Ownership profile
Who owns Torrid?
Torrid is publicly traded on the NYSE under the ticker CURV, but private equity firm Sycamore Partners retains a controlling majority stake of approximately 70.67%, meaning it effectively controls the company despite its public listing.
Ownership profile
Torrid
Torrid Holdings Inc. (NYSE: CURV)
Evidence (12)
Torrid Holdings Inc. is listed on the New York Stock Exchange under the ticker symbol CURV
https://www.etoro.com/markets/curvTorrid Holdings Inc. continues to actively trade on the NYSE as of June 2026, with recent earnings calls and quarterly results reported
https://www.stocktitan.net/news/CURV/Torrid began as a subsidiary of Hot Topic, Inc. in April 2001, with the first store opening in the Brea Mall in Brea, California
https://en.wikipedia.org/wiki/Torrid_(clothing_retailer)Torrid Holdings Inc. is incorporated in Delaware (CIK: 1792781) and classified under SIC code 5600 (Apparel & Accessory Stores)
http://pdf.secdatabase.com/2963/0000905148-25-004073.pdfSycamore Partners Torrid, L.L.C. filed a Schedule 13G/A with the SEC disclosing beneficial ownership of 73,976,602 shares, representing 70.67% of Torrid Holdings Inc. as of September 30, 2024
https://www.sec.gov/Archives/edgar/data/0001792781/000119312524257519/d832823dsc13ga.htmTorrid Holdings went public on the NYSE on July 1, 2021, raising $231 million at a $2.3 billion valuation
https://www.forex.com/en/news-and-analysis/torrid-ipo-everything-you-need-to-know-about-torrid/Sycamore Partners acquired Torrid's then-parent Hot Topic in 2013 for approximately $600 million, transferring Torrid ownership to Sycamore
https://matrixbcg.com/blogs/owners/torridTorrid was reorganized as Torrid Holdings Inc. in 2019, enabling standalone operations and future public-market activity
https://matrixbcg.com/blogs/owners/torridIn 2015, Torrid branched off from Hot Topic (while still owned by Sycamore Partners) to become Torrid, LLC as a standalone entity
https://en.wikipedia.org/wiki/Torrid_(clothing_retailer)Sycamore Partners' board representation ensures the private equity perspective remains paramount in major decisions, including capital allocation and long-term strategy
https://www.dcfmodeling.com/blogs/history/curv-history-mission-ownershipSycamore Partners Management, L.P. holds approximately 70.62% of Torrid's shares, making it the largest stakeholder with substantial influence over the company
https://businessgoalmag.com/who-owns-torrid-sycamore-partners-lead-shareholder/As of early 2025, other significant institutional shareholders include BlackRock, The Vanguard Group, and other asset management firms, per SEC filings
https://swottemplate.com/blogs/owners/torrid-ownersWhat's uncertain
- Sycamore Partners' most recent confirmed SEC-filed stake is 70.67% as of September 30, 2024; the exact current percentage may have shifted slightly due to share repurchases or secondary offerings reported in 2025–2026.
- Torrid is technically a publicly traded company (NYSE: CURV), but Sycamore Partners' majority stake means it operates under effective PE control — the structure is therefore a hybrid of 'public' and 'controlled by PE'.
- The Fandom wiki source (index 4) incorrectly attributes Hot Topic ownership to 'AEON Group'; all other credible sources identify Sycamore Partners as the acquirer. That claim was disregarded.
- No privacy policy or terms of service data controller review was conducted due to search budget constraints; legal entity confirmed via SEC EDGAR filings instead.