Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Xcel Brands and G-III Apparel Group, Ltd. Announce Halston Master Licensing Partnership Under New 25-Year Agreement
* * $XELB Video Chart 04-05-2021 * *
Link to Video - click here to watch the technical chart video
Earnings discussed at close today! 11/12
This board is dead but XELB is not. Break the Dollar maybe big run coming after that.
News: $XELB Xcel Brands to Report Fourth Quarter 2018 Financial Results on March 28, 2019
NEW YORK, March 22, 2019 (GLOBE NEWSWIRE) -- Xcel Brands, Inc. (NASDAQ: XELB) (“Xcel” or the “Company”), a brand management and media company, today announced that it will report its fourth quarter 2018 financial results after the market closes on Thursday, March...
Read the whole news https://marketwirenews.com/news-releases/xcel-brands-to-report-fourth-quarter-2018-financial-results-on-march-28-2019-7864342.html
Xcel Brands, Inc. (Q (XELB)
$3.50 down -3.5 (-50.00%)
Volume: 1,025 @ 12:51:22 PM ET
10-Q
Filed on: Nov 14,2013
O/S: 10,167,427
Equity: $36,251,000
BV: $3.57
MV: $2.80
http://ir.xcelbrands.com/secfiling.cfm?filingID=1144204-13-61879&CIK=1083220
Sneaky stuff XELB...$5MM Private Placement sale of common stock.
Separately, on June 7, 2013, Xcel completed a $5 million private placement of its common stock. Threadstone Partners LP acted as the placement agent. These transactions are part of the Company's continuing efforts to decrease net leverage, which includes the Company's settlement of $1.4 million of future payment obligations and the reduction of $6.3MM of contingent obligations in December 2012, and provides Xcel with additional working capital and flexibility for future growth.
http://ir.xcelbrands.com/releasedetail.cfm?ReleaseID=782799
Not cool Xcel... when you bury significant material info like this inside another PR it looks like you're hiding something ":~O
Xcel Brands Inc. Completes $13MM Senior Financing
NEW YORK, Aug. 5, 2013 (GLOBE NEWSWIRE) -- Xcel Brands, Inc. (OTCQX:XELB), a leader and innovator in Omnichannel retail sales and owner of the Isaac Mizrahi New York brand, today announced that on August 1, 2013 the Company completed a $13 million senior term loan with Bank Hapoalim, which was used to refinance its previous senior debt facility with MidMarket Capital Partners and for general working capital purposes. The new term loan will bear interest at a rate of 4.44%, payable quarterly, and has a five year term. The new senior term loan is expected to lower the Company's annual interest expense, and provides the company with additional operating flexibility.
Separately, on June 7, 2013, Xcel completed a $5 million private placement of its common stock. Threadstone Partners LP acted as the placement agent. These transactions are part of the Company's continuing efforts to decrease net leverage, which includes the Company's settlement of $1.4 million of future payment obligations and the reduction of $6.3MM of contingent obligations in December 2012, and provides Xcel with additional working capital and flexibility for future growth.
Robert D'Loren, Chairman and Chief Executive Officer, Xcel Brands, Inc., said, "I am pleased with the progress that we have made with the repositioning of the Isaac Mizrahi New York brand. These recent capital transactions position us well for the future."
http://ir.xcelbrands.com/releasedetail.cfm?ReleaseID=782799
Xcel Brands, Inc. Announces Isaac Mizrahi New York Shop in Hamptons
http://www.isaacmizrahiny.com/categories/Dresses
Test store opens.
Xcel Brands Inc. Completes $13MM Senior Financing
PrintAlert
Xcel Brands, Inc. (OTCBB:XELB)
Intraday Stock Chart
Today : Monday 5 August 2013
Click Here for more Xcel Brands, Inc. Charts.
Xcel Brands, Inc. (OTCQX:XELB), a leader and innovator in Omnichannel retail sales and owner of the Isaac Mizrahi New York brand, today announced that on August 1, 2013 the Company completed a $13 million senior term loan with Bank Hapoalim, which was used to refinance its previous senior debt facility with MidMarket Capital Partners and for general working capital purposes. The new term loan will bear interest at a rate of 4.44%, payable quarterly, and has a five year term. The new senior term loan is expected to lower the Company's annual interest expense, and provides the company with additional operating flexibility.
