2013) | |
| US$19.5 million (FY 2013) | |
| Total assets | US$274.9 million (FY 2013) |
| Total equity | US$172.8 million (FY 2013) |
| Owner | Sycamore Partners |
| Divisions | Blackheart Lingerie BoxLunch |
| Website | www.hottopic.com |
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