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
JTV to Sell Judith Ripka Jewelry Through Its Live TV Broadcasts and on JTV.com 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, and JTV ® , the national jewelry
Company continues to expand it’s linear T.V. and digital livestreaming platforms adding Ken Downing and Christian Siriano to its on-air talent roster. Revenues of $4.5 million for the quarter ended September 30, 2022 ; $21.7 million on a year-to-date basis Third quarter net loss of $4.0 million ,
Conference call scheduled for 10:00 a.m. ET on November 15, 2022 NEW YORK , Nov. 09, 2022 (GLOBE NEWSWIRE) -- Xcel Brands, Inc. (NASDAQ: XELB) (“Xcel” or the “Company”), a media and consumer products company, today announced that it will report its third quarter 2022 financial results on November
Acclaimed American Fashion Designer Named Creative Director of New Brand Launching in Spring ’23 Mr. Siriano’s Appointment Builds on Xcel’s Strategy to Connect Vibrant Personalities Directly with Consumers in Its Live-Selling Ecosystem NEW YORK --(BUSINESS WIRE)--Sep. 16, 2022-- Xcel Brands, Inc.
Second quarter GAAP net income of $9.5 million , or $0.48 per diluted share Second quarter non-GAAP net loss of $3.6 million , or $(0.18) per diluted share During the quarter, Xcel sold a majority interest in its Isaac Mizrahi brand and entered into a joint venture and management agreement with the