Separately, on June 7, 2013, Xcel completed a $5 million private placement of its common stock. Threadstone Partners LP acted as the placement agent. These transactions are part of the Company's continuing efforts to decrease net leverage, which includes the Company's settlement of $1.4 million of future payment obligations and the reduction of $6.3MM of contingent obligations in December 2012, and provides Xcel with additional working capital and flexibility for future growth.
Robert D'Loren, Chairman and Chief Executive Officer, Xcel Brands, Inc., said, "I am pleased with the progress that we have made with the repositioning of the Isaac Mizrahi New York brand. These recent capital transactions position us well for the future."
About Xcel Brands, Inc.
Xcel Brands engages in the acquisition, design, licensing and marketing of consumer brands incorporating an OMNICHANNEL sales strategy inclusive of interactive media, digital and bricks and mortar retail. In 2011, the company acquired designer apparel brand Isaac Mizrahi New York and an interest in Liz Claiborne New York, quickly expanding into 100+ categories for the Isaac Mizrahi brand. The company's executive management team possesses significant talent, experience and a proven track record of success to create and grow branded consumer products businesses. www.xcelbrands.com
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995. The statements that are not historical facts contained in this press release are forward-looking statements that involve a number of known and unknown risks, uncertainties and other factors, all of which are difficult or impossible to predict and many of which are beyond the control of Xcel, which may cause the actual results, performance or achievements of Xcel to be materially different from any future results, performance or achievements expressed or implied by such forward looking statements. Such factors include, but are not limited to, uncertainty regarding the results of Xcel's acquisition of additional licenses, continued market acceptance of current products and the ability to successfully develop and market new products particularly in light of rapidly changing fashion trends, the impact of supply and manufacturing constraints or difficulties relating to Xcel's licensees' dependence on foreign manufacturers and suppliers, uncertainties relating to customer plans and commitments, the ability of licensees to successfully market and sell branded products, competition, uncertainties relating to economic conditions in the markets in which Xcel operates, the ability to hire and retain key personnel, the ability to obtain capital if required, the risks of litigation and regulatory proceedings, the risks of uncertainty of trademark protection, the uncertainty of marketing and licensing acquired trademarks and other risks detailed in Xcel's SEC filings. The words "believe," "anticipate," "estimate," "expect," "confident," "continue," "will," "project," "provide" "guidance" and similar expressions identify forward-looking statements. Readers are cautioned not to place undue reliance on these forward looking statements, which speak only as of the date the statement, was made. All forward-looking statements are qualified by these cautionary statements and apply only as of the date they are made. Xcel undertakes no obligation to update any forward-looking statement, whether as a result of new information, future events or otherwise.
CONTACT: Media Contact:
Erika Stair, Xcel Brands, Inc.
+ 1 (347) 727-2476, estair@xcelbrands.com
Investor Relations:
Seth Burroughs, Xcel Brands, Inc.
More licensing deals -
XELB News: Xcel Brands, Inc. Announces Licensing Deal With American Exchange Apparel Group 03/05/2013 11:38:19 AM
XELB News: Xcel Brands, Inc. Announces Licensing Deal With Clover Corporation 02/07/2013 10:38:38 AM
XELB News: Xcel Brands, Inc. Announces Licensing Deal With Synclaire Brands 02/06/2013 10:39:59 AM
*Is this the year they actually begin selling merchandise and making money instead of spending it? I look for them to start doing that this Fall in time for 2013 Holiday sales. We'll see.
Looking forward when they'll have more MM's and trade with more volume! The float is so small, the PPS can go to 20-30USD!!!
Is this ever gonna be tradeable?
Post split the 4 shell investor's average paid is $1.64 @ share. They now hold a combined 117,800 shares (+ or -).
Xcel Brands, Inc. Announces Licensing Deal With Jerry Leigh
Date : 01/03/2013 @ 9:00AM
Source : GlobeNewswire Inc.
