Not hot. (Retail).Largely overlooked in the quarterly earnings increase by Hot Topic Inc. is the sharp decline in the men's wear line, which fell 20 percent during the third quarter ended Nov. 2 compared with the like year-earlier period. The chain, which has 419 Hot Topic stores and 27 Torrid stores for plus-sized teens, recorded an overall increase of 6.3 percent in same-store sales Same-store sales is a business term which refers to the revenue generated by one of a retail chain's specific outlets during a certain period of time (often a fiscal quarter or a particular shopping season), compared to an identical period in the past, usually in the previous year. . Betsy McLaughlin Betsy McLaughlin (Born 1962 in Orange County, California) is the current CEO of Hot Topic, Inc. and founder of Torrid. She originally graduated from University of California, Irvine. , president and chief executive of the City of Industry-based company, said that most of the weakness is in men's pants. "If you watch MTV MTV in full Music Television U.S. cable television network, established in 1980 to present videos of musicians and singers performing new rock music. MTV won a wide following among rock-music fans worldwide and greatly affected the popular-music business. or go to concerts, a very basic bottom is being worn (by men). There's not a lot of interest there," she said during a conference call with analysts. Staff reporter Deborah Deborah (dĕb`ōrə), in the Bible, prophetess and judge of Israel, the only woman to hold that office. Under her guidance Barak conquered Sisera and delivered Israel from the oppression of the Canaanite King Jabin. Belgum can be reached at (323) 549-5225 ext. 228, or at dbelgum@labusinessjournal.com. |
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