Hot Topic

Hot Topic, Inc.
Company typePrivate
Nasdaq: HOTT
IndustryRetail
FoundedOctober 1989; 35 years ago (1989-10)
Montclair Plaza
Montclair, California, U.S.
FounderOrv Madden
HeadquartersCity of Industry, California, U.S.
Number of locations
675 (April 2020)[1]
Key people
Steve Vranes (CEO (2016–present)
Betsy McLaughlin (CEO) (2000–2011)
Bruce Quinell (chairman of the board)
Productsclothing, accessories, music, jewelry
RevenueIncrease US$741.8 million (FY 2013)[2]
Increase US$30.8 million (FY 2013)[3]
Increase US$19.5 million (FY 2013)[4]
Total assetsDecrease US$274.9 million (FY 2013)[5]
Total equityDecrease US$172.8 million (FY 2013)[6]
OwnerSycamore Partners
DivisionsBlackheart Lingerie
BoxLunch
Websitewww.hottopic.com

Hot Topic, Inc. 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.[7] The majority of the stores are located in regional shopping malls.[7]

  1. ^ Mejía, Paula (April 6, 2019). "Hot Topic Is Still Hot". The New York Times. Archived from the original on 2019-09-05. Retrieved 2019-09-14.
  2. ^ "A50590453.HTM". Archived from the original on 2023-08-16. Retrieved 2023-08-16.
  3. ^ "A50590453.HTM". Archived from the original on 2023-08-16. Retrieved 2023-08-16.
  4. ^ "A50590453.HTM". Archived from the original on 2023-08-16. Retrieved 2023-08-16.
  5. ^ "A50590453.HTM". Archived from the original on 2023-08-16. Retrieved 2023-08-16.
  6. ^ "A50590453.HTM". Archived from the original on 2023-08-16. Retrieved 2023-08-16.
  7. ^ a b "Hot Topic Annual Report 2007" (PDF). Hot Topic, Inc. 2008-04-28. Archived (PDF) from the original on 2016-03-03. Retrieved 2008-12-09.