Stock : Xcel Brands, Inc. (QB) (XELB)
Quote : $1.5 0.0 (0.00%) @ 4:40PM
Xcel Brands, Inc. (OTCQB:XELB) has signed an exclusive licensing agreement with Jerry Leigh. This agreement will give Jerry Leigh the license to manufacture and distribute girls' apparel for the Isaac Mizrahi New York brand. The collection will be available at retail in Fall 2013.
Robert D'Loren, Chairman and Chief Executive Officer, Xcel Brands, Inc. said, "I am very excited to partner with Jerry Leigh to launch girls' apparel in Fall 2013. We anticipate that we will execute additional licenses in the children's category to fully complement our children's collection. The Isaac Mizrahi brand brings an exciting point of view to children's apparel and accessories."
Andrew Leigh, President, Jerry Leigh, said, "I am thrilled to be working with Xcel Brands and Isaac Mizrahi to launch girls' 4-16 apparel. I am excited to bring Isaac's creative talents to the marketplace."
[....]
http://ih.advfn.com/p.php?pid=nmona&article=55679768
56 chevy,Do you have any idea's what we can look forward to,if anything.
Xcel Brands Inc. Announces the Isaac Mizrahi New York Application Powered by Aurasma
Date : 09/24/2012 @ 12:46PM
Source : GlobeNewswire Inc.
Stock : Xcel Brands, Inc. (QB) (XELB)
Quote : $3.25 0.0 (0.00%) @ 5:32AM
Xcel Brands, Inc. (OTCQB:XELB) announced today the release of the Isaac Mizrahi New York Aurasma-powered mobile application. When viewing various printed images such as Isaac Mizrahi hang tags, shoebox inserts, and the Fabulous Isaac Mizrahi logo through the viewfinder of the application on a mobile device, hidden dynamic content comes to life on the screen. The groundbreaking image recognition technology will literally bring printed content to life in the form of videos, animation and more.
"We at Xcel Brands have embraced Aurasma as a cutting-edge way to bring the Isaac Mizrahi brand to life. Aurasma and our rich video content lend a new and unique way of engaging the consumer at the point of purchase and beyond," stated Robert D'Loren, Chairman and Chief Executive Officer, Xcel Brands, Inc.
"Aurasma is excited to partner with Xcel Brands to bring additional consumer engagement to the popular Isaac Mizrahi brand," said General Manager of Aurasma, Jennifer Rapp. "By augmenting a variety of brand-related images on products in stores, the Isaac Mizrahi New York app will captivate consumers with an innovative and memorable shopping experience."
The Isaac Mizrahi New York app will be available for free on the App store on September 24, 2012.
[....]
http://ih.advfn.com/p.php?pid=nmona&article=54282459
I don't know what your talking about a loss... I traded this from a subpenny to .05 with huge profits... Yes I Did sell 95% of my position before the R/S and held a small position of FREE shares through the R/S as a gamble!! I sold my small amount of FREE shares for 8.25.... So sorry no loss here!!!!
I have monitored this stock ever since and after seeing the insider sell I figured I'd voice my opinion!!
I warned against paying way too much for this pre-RM over a year ago and got nothing but grief and insults in return...now it's a "POS" in your words. It never works to pay post RM prices before the RM happens...never. Sorry for your loss bud. Once this imbalance works its way out it may be a different story.
=================
XELB... You can barely trade this POS and look at how much the insiders sold already!! http://www.secform4.com/insider-trading/1083220.htm
Seems like another share selling pink!! Scary.. That's why I don't trade in the wild west anymore!!!! GLTA
Xcel Brands, Inc. Announces Licensing Deal With Bardwil Industries
Date : 08/21/2012 @ 12:17PM
Source : GlobeNewswire Inc.
Stock : Xcel Brands, Inc." (QB) (XELB)
Quote : $3.25 0.0 (0.00%) @ 5:05PM
Xcel Brands, Inc. (OTCQB:XELB) has signed an exclusive licensing agreement with Bardwil Industries. This agreement will give Bardwil the license to manufacture table linens under the Isaac Mizrahi New York brand. The collection will be available at retail in Fall 2013.
