Who is the CEO of Hot Topic?

Who is the CEO of Hot Topic?

Steve Vranes (2016–)
Hot Topic/CEO

Steve Vranes, the C.E.O. of Hot Topic since June 2016, said that he had watched the company’s evolution “from afar” through his work in retail before he joined the company.

Who founded Hot Topic?

Orval Madden
Hot Topic/Founders

Does hot topic still exist?

Hot Topic may have peaked in the 90s, but the teen accessories and clothing retailer is still thriving, selling merchandise from practically every fandom and obsession under the sun. The chain has over 670 stores across the U.S. and Canada, despite declining traffic in US malls with record vacancies.

How much do HOT TOPIC employees make?

Hot Topic, Inc. Jobs by Hourly Rate

Job Title Range Average
Sales Associate Range:$7 – $12 Average:$9
Key Holder Range:$8 – $15 Average:$11
Assistant Store Manager Range:$9 – $17 Average:$12
Keyholder Range:$8 – $15 (Estimated *) Average:$10

How much does the CEO of HOT TOPIC make?

The average Hot Topic executive compensation is $210,806 a year. The median estimated compensation for executives at Hot Topic including base salary and bonus is $223,712, or $107 per hour. At Hot Topic, the most compensated executive makes $380,000, annually, and the lowest compensated makes $53,000.

Who owns Lane Bryant?

Bath & Body Works, Inc.
Ascena Retail GroupThe LimitedCharming ShoppesSycamore Partners
Lane Bryant/Parent organizations

How much is a hot topic franchise?

FRANCHISE FEES: The royalty is based on a siding scale—it starts out at 2 percent in the first year and ranges up to 8 percent in the fourth year. The franchise fee is $20,000 for a new franchise and $10,000 for an existing store. The advertising fee is 6 percent.

Is Hot Topic profitable?

Hot Topic’s annual revenues are over $500 million (see exact revenue data) and has over 1,000 employees. It is classified as operating in the Clothing Accessories Stores industry….Hot Topic Fast Facts.

Revenue Over $500 million See Exact Annual Revenue
Additional NAICS Codes 453 Miscellaneous Store Retailers

Who is the CEO of hot topic?

Betsy McLaughlin, the CEO of Hot Topic, says that fitting in is important for employees. Hot Topic tries to make all employees feel comfortable at the company so that they feel genuine friendship and belonging.

Who owns the Hot Topic retail chain?

Sycamore Partners is a private equity firm based in New York, which owns a number of retailers including Belk, Hot Topic, Staples, Talbots and Torrid.

Who was the founder of hot topic?

The Founding of Hot Topic: 1989 to 1994. Hot Topic was founded by Orv Madden in 1989, after the executive became aware of the marketing opportunities which had been created by MTV and other popular forms of alternative youth culture.

What are some stores like hot topic?

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