The end of an era or is it? Do you think Spirit Halloween can return Hot Topic to its roots?
Spirit Halloween’s parent company, Spencer Spirit Holdings, announced Thursday it will buy Hot Topic and two other stores owned by private equity firm Sycamore Partners, according to a press release. Spencer Spirit is paying around $350 million for Hot Topic Inc., according to Bloomberg, which includes Hot Topic, pop-culture trinket trove BoxLunch, and fashion brand Her Universe.
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