Robert D'Loren, Chairman and Chief Executive Officer, Xcel Brands, Inc., said, "I am very excited to partner with Bardwil Industries. This license is a great addition to our home business."
Alan Kennedy, President, Bardwil Industries, said, "We are excited to partner with Xcel Brands in bringing Isaac Mizrahi
[....]
http://ih.advfn.com/p.php?pid=nmona&article=53897219
Xcel Brands, Inc. Announces Licensing Deal With Roma Industries, LLC
Date : 08/17/2012 @ 12:39PM
Source : GlobeNewswire Inc.
Stock : Xcel Brands, Inc." (QB) (XELB)
Quote : $3.25 0.0 (0.00%) @ 5:05PM
Xcel Brands, Inc. (OTCQB:XELB) has signed an exclusive licensing agreement with Roma Industries, LLC. This agreement will give Roma the license to manufacture and distribute women's and men's belts as well as small leather accessories under the Isaac Mizrahi New York brand. The collection will be available at retail in Spring 2013.
Robert D'Loren, Chairman and Chief Executive Officer, Xcel Brands, Inc., said, "I am very excited to partner with Roma on this great collection of belts. This license is a complementary
[....]
http://ih.advfn.com/p.php?pid=nmona&article=53866235
Xcel Brands, Inc. Announces Headwear Licensing Deal With Dorfman Pacific
Date :07/25/2012 @ 10:08AM
Source :GlobeNewswire Inc.
Stock :Xcel Brands, Inc." (QB) (XELB)
Quote : $3.25 0.0 (0.00%) @ 5:04PM
Xcel Brands, Inc. (OTCQB:XELB) has signed an exclusive licensing agreement with Dorfman Pacific. This agreement will give Dorfman Pacific the license to manufacture and distribute fashionable headwear designs for the Isaac Mizrahi New York brand.
Robert D'Loren, Chairman and Chief Executive Officer, Xcel Brands, Inc., said, "I am very excited to partner with Dorman to launch our hat collection. This license is a great addition to our accessories business."
Isaac Mizrahi, Creative Director, Xcel Brands, Inc., said, "One of the most fun things for a woman to buy is a hat. It not only adds to the look but it frames her face and gives distinction to the clothes she wears. It's the ultimate accessory."
Douglas Highsmith, President and Chief Executive Officer, Dorfman Pacific, said, "We are delighted to partner with Xcel Brands and Isaac Mizrahi. The Isaac Mizrahi name signifies fashion and quality, while Dorfman Pacific is synonymous with headwear; the new launch should prove to be amazingly successful for both parties."
Xcel Brands, Inc. ("Xcel") engages in the acquisition, design, licensing, and marketing of consumer brands. Xcel is leading the Omni Channel sales strategy across three channels of distribution including interactive media, online and brick and mortar retailers. In 2011, Xcel acquired designer apparel brand Isaac Mizrahi New York. Xcel's management team consists of executives with significant experience in creating and growing businesses in the branded consumer products industry and has a proven track record for successfully completing multiple similar acquisitions. Xcel will seek to acquire brands that it can utilize in an Omni Channel sales strategy with a focus on identifying designers or celebrities with personalities that connect directly with consumers through social and other media. www.xcelbrands.com.
http://ih.advfn.com/p.php?pid=nmona&article=53590064
Xcel Brands, Inc. Announces Licensing Deal With Glove It, LLC
Date :08/09/2012 @ 11:28AM
Source :GlobeNewswire Inc.
Stock :Xcel Brands, Inc." (QB) (XELB)
Quote : 3.25 0.0 (0.00%) @ 5:04PM
Xcel Brands, Inc. (OTCQB:XELB) has signed an exclusive licensing agreement with Glove It, LLC. This agreement will give Glove It the license to manufacture and distribute golf, tennis and active accessories for the Isaac Mizrahi New York brand. The collection will be available at retail in Spring 2013.
Robert D'Loren, Chairman and Chief Executive Officer, Xcel Brands, Inc., said, "I am very excited to partner with Glove It on this great line of golf, tennis and active accessories. This license marks the beginning of our presence in the active category."
