Xcel Brands, Inc., together with its subsidiaries, operates as a media and consumer products company in the United States. The company designs, produces, markets, wholesales, and sells branded apparel, footwear, accessories, jewelry, home goods, and other consumer products; and acquires consumer lifestyle brands, including the Isaac Mizrahi, the Judith Ripka, the Halston Brand, the, the C Wonder, the Lori Goldstein, and other brands. It licenses its brands to third parties; and provides design, production, and marketing services for promotion and distribution through a ubiquitous-channel retail sales strategy, including distribution through interactive television, the internet, and traditional brick-and-mortar retail channels. The company also offers live streaming, social media and other marketing, and public relations support for its brands. In addition, it markets the Mizrahi brand through www.isaacmizrahi.com; the Halston brand through www.halston.com; the Judith Ripka fine jewelry brand through www.judithripka.com; the C Wonder brand through www.cwonder.com; the Logo Lori Goldstein brand through www.lorigoldstein.com; and the Longaberger brand through www.longaberger.com. Xcel Brands, Inc. is headquartered in New York, New York.
IPO Year:
Exchange: NASDAQ
Website: xcelbrands.com
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NEW YORK, April 22, 2024 (GLOBE NEWSWIRE) -- Longaberger and Crayola are excited to introduce a new partnership and the launch of their home accessory collection. The collection features vibrant, fun designs that embody the spirit of creativity. This collection will launch exclusively on Longaberger.com. Tailored for spring and year-round happiness, this new collection introduces four captivating baskets in multiple colorways. Elevating our basket designs through creative expression creates a selection perfect for collectors—Crayola and Longaberger lovers alike. Each basket features distinct Crayola characteristics, iconic Crayola colors, and hand-woven craftmanship. "We are thri
Appointment Represents Next Step for Halston as a Driving Force in Xcel's Creation of a Live-Selling Ecosystem that Enables Its Brands to Connect Directly with Consumers Xcel Brands, Inc. (NASDAQ:XELB), a media and consumer products company with unparalleled expertise in livestream shopping, today announced that it has appointed Ken Downing as Creative Director of the Halston brand, effective August 1, 2022. Widely known for his tenure as the visionary fashion director of Neiman Marcus, Downing will oversee the evolution of Halston in his new role and serve as the public face and voice of the brand, including through hosting Halston livestream sessions over all screens. "This appointment
NEW YORK, Aug. 12, 2024 (GLOBE NEWSWIRE) -- Xcel Brands, Inc. (NASDAQ:XELB) ("Xcel" or the "Company") today announced that it will report its second quarter 2024 financial results on August 14, 2024. The Company will hold a conference call with the investment community on August 14, 2024, at 9:30 a.m. ET. A webcast of the conference call will be available live on the Investor Relations section of Xcel's website at https://xcelbrands.co/pages/events-and-presentations or directly at https://edge.media-server.com/mmc/p/ak4caro7. Interested parties unable to access the conference call via the webcast may dial 800-715-9871 or 646-307-1963 and use the Conference ID 7639516. A replay of the web
NEW YORK, May 16, 2024 (GLOBE NEWSWIRE) -- Xcel Brands, Inc. (NASDAQ:XELB) ("Xcel" or the "Company"), today announced that it will report its first quarter 2024 financial results on May 20, 2024. The Company will hold a conference call with the investment community on May 20, 2024, at 5:00 p.m. ET. A webcast of the conference call will be available live on the Investor Relations section of Xcel's website at https://xcelbrands.co/pages/events-and-presentations or directly at https://edge.media-server.com/mmc/p/r52mtx59. Interested parties unable to access the conference call via the webcast may dial 800-715-9871 or 646-307-1963 and use the Conference ID 3975904. A replay of the webcast wi
