Company Reports Second Quarter Non-GAAP Diluted EPS of $0.07 Company Reports Revenue Increase of $3.3 Million to $12.8 Million for First Six Months of 2015 Subsequent Events include: Company Completed Equity Offering of $16.0 Million Company Completed Acquisition of C. Wonder Brand NEW YORK, Aug.
NEW YORK, Aug. 6, 2015 (GLOBE NEWSWIRE) -- Xcel Brands, Inc. (NASDAQ:XELB) ("Xcel" or the "Company"), a brand development and media company, announced today that it has closed the previously announced acquisition of the C. Wonder brand including the C. Wonder and C.
NEW YORK, July 17, 2015 (GLOBE NEWSWIRE) -- Xcel Brands, Inc. (OTCQX:XELB) ("Xcel" or the "Company"), a brand development and media company, announced today that it has entered into a definitive agreement to acquire the C. Wonder brand, consisting of the "C.
NEW YORK, June 3, 2015 (GLOBE NEWSWIRE) -- Xcel Brands, Inc. (OTCQB:XELB) announced today the appointment of Michael Francis to its Board of Directors. Robert D'Loren, Chairman and Chief Executive Officer, Xcel Brands, Inc. said, "We are thrilled to have Michael Francis join our Board of Directors.
NEW YORK, April 13, 2015 (GLOBE NEWSWIRE) -- Xcel Brands, Inc. (OTCQB:XELB) announced today Isaac Mizrahi will team with 1-800-Flowers.com to offer a collection of beautiful and unique floral arrangements, plants and gifts, featuring Mizrahi's signature colorful style.
Total revenue increased 57% to $20.7 million compared with $13.2 million in the prior year. Adjusted EBITDA increased 69% to $7.0 million compared with $4.2 million in the prior year. Non-GAAP net income increased 50% to $5.2 million, or non-GAAP diluted EPS of $0.40, compared with $3.4 million, or
NEW YORK, Jan. 30, 2015 (GLOBE NEWSWIRE) -- Xcel Brands, Inc. (OTCQB:XELB) has signed an exclusive license with True Cosmetics, LLC. This agreement will provide True Cosmetics the license to develop, manufacture and distribute skincare and cosmetics under the TRUE Isaac Mizrahi label.
NEW YORK, Dec. 23, 2014 (GLOBE NEWSWIRE) -- Xcel Brands, Inc. (OTCQX:XELB) ("Xcel" or the "Company"), an omnichannel brand management company, announced today that it has acquired two brands, H by Halston and H Halston, from Halston's intellectual property holding company for approximately $27.7