CITY OF INDUSTRY, Calif., Jul 19, 2012 (BUSINESS WIRE) –
Hot Topic, Inc. (nasdaq global select market:HOTT) announced today that
Kate Horton has joined the company as Vice President, General
Merchandise Manager for its Torrid division, which retails on-trend
fashion apparel, lingerie and accessories for young, voluptuous women
who wear sizes 12 and up.
Reporting to Hot Topic, Inc. Chairman and CEO Lisa Harper, Ms. Horton
will drive the merchandising strategy for Torrid, leading a team of
merchants to develop an assortment of fashion apparel that is reflective
of the brand’s position, is enticing to consumers, and drives sales and
profit margins.
“Over the last year we have developed what we believe to be a compelling
and well-differentiated position for the Torrid brand, in a niche market
that’s completely underserved by the women’s fashion retail industry,”
said Harper. “We are confident that Kate – with her broad merchandising
experience – will drive the strategy forward while we accelerate the
growth of the Torrid brand in the coming years.”
Ms. Horton has nearly two decades of experience in retail merchandising,
most recently as Vice President, Merchandising and Sourcing for Soma
Intimates’ Foundations Division. She has held a variety of merchandising
roles at companies including Robinsons-May, Fashion Forms, Felina
Lingerie and the Marmaxx Group.
“Achieving the proper fit – particularly in key categories like bras –
is critical to our business,” continued Harper. “Kate’s experience in
this area will be valuable as we continue to expand the lingerie
assortment at Torrid.
About Torrid
Torrid retails on-trend fashion apparel, lingerie and accessories
inspired by and designed to fit the young, voluptuous woman who wears
size 12 and up. Torrid fashion collections stimulate self-confidence and
encourage a woman to feel sultry and downright irresistible. Torrid has
171 stores in malls and strip centers across the country, and an online
store at
www.torrid.com .
You can find Torrid on Facebook
(facebook.com/Torrid)
Twitter
(twitter.com/torridfashion),
Pinterest
(pinterest.com/torridfashion/)
and YouTube
(youtube.com/TorridFashion).
About Hot Topic, Inc.
Hot Topic, Inc. is a mall and web based specialty retailer operating
the Hot Topic and Torrid concepts. Hot Topic offers music/pop
culture-licensed and music/pop culture-influenced apparel, accessories,
music and gift items for young men and women. Torrid offers apparel,
lingerie, shoes and accessories designed for various lifestyles for
young plus-size women. As of July 18, 2012, the company operated 620 Hot
Topic stores in all 50 states, Puerto Rico and Canada, 171 Torrid
stores, and Internet stores hottopic.com
and torrid.com.
SOURCE: Hot Topic, Inc.
Media Contact:
Hot Topic, Inc.
Jennifer Vides, Dir., Communications
626-839-4681 x 2970
JVides@Torrid.com
or
Investor Contacts:
Hot Topic, Inc.
Jim McGinty, CFO
626-839-4681 x2675
George Wehlitz, VP Finance
626-839-4681 x2174
Copyright Business Wire 2012
