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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 Inc.; Gadzooks, Inc.; Pacific Sunwear of California, Inc.; Urban Outfitters, Inc. Website Terms, Privacy Policy, and, licensing Terms. Despite this period of rockiness, however, Hot Topic soon recovered, and that year saw an 85 percent increase in its overall revenue compared to the company's previous year. Logos and apparel inspired by such controversial bands as Marilyn Manson and Nine Inch Nails were actively promoted by the company; cosmetics of strange hues and even more eccentric names were prominently displayed next to jewelry meant to go anywhere but one's ear lobes; and. 1999: Hot Topic hits sales of over 100 million. Madden, in speaking of his store lay-out, said in an interview that 'Our target consumers are kids 12 to 22 years old. Where is the company located? However, despite the company's drastic increase in sales and steady expansion, it suffered a slight set back on the market during the summer of 1997. In a 1997 interview with. The retailer went public in 1996 and has a goal of opening 500 stores before the year 2010. Additional Details, public Company, incorporated: 1989, employees: 1,653. A native of Alton, Iowa, Madden earned his MBA from the prestigious University of Chicago and eventually earned a position as vice-president of the Federated Department Stores' Children's Place and Accessory Place divisions, a title he held for six years.

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.

The company was founded in 1988 and is headquartered in City of Industry,.

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(nasdaq: hott) is a mall.