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HOT TOPIC, BOXEDLUNCH AND HER UNIVERSE SOLD TO SPENCERS SPIRIT HOLDINGS 🖤🎃 If you're a fan of the stores Hot Topic or Box Lunch, they're about to have a new ownership group and this one's kind of interesting! Spencer Spirit Holdings, purchase Hot Topic, sister brands Her Universe and Box Lunch. In case you didn't know, they already own Spirit Halloween and Spirit Halloween and a new emerging concept, Spirit Christmas. Here's the interesting part. Hot Topic was purchased in 2013 by Sycamore Partners, a private equity firm, for $650 million. Now, over a decade later, it's going to be freed of private equity ownership by being bought out by Spencers! It's very rare that you see brands reverse course and exit out of private equity ownership, so this one's definitely unique! It wouldn't be without covering the political giving of Spencer's Spirit Holdings. Now, they do politics as a company. However, their overwhelmingly supports the Democratic platform! Which isn't too, if you've ever been into Spencer's, they are very progressive in what they sell!