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The Independent UK
The Independent UK
Business
J.R. Duren

Spirit Halloween’s parent company buys Hot Topic

Spirit Halloween’s parent company is snapping up a store known for its rock-and-roll vibe and pop culture savvy.

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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