Successful restructuring plan transforms Xcel Brands into a modern, asset light consumer products and livestream/social commerce platform, realizing $13 million in annualized cost savings. Executed Master licenses for Judith Ripka, Halston and C Wonder brands with Jewelry TV (JTV), G-III Apparel
Virtual presentation on Thursday, August 17, 2023, at 1:45 PM ET NEW YORK , Aug. 09, 2023 (GLOBE NEWSWIRE) -- Xcel Brands, Inc. (NASDAQ: XELB) (“Xcel” or the “Company”), a media and consumer products company with over $4 billion in retail sales generated by its brands through livestreaming alone
Conference call scheduled for 5:00 p.m. ET on August 10, 2023 NEW YORK , Aug. 08, 2023 (GLOBE NEWSWIRE) -- Xcel Brands, Inc. (NASDAQ: XELB) (“Xcel” or the “Company”), media and consumer products company with over $4 billion in retail sales under its brands and 10,000 hours
NEW YORK , June 29, 2023 (GLOBE NEWSWIRE) -- Xcel Brands, Inc. (NASDAQ: XELB) (“Xcel” or the “Company”), a media and consumer products company with over $4 billion in retail sales generated by its brands through livestreaming alone and over 10,000 hours of show programming time, today announced
Virtual presentation on Thursday, June 15, 2023, at 1:45 PM ET NEW YORK , June 12, 2023 (GLOBE NEWSWIRE) -- Xcel Brands, Inc. (NASDAQ: XELB) (“Xcel” or the “Company”), a media and consumer products company with over $4 billion in retail sales generated by its brands through livestreaming alone and
NEW YORK --(BUSINESS WIRE)--Jun. 6, 2023-- Xcel Brands, Inc. (NASDAQ: XELB), a media and consumer products company, today announced a master licensing partnership with G-III Apparel Group, Ltd. (NASDAQGS: GIII), a global expert in design, sourcing, distribution and marketing.
Company announces completion of its strategic transformation plan to shift its business model from a wholesale/production model to a modern, asset-light and highly profitable media and consumer products business model, resulting in approximately $13 million in annual cost savings.
Conference call scheduled for 5:00 p.m. ET on May 18, 2023 NEW YORK , May 15, 2023 (GLOBE NEWSWIRE) -- Xcel Brands, Inc. (NASDAQ: XELB) (“Xcel” or the “Company”), media and consumer products company with over $4 billion in retail sales under its brands and 10,000 hours of livestream programming
Company provides update on strategic transformation to pursue live streaming and social commerce across all digital channels. Transition creates an asset light business model and is expected to produce over $10 million in operating cost savings on an annualized basis starting in Q2 2023.
Under new agreement, OJG will produce apparel items for C. Wonder by Christian Siriano NEW YORK --(BUSINESS WIRE)--Apr. 14, 2023-- Xcel Brands, Inc. (NASDAQ: XELB), a media and consumer products company with billions of dollars in retail sales through livestream shopping, today announced a