What better place to get the news from than Carles and Hipster Runoff?:

On Wednesday, the company reported disappointing first-quarter preliminary results and said it expected problems with its debt, sending its shares plummeting 41% to its lowest price in more than a year. It also declined to provide a financial outlook for the year because of continued uncertainty about its business.

If anybody’s looking to open a global chain of retail outlets with sparse decor, mirrors everywhere and a leftover stack of Vice magazines, it sounds like there will soon be a surplus of inventory in places like Silver Lake, Williamsburg, SF, Austin, and every other hipster enclave in the quasi-free world.