GAAP net loss of $6.8 million for the quarter, compared with GAAP net loss of $6.0 million in the prior year quarter.Adjusted EBITDA of ($1.2) million for the quarter, compared with Adjusted EBITDA of ($5.9) million for the prior year quarter, an improvement of $4.7 million.GAAP net loss of $21.1 million for the current year, compared with GAAP net loss of $4.0 million in the prior year, which included a $20.6 million gain on the sale of a majority interest in the Isaac Mizrahi brand.Adjusted EBITDA of ($5.7) million for the year, compared with Adjusted EBITDA of ($12.5) million for the prior year, an improvement of $6.8 million. NEW YORK, April 16, 2024 (GLOBE NEWSWIRE) -- Xcel Brands,
NEW YORK, April 15, 2024 (GLOBE NEWSWIRE) -- Xcel Brands, Inc. (NASDAQ:XELB) ("Xcel" or the "Company"), today announced that it will report its fourth quarter and fiscal year 2023 financial results on April 16, 2024. The Company will hold a conference call with the investment community on April 16, 2024, at 5:00 p.m. ET. A webcast of the conference call will be available live on the Investor Relations section of Xcel's website at https://xcelbrands.co/pages/events-and-presentations or directly at https://edge.media-server.com/mmc/p/6fnws5vh Interested parties unable to access the conference call via the webcast may dial 800-715-9871 or 646-307-1963 and use the Conference ID 1258246. A r
ORLANDO, FL / ACCESSWIRE / January 12, 2024 / RedChip Companies will air interviews with Xcel Brands, Inc. (NASDAQ:XELB) and ASP Isotopes, Inc. (NASDAQ:ASPI) on The RedChip Small Stocks Big Money® Show, a sponsored program on Bloomberg TV, this Saturday, January 13, at 7 p.m. Eastern Time (ET). Bloomberg TV is available in an estimated 73 million homes across the U.S.Access the interviews in their entirety at:Xcel Brands: https://www.redchip.com/assets/access/xelb_accessASP Isotopes: https://www.redchip.com/assets/access/aspi_accessIn an exclusive interview, Robert D'Loren, Chairman and CEO of Xcel Brands, appears on the RedChip Small Stocks Big Money® Show on Bloomberg TV to provide a corpo
Entered into licensing agreements for the Company's Longaberger eCommerce business and made in the US baskets in November 2023, thereby completing the previously disclosed restructuring plan to exit all operating businesses. Licensing revenues of $2.6 million for the quarter, an increase of $0.2 million as compared to the quarter ended June 30, 2023.GAAP net loss of $5.1 million for the quarter, compared with GAAP net loss of $4.0 million in the prior year quarter.Adjusted EBITDA of ($1.4) million for the quarter, compared with Adjusted EBITDA of ($2.9) million for the prior year quarter. NEW YORK, Nov. 20, 2023 (GLOBE NEWSWIRE) -- Xcel Brands, Inc. (NASDAQ:XELB) ("Xcel" or the "Company"
NEW YORK, Nov. 15, 2023 (GLOBE NEWSWIRE) -- Xcel Brands, Inc. (NASDAQ:XELB) ("Xcel" or the "Company"), a media and consumer products company with billions of dollars in retail sales generated by its brands through social commerce and live-stream shopping, today announced that it will report its third quarter 2023 financial results on November 20, 2023. The Company will hold a conference call with the investment community on November 20, 2023, at 5:00 p.m. ET. A webcast of the conference call will be available live on the Investor Relations section of Xcel's website at https://xcelbrands.co/pages/events-and-presentations or directly at https://edge.media-server.com/mmc/p/8zxctvoi. Interes
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 Group and One Jeanswear Group, respectively.Revenues of $6.8 million for the quarter, an increase of $0.7 million (+12.1%) and $2.7 million (+66.8%) as compared to the quarters ended March 31, 2023, and December 31, 2022, respectively.GAAP net loss of $3.5 million for the quarter, compared with GAAP net loss of $5.6 million and $6.0 million in the quarters ended March 31, 2023, and December 31, 2022,