Karen Lovcik, Chief Operating Officer, Glove It, LLC, said, "We are thrilled to join forces with Xcel Brands and launch the Isaac Mizrahi New York brand for golf, tennis, and active lifestyle accessories. This strategic partnership will not only allow us to enhance our product mix, but will also expand our distribution channels. Isaac's iconic designs will translate brilliantly into this active category."
http://ih.advfn.com/p.php?pid=nmona&article=53771443
The registration statement was declared effective on July 5, which means the roughly 2.9 million shares listed there are now freely tradeable. That puts about 3 million in the public float but still no activity. Any thoughts??
Securities Registration Statement (S-1/A)
http://ih.advfn.com/p.php?pid=nmona&article=52916212
.
Looks like the ".pk" was dropped from the symbol, anyone know what's up?
Statement of Changes in Beneficial Ownership (Form 4) filed 5/3.
Xcel Brands, Inc. (OTCQB:XELB) has signed an exclusive licensing agreement with Fleet Street. This agreement will give Fleet Street the license to manufacture and distribute women and children's outerwear under the Isaac Mizrahi New York brand. The collection will be available at retail in Fall 2012.
Isaac Mizrahi Outerwear will incorporate all classifications of coats and jackets. The silhouettes will be timeless, classic and elegant, yet modern and trend-right. They will incorporate Isaac's signature use of vibrant color and logo hardware detailing.
Robert D'Loren, Chairman and Chief Executive Officer, Xcel Brands, Inc. said, "I am very excited to be in business with Fleet Street to launch our Fall 2012 outerwear collections. This license is a great addition to our growing brand."
Isaac Mizrahi, Creative Director, Xcel Brands, Inc. said, "Coats are my favorite! A woman really bonds with her coats each season whether it's a winter coat that she wears every day or a spring raincoat or jacket. I've innovated and contributed so much to outerwear and now I'm looking forward to creating a strong position in the marketplace."
Manny Haber, President of Fleet Street, Ltd., said, "We are just thrilled to be teaming up with Isaac and Bob's most talented team at Xcel. Our reputation for innovation, fit, and quality combined with Isaac's vision of timeless fashion will produce beautiful outerwear for today's customer."
Xcel Brands, Inc. ("Xcel") engages in the acquisition, design, licensing, and marketing of consumer brands. Xcel is leading the Omni Channel retail sales strategy across three channels of distribution including interactive media, online and brick and mortar retailers. In 2011, Xcel acquired designer apparel brand Isaac Mizrahi New York. Xcel's management team consists of executives with significant experience in creating and growing businesses in the branded consumer products industry and has a proven track record for successfully completing multiple similar acquisitions. Xcel will seek to acquire brands that it can utilize in an Omni Channel retail sales strategy with a focus on identifying designers or celebrities with personalities that connect directly with consumers through social and other media. www.xcelbrands.com.
Isaac Mizrahi has been a leader in the fashion industry for almost 30 years. Since his first collection in 1987, Mr. Mizrahi's designs have come to stand for timeless, cosmopolitan style. He has been awarded four CFDA awards, including a special award in 1996 for the groundbreaking documentary "Unzipped." In December 2009, Mr. Mizrahi launched his lifestyle collection, ISAACMIZRAHILIVE! on QVC. In addition, television audiences have come to value Isaac's media presence through his roles on "Project Runway All Stars" for Lifetime, "The Fashion Show" for Bravo and his own series for both Oxygen and the Style Network. www.isaacmizrahiny.com
Fleet Street was founded in 1964 and has grown into one of America's largest outerwear resources. Initially established as a rainwear resource, the company has continually evolved into one of the most diversified suppliers in the field. Today, Fleet Street provides a comprehensive range of outerwear products to an equally expanding roster of clients ranging from exclusive specialty stores to America's largest store groups. From the start, Fleet Street put a premium on innovation that added value to its products. Equally important to the firm's growth is its reputation for quality. Three generations of American women have learned to trust Fleet Street for a coat that fits well and wears comfortably, while retailers have come to depend upon the company for coats that sell year after year.
