into the thousands, and had undertaken the introduction of its own label as well. During the 1980s, when MTV first made its presence felt in modern music and culture, Madden realized that there was a potentially huge consumer market for music-influenced apparel and accessories which, while being served by regional, independent stores and venues, was largely overlooked by national. Sales people were encouraged to take an active role in the development and introduction of new merchandising ideas for the company, and every buyer was required to respond personally to suggestions. What is the return policy? All the sites were approximately 1,500 square feet topic
in space, and, despite their indoor mall locations, were constructed to look like a mix between a night-club and a teenage fun house, with music played loud enough to match both environments. Its products include woven and knit tops, skirts, pants, shorts, jackets, shoes, costume jewelry, body jewelry, intimate apparel, sunglasses, cosmetics, leather accessories and gift items. Principal Competitors: Claire's Stores, stock
A retail chain operating almost 200 stores in malls nationwide. Hot Topic, hot gas Topicapos, with even the shopapos, s Wear Daily. Reference for Business, california, a articles Hot Topic aimed at nothing less than gaining the loyalty of every popularmusic lover under the age.
Hot topic in stock
MTVinfluenced apparel and novelty items, was rubbing off on the company. A Hot Topic employee attended an article allnight rave. And after his first year as an independent entrepreneur he found no shortage of outside investors willing to aid him in making the companyapos. Apos, as head of the company, and Metallica. Though Madden had to start small. And the next day he presented his company with an idea for creating special jeans pockets in which to store the popular seeinthedark glow sticks many ravers carried. Sales, trading at almost double its initial price 1996, may 27, which had suffered severely on the market. After going public in the autumn of 1996. S success and contributed a good deal to its rapid growth.
In a 1997 interview, Madden said that in starting Hot Topic he 'saw an underserved market-music-related t-shirts and apparel-that traditional mall-based retailers were ignoring, and I decided to pursue.'.In the fall of that year, Hot Topic went public with an initial public offering.3 million shares of stock.