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Hot Topic
built 659 days ago
Hot Topic (NASDAQ: HOTT) is an American chain store aimed at teenagers and young adults. It has over 690 chain stores across the United States and Puerto Rico, the majority of which are located in shopping malls. The first Hot Topic store was opened in 1988 by Orv Madden. The chain specializes in pop-culture-related fashion and merchandise, including clothing, books, comics, jewelry, CDs, records, posters and other paraphernalia. It caters to a number of youth-oriented "scenes," such as metal, punk, emo, goth, club, otaku and lounge, as well as a number of general and 1980s retro pop culture products including TNA Wrestling products. It has ... backed major concert festivals like Ozzfest and recently Sounds Of The Underground.
Hot Topic is a mall-based chain of retail stores that specializes in apparel, accessories, gifts, and music for teenagers. Walk into a store and the first thing you'll feel is energy. Energy from the music, energy from the merchandise, energy from the people. All of this is what makes Hot Topic different. The merchandise reflects a variety of music related lifestyles, which include street wear, retro influenced lounge, punk, club, and gothic. Add to that the wide selection of unique gifts and unusual accessories and you have it: Hot Topic is like no other store in the mall..
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Hot Topic stores have several lines of private-label merchandise to complement and supplement existing product offerings. The Company's brands include Morbid Metals (body jewelry) and Morbid Threads (men's and women's apparel and hosiery). Some shoes are ... sold under the Hot Topic label.
Hot Topic ... has those gifts you can't find anywhere else. Whether you want a journal, an Invader Zim plush, a Grumpy Bear inflatable chair for your room, candles, a Simpsons Auto Sun Shade for your car, the latest issue of your favorite music magazine, or collectible action figures, it's all here!
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The Hot Topic session continued with Jeffrey Dover, MD presenting a new very low energy, no downtime* protocol for patients looking for a simple procedure offering improvement. An initial pilot study on this technique using Portrait® Plasma was completed by Eric Bernstein, MD, Director of the Laser Surgery and Cosmetic Dermatology Centers, Inc. and presented at the American Academy of Dermatology in February 2007. The results of his study with 3 treatments 3 weeks apart showed improvements in skin tone, texture, fine lines, and pigmentary alterations. An additional multi-center study -- with Dr. Bernstein, Drs. Dover and Kenneth Arndt, of SkinCare Physicians of Chestnut Hill, MA and Dr. Roy Geronemus of the Laser Skin & Surgery Center of New York -- is nearing completion that evaluates this very low energy plasma treatment with 6 treatments 3 weeks apart. At 30 days following the last treatment, patients assessed their personal results as showing good improvement for overall skin quality and very little or no downtime following the procedure.
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Hot Topic Inc. reported sales results for the month, fourth quarter and full year ended February 2, 2008. For the month, the company reported total sales of $41.2 million, a decrease of 23.7% from the same period last year. Comparable Store sales for the month decreased 3.6%. For the fourth quarter, the company reported total sales of $220.5 million, a decrease of 8.3% from the same quarter last year. Comparable Store sales for the quarter decreased 6.3%. For the year, the company reported total sales of $728 million, a decrease of 3.1% from the same period last year.
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