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XCEL BRANDS INC. - XELB STOCK NEWS

Welcome to our dedicated page for XCEL BRANDS news (Ticker: XELB), a resource for investors and traders seeking the latest updates and insights on XCEL BRANDS stock.

XCEL BRANDS INC. (symbol: XELB) is a pioneering company in the acquisition, design, licensing, marketing, and retail sales of consumer brands. Headquartered in New York City, Xcel Brands is renowned for its innovative omnichannel sales strategy, which integrates interactive media, brick-and-mortar retail, and e-commerce. The company’s brand portfolio includes iconic names like Isaac Mizrahi, Judith Ripka, H Halston, and C. Wonder, among others.

Founded in 2011, Xcel Brands has revolutionized the retail industry by merging shopping, entertainment, and social media. The company is deeply involved in design, merchandising, planning, sourcing, production, licensing, marketing, and brand development. It offers a wide range of consumer products, including apparel, footwear, accessories, jewelry, and home goods.

Recent Achievements and Current Projects:

  • As of January 2024, Xcel Brands announced a 30% investment in ORME, a groundbreaking short-form video (SFV) marketplace designed to transform social commerce.
  • TWRHLL by Christie Brinkley is set to launch exclusively on HSN in Spring 2024, showcasing a collection of apparel reflecting Brinkley’s iconic style.
  • A partnership with Crayola led to the launch of the Longaberger x Crayola Home Accessories Collection, bringing vibrant and creative designs to home decor.

With a team of over 50 designers and social media-focused marketing executives, Xcel maintains control over product quality and promotion across all licensed product categories and distribution channels. The company's strategy of leveraging live streaming, social commerce, and digital platforms has generated over $4 billion in retail sales.

Led by a seasoned executive team with extensive experience in retailing, licensing, design, and marketing, Xcel Brands continues to elevate branded consumer products through innovative strategies and partnerships.

Rhea-AI Summary
Xcel Brands, Inc. (NASDAQ: XELB) announced a joint venture with Christie Brinkley to launch TWRHLL, a lifestyle and apparel brand, in the spring of 2024. Christie Brinkley will be the face of the brand, aiming for inclusivity and fun fashion. Xcel Brands is strategically investing in livestreaming technology platforms and partnerships, and owns several other successful brands.
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Xcel Brands, Inc. (NASDAQ: XELB) announces participation in investor conferences and introduction of new livestream shopping technology and social commerce platform.
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Xcel Brands, Inc. (NASDAQ: XELB) announced its financial results for the quarter ended September 30, 2023, including the completion of licensing agreements for the Longaberger eCommerce business. The company reported licensing revenues of $2.6 million, a GAAP net loss of $5.1 million, and an adjusted EBITDA of ($1.4) million for the quarter. Despite lower than expected adjusted EBITDA due to soft sales in the Interactive TV business, Xcel Brands remains focused on high-touch licensing, livestream shopping, and social commerce growth strategies.
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Xcel Brands, Inc. (NASDAQ: XELB) will report its third quarter 2023 financial results on November 20, 2023, and hold a conference call with the investment community at 5:00 p.m. ET. The company has billions of dollars in retail sales generated by its brands through social commerce and live-stream shopping. The webcast of the conference call will be available live on the Investor Relations section of Xcel’s website.
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Xcel Brands, Inc. (NASDAQ: XELB) announces a new licensing agreement with ALPHA OES to take over day-to-day operations for its Longaberger eCommerce business. The agreement aims to leverage ALPHA OES's expertise in driving profitable growth for eCommerce businesses and Xcel's investment in social commerce and short-form video technology.
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Xcel Brands, Inc. has announced that Noble Capital Markets has initiated company-sponsored equity research coverage on the Company. The full report by Noble Capital Markets is available on Channelchek.
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Xcel Brands invited to present at iAccess Alpha's Virtual Microcap Conference
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Xcel Brands, Inc. will be presenting at the Sidoti & Company Micro-Cap Virtual Investor Conference on August 17. The Chairman and CEO will discuss growth opportunities and the recent licensing partnership for its Halston business.
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FAQ

What is the current stock price of XCEL BRANDS (XELB)?

The current stock price of XCEL BRANDS (XELB) is $0.4 as of December 20, 2024.

What is the market cap of XCEL BRANDS (XELB)?

The market cap of XCEL BRANDS (XELB) is approximately 11.3M.

What does Xcel Brands Inc. do?

Xcel Brands Inc. specializes in the acquisition, design, licensing, marketing, and retail sales of consumer brands through an omnichannel strategy.

Which brands are owned by Xcel Brands Inc.?

Xcel Brands owns and manages brands like Isaac Mizrahi, Judith Ripka, H Halston, and C. Wonder.

What recent investments has Xcel Brands made?

In January 2024, Xcel Brands invested 30% in ORME, a short-form video marketplace aimed at revolutionizing social commerce.

What are some of the latest product launches by Xcel Brands?

Recent launches include TWRHLL by Christie Brinkley on HSN and the Longaberger x Crayola Home Accessories Collection.

Where is Xcel Brands Inc. headquartered?

Xcel Brands Inc. is headquartered in New York City.

How does Xcel Brands sell its products?

Xcel Brands uses a combination of live streaming, social commerce, interactive media, brick-and-mortar retail, and e-commerce.

What is ORME?

ORME is a short-form video marketplace co-founded by Xcel Brands, offering an engaging shopping experience through user-generated content.

How has Xcel Brands performed in retail sales?

Xcel Brands has generated over $4 billion in retail sales through its innovative sales strategies.

What makes Xcel Brands unique?

Xcel Brands stands out for its omnichannel sales strategy, integrating shopping, entertainment, and social media, alongside its control over product quality and promotion.

Who leads Xcel Brands Inc.?

Xcel Brands is led by an experienced executive team with expertise in retailing, licensing, design, and marketing.

XCEL BRANDS INC.

Nasdaq:XELB

XELB Rankings

XELB Stock Data

11.34M
13.92M
40.97%
26.51%
0.38%
Apparel Manufacturing
Patent Owners & Lessors
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United States of America
NEW YORK