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Help answer this question below.
Unless something has changed very recently, Hot Topic is not owned by the Gap. It is owned by Hot Topic, Inc. and is traded on the stock exchange as HOTT as it's own corporation (also includes Torrent stores).
Gap, Inc owns Gap, Old Navy, Banana Republic and some shoe store I have never heard of, lime something. Gap is traded on the stock exchange as GPS.
Gap, Inc MAY OWN a percentage of Hot Topic, Inc's SHARES, but "Gap" does not "own" Hot Topic.
This has been a ridiculous urban myth floating around for at least a couple of years and you have just fallen prey to it. Is THAT "gut busting funny"?
In addition to which, so what if they DID own it? 30+ years ago Gap was not trendy and for the masses, it was "hip and edgy and fresh" - Hot Topic will be seen as common place in a few years, too. Diversifying brands is a strategy, just like diversifying a stock portfolio.
Doesn't suprise me..i mean..what did you expect?? Its a shopping mall CHAIN!
I think its funny especially that the people who shop at Hot topic are probably the most anti gap consumer on the market.
I find it gut busting funny that hot topic is NOT owned by the Gap and you think it is, and embarrassed yourself by asking this question - revealing just how smart you may be...
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You're reading Does anybody find it just gut busting funny that hot topic is owned by the gap? Serously, what could be more insulting that walking into a store and saying "your owned by the gap" and walking out?
Comments
"Hot Topic" is the new Spencer Gifts flash in the pan. :o)
by Wide Awake @ has closing date woo hoo on February 22nd, 2008
lol....ahh yes... Spencer gifts. It was both cool and embarrassing to go in there as a kid :o) From slinkys to sex toys, they had it all...
by This Daley has a new bundle of joy on February 22nd, 2008
Nice! and even if the Gap did own Hot Topic why is it so funny, more power to them for reaching out to a greater population-I think :)
by Bruja. on February 22nd, 2008
I completely agree with you Bruja. I think the person asking was going for the shock value and also, I think, pointing out that the employees and people who shop at Hot Topic wouldn't be caught dead at the Gap. Like refusing to shop at the same store as your mom. But I know may people who go to Gap for basics like tee shirts and have no problem browsing in a shop like Hot Topic for accessories.
by This Daley has a new bundle of joy on February 22nd, 2008
I have no problem browsing through ANYWHERE to shop for basics! Well, as long as it fits my budget! :D
by Bruja. on February 22nd, 2008
Well when you find a tee with a nice fit that doesn't shrink and is affordable, let me know :o)
by This Daley has a new bundle of joy on February 22nd, 2008
Sure will! XD
by Bruja. on February 22nd, 2008