CONTACT: Erika Stair
Vice President of Public Relations
Xcel Brands, Inc.
347-727-2476
Estair@xcelbrands.com
Xcel Brands, Inc. & Kleinfeld Manhattan Announce Bridal License Isaac Mizrahi Exclusively for Kleinfeld
They never even showed up on L2.
We will see. But i really wonder that those 8USD and 5USD trades did not influence the PPS?
Everyone has their own time frames for selling long positions that are stagnant. Mine was April 2012. I sold some at $8 and some at $5 and the rest at $2.56. Good luck to you, although I think $50 to $80 extremely unlikely.
You sold almsot 500 shares to the bid at 2.56 when the ask is 23USD and when the real trading begings the PPS can go to 50-80USD!!! Why do you wanna loose so much money?
I have been putting shares up for sale over the last few weeks at different prices to see if they would fill. I sold about 40 shares at $8.00 a month or so ago, and 79 shares at $5.00 on 4/2/12. I needed some cash for another venture, so I put up my last 482 shares at the bid of 2.56 today and it filled immediately. The other trades I made did not show up on L2, but this last one today did.
I wish everyone the best of luck here. Eventually the company will get things straightened out and trading will start here on a regular basis.
Got this e-mail from Seth today:
-----Original Message-----
From: Seth Burroughs <SBurroughs@xcelbrands.com>
To: borisk. <borisk.@aol.com>
Sent: Tue, Mar 27, 2012 11:02 pm
Subject: RE: Investor Inquiry
Boris,
We posted a business update on our website today and filed a related 8-K – the presentation is posted in PDF format here:
http://ir.xcelbrands.com/events.cfm
As I previously mentioned, one challenge with the liquidity in our shares is that there are not a lot of registered shares that are able to be traded. We’re looking at some options to address that, but at least in the interim this presentation should give investors an idea of what we’ve been working on and our plans for the business. Financial results (10K) for our fourth quarter 2011 are due shortly as well which should provide some additional visibility into our business.
Kind regards,
Seth
Seth Burroughs, EVP
Xcel Brands, Inc.
sburroughs@xcelbrands.com
Excellent Investor Presentation now on EXCEL website under investor relations. 8k filed today makes reference to the presentation.
http://ir.xcelbrands.com/events.cfm
.
2 PR's Today - Xcel Brands, Inc. Announces Paper Goods Licensing Deal with Huhtamaki, Inc.
Date : 03/14/2012 @ 5:08PM
Source : GlobeNewswire Inc.
Stock : Xcel Brands (XELB)
Quote : 1.21 0.0 (0.00%) @ 4:20PM
Xcel Brands, Inc. Announces Paper Goods Licensing Deal with Huhtamaki, Inc.
Today : Thursday 15 March 2012
Xcel Brands, Inc. (OTCQB:XELB) has signed an exclusive licensing agreement with Huhtamaki, Inc. This agreement will give Huhtamaki the license to manufacture and distribute paper goods under the Isaac Mizrahi name and will be available at retail in Summer 2012.
Robert D'Loren, Chairman and Chief Executive Officer, Xcel Brands, Inc. said, "I am very excited to be in business with Huhtamaki. This license is a great addition to our home entertaining collection."
Paul Huckins, Vice President of Retail, Huhtamaki, Inc. said, "We are very excited to partner with Xcel Brands and Isaac Mizrahi. We believe this partnership will create a unique and stylish entertainment option for today's consumer."
Xcel Brands, Inc. ("Xcel") engages in the acquisition, design, licensing, and marketing of consumer brands. Xcel is leading the Omni Channel sales strategy across three channels of distribution including interactive media, online and brick and mortar retailers. In 2011, Xcel acquired designer apparel brand Isaac Mizrahi New York. Xcel's management team consists of executives with significant experience in creating and growing businesses in the branded consumer products industry and has a proven track record for successfully completing multiple similar acquisitions. Xcel will seek to acquire brands that it can utilize in an Omni Channel sales strategy with a focus on identifying designers or celebrities with personalities that connect directly with consumers through social and other media. www.xcelbrands.com.