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 of livestream programming time, today announced that it will report its second quarter 2023 financial results on August 10, 2023. The Company will hold a conference call with the investment community on August 10, 2023, at 5:00 p.m. ET. A webcast of the conference call will be available live on the Investor Relations section of Xcel's website at https://xcelbrands.co/pages/events-and-presentations
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.Company announces major new Halston licensing agreement, which will provide upfront cash payment in the second quarter 2023, and future guaranteed minimum royalties and significant minimum net sale requirements.Revenues for the quarter ended March 31, 2023, were $6.1 million, up from $4.1 million in the immediately-preceding quarter ended December 31, 2022. NEW YORK, May 18, 2023 (GLOBE NEWSWIRE) -- Xcel Brands,
Net income of $0.2 million for the quarter compared with a net loss of $3.5 million for the prior year quarter, which included a $3.8 million gain on the divestiture of the Lori Goldstein brand.Net licensing revenues grew 16% from the second quarter of 2023, driven by new licenses and new brand launches.Direct Operating Costs and Expenses of $3.1 million for the quarter, a reduction of $2.1 million or 40% from the prior year's quarter.Adjusted EBITDA for the quarter approaches break-even for the quarter, compared with Adjusted EBITDA of negative $1.3 million for the prior year quarter. NEW YORK, Aug. 14, 2024 (GLOBE NEWSWIRE) -- Xcel Brands, Inc. (NASDAQ:XELB) ("Xcel" or the "Company"), a
NEW YORK, Aug. 12, 2024 (GLOBE NEWSWIRE) -- Xcel Brands, Inc. (NASDAQ:XELB) ("Xcel" or the "Company") today announced that it will report its second quarter 2024 financial results on August 14, 2024. The Company will hold a conference call with the investment community on August 14, 2024, at 9:30 a.m. ET. A webcast of the conference call will be available live on the Investor Relations section of Xcel's website at https://xcelbrands.co/pages/events-and-presentations or directly at https://edge.media-server.com/mmc/p/ak4caro7. Interested parties unable to access the conference call via the webcast may dial 800-715-9871 or 646-307-1963 and use the Conference ID 7639516. A replay of the web
Net Licensing Revenues flat year-over-year at $2.2 million for the quarter.Direct Operating Costs and Expenses of $4.0 million for the quarter, a reduction of $3.0 million or 43% from the prior year quarter.GAAP net loss of $6.3 million for the quarter, compared with GAAP net loss of $6.0 million in the prior year quarter.Adjusted EBITDA of ($1.6) million for the quarter, compared with Adjusted EBITDA of ($3.0) million for the prior year quarter, an improvement of $1.4 million. NEW YORK, May 20, 2024 (GLOBE NEWSWIRE) -- Xcel Brands, Inc. (NASDAQ:XELB) ("Xcel" or the "Company"), a media and consumer products company with significant expertise in livestream shopping and social commerce, tod
NEW YORK, May 16, 2024 (GLOBE NEWSWIRE) -- Xcel Brands, Inc. (NASDAQ:XELB) ("Xcel" or the "Company"), today announced that it will report its first quarter 2024 financial results on May 20, 2024. The Company will hold a conference call with the investment community on May 20, 2024, at 5:00 p.m. ET. A webcast of the conference call will be available live on the Investor Relations section of Xcel's website at https://xcelbrands.co/pages/events-and-presentations or directly at https://edge.media-server.com/mmc/p/r52mtx59. Interested parties unable to access the conference call via the webcast may dial 800-715-9871 or 646-307-1963 and use the Conference ID 3975904. A replay of the webcast wi
NEW YORK, April 22, 2024 (GLOBE NEWSWIRE) -- Longaberger and Crayola are excited to introduce a new partnership and the launch of their home accessory collection. The collection features vibrant, fun designs that embody the spirit of creativity. This collection will launch exclusively on Longaberger.com. Tailored for spring and year-round happiness, this new collection introduces four captivating baskets in multiple colorways. Elevating our basket designs through creative expression creates a selection perfect for collectors—Crayola and Longaberger lovers alike. Each basket features distinct Crayola characteristics, iconic Crayola colors, and hand-woven craftmanship. "We are thri
GAAP net loss of $6.8 million for the quarter, compared with GAAP net loss of $6.0 million in the prior year quarter.Adjusted EBITDA of ($1.2) million for the quarter, compared with Adjusted EBITDA of ($5.9) million for the prior year quarter, an improvement of $4.7 million.GAAP net loss of $21.1 million for the current year, compared with GAAP net loss of $4.0 million in the prior year, which included a $20.6 million gain on the sale of a majority interest in the Isaac Mizrahi brand.Adjusted EBITDA of ($5.7) million for the year, compared with Adjusted EBITDA of ($12.5) million for the prior year, an improvement of $6.8 million. NEW YORK, April 16, 2024 (GLOBE NEWSWIRE) -- Xcel Brands,
NEW YORK, NY / ACCESSWIRE / April 16, 2024 / Xcel Brands, Inc. (NASDAQ:XELB) ("Xcel" or the "Company"), a media and consumer products company with expertise in livestream shopping and social commerce, today announced that it will be presenting at the Planet MicroCap Showcase: VEGAS 2024 on Wednesday, May 1, 2024 at 1 PM (Local Time -PST). Robert D'Loren (CEO of Xcel Brands, Inc.) will be hosting the presentation and answering questions at the conclusion.To access the live presentation, please use the following information:Planet MicroCap Showcase: VEGAS 2024Date: Wednesday, May 1, 2024Time: 4PM Eastern Time (1:00 PM Pacific Time)Webcast: https://www.webcaster4.com/Webcast/Page/3026/50166If y
NEW YORK, April 15, 2024 (GLOBE NEWSWIRE) -- Xcel Brands, Inc. (NASDAQ:XELB) ("Xcel" or the "Company"), today announced that it will report its fourth quarter and fiscal year 2023 financial results on April 16, 2024. The Company will hold a conference call with the investment community on April 16, 2024, at 5:00 p.m. ET. A webcast of the conference call will be available live on the Investor Relations section of Xcel's website at https://xcelbrands.co/pages/events-and-presentations or directly at https://edge.media-server.com/mmc/p/6fnws5vh Interested parties unable to access the conference call via the webcast may dial 800-715-9871 or 646-307-1963 and use the Conference ID 1258246. A r
NEW YORK, March 29, 2024 (GLOBE NEWSWIRE) -- Xcel Brands, Inc. (NASDAQ:XELB) ("Xcel" or the "Company"), a media and consumer products company with expertise in livestream shopping and social commerce, announced today its newly formed joint venture with supermodel, actress and entrepreneur, Christie Brinkley to create TWRHLL (Towerhill), a lifestyle and apparel brand, for distribution exclusively on HSN. Initial launch of TWRHLL is expected in Spring 2024. Christie Brinkley will serve as the public face and voice of the brand, including appearing on live broadcasts and streaming services for HSN. "I'm thrilled to partner with the team at Xcel Brands and HSN for the launch of TWRHLL, a bran
NEW YORK, March 15, 2024 (GLOBE NEWSWIRE) -- Xcel Brands, Inc. (("Xcel", NASDAQ:XELB), a media and consumer products company engaged in the design, licensing, marketing, live streaming and social commerce sales of branded apparel, footwear, accessories, fine jewelry, home goods and consumer products, and the acquisition of dynamic consumer lifestyle brands, today announced the pricing of its previously announced underwritten public offering of shares of its common stock. All of the shares of common stock are being sold at a public offering price of $0.65 per share, for gross proceeds of $2,134,874, before underwriting discounts and commissions and offering expenses, and included participat
Xcel Brands (NASDAQ:XELB) reported quarterly losses of $(0.09) per share which beat the analyst consensus estimate of $(0.18) by 50 percent. The company reported quarterly sales of $2.184 million which missed the analyst consensus estimate of $2.200 million by 0.70 percent.
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