jewfro Posted March 12, 2013 Share Posted March 12, 2013 discuss Quote Link to comment Share on other sites More sharing options...
Guest Posted March 12, 2013 Share Posted March 12, 2013 Shoulda waited for double clearance... Quote Link to comment Share on other sites More sharing options...
maneatingcow Posted March 12, 2013 Share Posted March 12, 2013 Travis is now going to be a millionaire, right? Quote Link to comment Share on other sites More sharing options...
Satan Posted March 12, 2013 Share Posted March 12, 2013 as long as they continue to keep selling records, i could give a fuck less. Quote Link to comment Share on other sites More sharing options...
elgato48 Posted March 12, 2013 Share Posted March 12, 2013 Is hot cash excluded on this purchase killerofjoy605, tittus, hobohunter48 and 11 others 14 Quote Link to comment Share on other sites More sharing options...
Aych Posted March 12, 2013 Share Posted March 12, 2013 I'm not sure what to think about it yet. I don't know who previously owned the company, but the buyers (Sycamore Partners) do seem to have a pretty big deal going right now (they own an apparel manufacturing company as well, which probably means some of the HT clothing/accessories will be manufactured there to reduce costs). I missed all the news on their purchase of Talbot's last year, but that chain seems to be doing pretty alright. Also, if anyone owns any HT shares, Sycamore is offering $14 per share. I don't know anything about the stock market, but that's more than they were worth this past week. Quote Link to comment Share on other sites More sharing options...
GradedOnACurve Posted March 12, 2013 Share Posted March 12, 2013 http://www.latimes.com/business/money/la-fi-mo-hot-topic-sycamore-sale-20130307,0,2631876.story Quote Link to comment Share on other sites More sharing options...
Green Tea Papi Posted March 12, 2013 Share Posted March 12, 2013 Their clothes suck My local one doesn't even sell records hopeful this will be the death of scene kids Quote Link to comment Share on other sites More sharing options...
clh2285 Posted March 12, 2013 Share Posted March 12, 2013 Their clothes suck My local one doesn't even sell records hopeful this will be the death of scene kids Really Quote Link to comment Share on other sites More sharing options...
Green Tea Papi Posted March 12, 2013 Share Posted March 12, 2013 Really Yeah they used to sell records but when they switched stores fronts and redesigned their stores they got rid of them. I had the go the the mall the next town over to get Take This To Your Grave. Funny how when I start collecting they get rid of them. Quote Link to comment Share on other sites More sharing options...
Aych Posted March 12, 2013 Share Posted March 12, 2013 clh2285 and hideyourheart 2 Quote Link to comment Share on other sites More sharing options...
Shitty Rambo Posted March 12, 2013 Share Posted March 12, 2013 Scene kids from the early 2000s are becoming moms now. Gonna be weird to see young ladies in Nightmare Before Christmas hoodies breastfeeding their youngins inches away from me while I eagerly dig through beat copies of Matt Skiba And The Sekrets for the newest Joyce Manor record. jonnywreck and Green Tea Papi 2 Quote Link to comment Share on other sites More sharing options...
popscratch Posted March 12, 2013 Share Posted March 12, 2013 Is there any chance of them selling sweatpants now? 213041284s, thejesseb, idreamofpunk and 2 others 5 Quote Link to comment Share on other sites More sharing options...
astrangerwithcandy Posted March 12, 2013 Share Posted March 12, 2013 Is hot cash excluded on this purchase According to the Associated Press Hot Cash is primarily paying for this deal, however Hot Topic stated all it's vinyl commodities must be paid for through other means of currency. Additionally the deal must be brokered during an active Hot Cash time frame. Quote Link to comment Share on other sites More sharing options...
jhulud Posted March 12, 2013 Share Posted March 12, 2013 From that article: "Hot Topic also owns plus-size brand Torrid and is testing five lingerie stores called Blackheart." Great. Angst-ridden scene goth chicks in skimpy lacey undies. There's a joke in there somewhere. hobohunter48, killerofjoy605, Shitty Rambo and 2 others 5 Quote Link to comment Share on other sites More sharing options...
lonesomexloveus Posted March 12, 2013 Share Posted March 12, 2013 hey. even goth and scene kids need to get their sexy on. Shitty Rambo 1 Quote Link to comment Share on other sites More sharing options...
¯\_(ツ)_/¯ Posted March 12, 2013 Share Posted March 12, 2013 hey. even goth and scene kids need to get their sexy on. everything comes with an option, ball gag or rope Quote Link to comment Share on other sites More sharing options...
onefallenhero Posted March 12, 2013 Share Posted March 12, 2013 Hopefully this won't impact Travis. Quote Link to comment Share on other sites More sharing options...
firefoxUSSR Posted March 12, 2013 Share Posted March 12, 2013 Hopefully they can get some pull and get remixed/remastered material for their vinyl releases now :-) Quote Link to comment Share on other sites More sharing options...
thebiglebowski Posted March 12, 2013 Share Posted March 12, 2013 I'm not sure what to think about it yet. I don't know who previously owned the company, but the buyers (Sycamore Partners) do seem to have a pretty big deal going right now (they own an apparel manufacturing company as well, which probably means some of the HT clothing/accessories will be manufactured there to reduce costs). I missed all the news on their purchase of Talbot's last year, but that chain seems to be doing pretty alright. Also, if anyone owns any HT shares, Sycamore is offering $14 per share. I don't know anything about the stock market, but that's more than they were worth this past week. You can get it for $13.84 right now but the time to buy is essentially gone 2 seconds after the announcement is made the way the market works today. And the announcement was made after-hours on March 6th, so by the time it opens on March 7th, the price is up. It's a guaranteed, what, 1%? I have no idea how long it takes to get the money, though. Probably not worth it. I have other stuff I like with much more upside. Quote Link to comment Share on other sites More sharing options...
thebiglebowski Posted March 12, 2013 Share Posted March 12, 2013 I don't know if Travis has company stock but if he did, whatever he had is worth about 30% more than it was a week ago. Nice! Quote Link to comment Share on other sites More sharing options...
Shitty Rambo Posted March 12, 2013 Share Posted March 12, 2013 From that article: "Hot Topic also owns plus-size brand Torrid and is testing five lingerie stores called Blackheart." Great. Angst-ridden scene goth chicks in skimpy lacey undies. There's a joke in there somewhere. hey. even goth and scene kids need to get their sexy on. More suicide girls! Everyone wins... Except their fathers. Who probably aren't present in their lives. ronniegwilliams, BuzzersonKillwell, firefoxUSSR and 3 others 6 Quote Link to comment Share on other sites More sharing options...
collectivemike Posted March 12, 2013 Share Posted March 12, 2013 Hopefully they can get some pull and get remixed/remastered material for their vinyl releases now :-) Keep dreaming! That'd just cut into the bottom line. firefoxUSSR 1 Quote Link to comment Share on other sites More sharing options...
noodle Posted March 12, 2013 Share Posted March 12, 2013 Travis - can you post a list of stores, please? Quote Link to comment Share on other sites More sharing options...
kforkevin777 Posted March 12, 2013 Share Posted March 12, 2013 More suicide girls! Everyone wins... Except their fathers. Who probably aren't present in their lives. This made me laugh. But yes, more SuicideGirls is never a bad thing! However, I think the creepy goth girl thing is a thing of the past. Most girls who regularly shop at Hot Topic now are slutty scene girls with bright pink hair and flamboyant shirts. So I guess the Blackheart thing works in HT's favor. Not that all girls with bright pink hair are band sluts. Quote Link to comment Share on other sites More sharing options...
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