by Johnnyonthespot on February 22nd, 2008

Johnnyonthespot

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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?

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  • by This Daley has a new bundle of joy on February 22nd, 2008

    This Daley has a new  bundle of joy

    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.

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  • by APACHEmeansENEMY on February 22nd, 2008

    APACHEmeansENEMY

    Doesn't suprise me..i mean..what did you expect?? Its a shopping mall CHAIN!

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  • by Chris the other white meat on February 22nd, 2008

    Chris the other white meat

    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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