Isaac Mizrahi has been a leader in the fashion industry for almost 30 years. Since his first collection in 1987, Mr. Mizrahi's designs have come to stand for timeless, cosmopolitan style. He has been awarded four CFDA awards, including a special award in 1996 for the groundbreaking documentary "Unzipped." In December 2009, Mr. Mizrahi launched his exclusive lifestyle collection, ISAACMIZRAHILIVE! on QVC. In addition, television audiences have come to value Isaac's media presence through his roles on "Project Runway All Stars" for Lifetime, "The Fashion Show" for Bravo and his own series for both Oxygen and the Style Network. www.isaacmizrahiny.com
Huhtamaki North America is a leading manufacturer of consumer goods packaging as well as tableware, cups, folding cartons, containers, carriers, trays and serviceware for the foodservice industry and retail markets. Our product portfolio includes Chinet®, the leading brand of premium tableware. Huhtamaki North America employs approximately 3,500 people in 14 manufacturing units. The parent company, Huhtamäki Oyj, has its head office in Espoo, Finland and its shares are quoted on the NASDAQ OMX Helsinki Ltd. Additional information is available at www.us.huhtamaki.com
CONTACT: Erika Stair
Vice President of Public Relations
Xcel Brands, Inc.
347-727-2476
Estair@xcelbrands.com
Xcel Brands, Inc. Announces Lifestyle Accessories Licensing Deal With Cosmoda Corporation
Today : Thursday 15 March 2012
Xcel Brands, Inc. (OTCQB:XELB) has signed an exclusive licensing agreement with Cosmoda Corporation. This agreement will give Cosmoda the license to manufacture and distribute fashionable insulated lunch and tote bags, shopping totes, diaper bags, light travel bags and related accessories, as well as water bottles and hydration products. This category is set to launch in Spring 2013.
Robert D'Loren, Chairman and Chief Executive Officer, Xcel Brands, Inc. said, "I am very excited to be in business with Cosmoda. This license is a great addition to our growing brand."
Andrew Menceles, President, Cosmoda Corporation says, "We are so pleased to be working together with Isaac Mizrahi and Bob D'Loren and his dedicated team at Xcel Brands to develop timeless, stylish and exciting new lifestyle accessories under the iconic Isaac Mizrahi label."
Xcel Brands, Inc. ("Xcel") engages in the acquisition, design, licensing, and marketing of consumer brands. Xcel is leading the Omni Channel sales strategy across three channels of distribution including interactive media, online and brick and mortar retailers. In 2011, Xcel acquired designer apparel brand Isaac Mizrahi New York. Xcel's management team consists of executives with significant experience in creating and growing businesses in the branded consumer products industry and has a proven track record for successfully completing multiple similar acquisitions. Xcel will seek to acquire brands that it can utilize in an Omni Channel sales strategy with a focus on identifying designers or celebrities with personalities that connect directly with consumers through social and other media. www.xcelbrands.com.
Isaac Mizrahi has been a leader in the fashion industry for almost 30 years. Since his first collection in 1987, Mr. Mizrahi's designs have come to stand for timeless, cosmopolitan style. He has been awarded four CFDA awards, including a special award in 1996 for the groundbreaking documentary "Unzipped." In December 2009, Mr. Mizrahi launched his exclusive lifestyle collection, ISAACMIZRAHILIVE! on QVC. In addition, television audiences have come to value Isaac's media presence through his roles on "Project Runway All Stars" for Lifetime, "The Fashion Show" for Bravo and his own series for both Oxygen and the Style Network. www.isaacmizrahiny.com
Cosmoda Corporation,based in Toronto and Hong Kong, has specialized in the design, manufacturing, marketing and distribution of trend-driven lifestyle accessories since 1975. Cosmoda's fashionable and uniquely designed products are distributed in the USA, Canada and internationally. www.cosmoda.com
CONTACT: Erika Stair
Vice President of Public Relations
Xcel Brands, Inc.
347-727-2476
Estair@xcelbrands.com
Followers
|
39
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
3106
|
Created
|
01/04/07
|
Type
|
Free
|
Moderators |
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |