Associated tags: Xcel Energy, LOGO, Isaac Mizrahi, Social media, Sale, Television, Interest, Webcast
Locations: NEW YORK, NY, US, ORME
Elevating our basket designs through creative expression creates a selection perfect for collectors—Crayola and Longaberger lovers alike.
Key Points:
- 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 thrilled to see this partnership come to life with the first Longaberger x Crayola Collection.
- This collaboration will inspire creativity, promote self-expression, and bring color, the greatest luxury, into your home," shared Joe Falco, President, Chief Merchandising Officer of Xcel Brands.
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.
Key Points:
- 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.
- NEW YORK, April 16, 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, today announced its financial results for the fourth quarter and fiscal year ended December 31, 2023.
- Now more than ever, I am excited by the potential of the company.”
Net revenue for the fourth quarter of 2023 was $2.3 million, representing a decrease of approximately $1.8 million (-44%) from the fourth quarter of 2022.
- The operating loss for the current quarter was approximately $5.6 million, compared with $8.4 million, loss for the prior year quarter.
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.
Key Points:
- 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.
- 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 replay of the webcast will be available on Xcel’s website.
Christie Brinkley will serve as the public face and voice of the brand, including appearing on live broadcasts and streaming services for HSN.
Key Points:
- Christie Brinkley will serve as the public face and voice of the brand, including appearing on live broadcasts and streaming services for HSN.
- We aim to focus on inclusivity and fun fashion,” said Ms. Brinkley.
- “Alongside Xcel Brands, we’ve helped bring to life, an HSN exclusive collection of apparel reflecting Christie’s highly sought-after style.
- In addition to TWRHLL by Christie Brinkley, Xcel Brands owns C. Wonder by Christian Siriano, Halston, Judith Ripka and LOGO by Lori Goldstein brands.
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 participation from members of Xcel’s management.
Key Points:
- 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 participation from members of Xcel’s management.
- The offering is expected to close on or about March 19, 2024.
- The offering of securities will be made only by means of the prospectus and prospectus supplement that forms a part of the registration statement.
- A preliminary prospectus supplement and accompanying prospectus relating to, and describing the terms of, the offering, will be filed with the SEC and will be available on the SEC's website at www.sec.gov .
Telephone,
Sale,
Acquisition,
Attention,
Security (finance),
Prospectus,
Suite,
Xcel Energy,
Marketing,
Equity capital markets,
Capital Group Companies All of the shares of common stock (or common stock equivalents) are being offered by Xcel.
Key Points:
- All of the shares of common stock (or common stock equivalents) are being offered by Xcel.
- The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.
- Craig-Hallum Capital Group LLC is acting as the sole managing underwriter for the offering.
- The offering of securities will be made only by means of the prospectus and prospectus supplement that forms a part of the registration statement.
NEW YORK, March 07, 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 that their brand C. Wonder by Christian Siriano was awarded the HSN’s Vendor Excellence Award for Rising Star on February 28th, 2024.
Key Points:
- NEW YORK, March 07, 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 that their brand C. Wonder by Christian Siriano was awarded the HSN’s Vendor Excellence Award for Rising Star on February 28th, 2024.
- C. Wonder by Christian Siriano wins the Vendor Excellence Rising Star Award at HSN.
- Launched in March 2023, under the creative direction of Christin Siriano, C. Wonder brings a playful exuberance to the HSN community.
- In addition to C. Wonder by Christian Siriano, Xcel Brands owns TWRHLL by Christie Brinkley, Halston, Judith Ripka and LOGO by Lori Goldstein brands.
Retrieved on:
Tuesday, February 20, 2024
NEW YORK, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Xcel Brands, Inc. (NASDAQ: XELB), a media and consumer products company with expertise in livestream shopping and social commerce, announced their participation in Noble Capital Markets’ C-Suite Interview Series, presented by Channelchek.
Key Points:
- NEW YORK, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Xcel Brands, Inc. (NASDAQ: XELB), a media and consumer products company with expertise in livestream shopping and social commerce, announced their participation in Noble Capital Markets’ C-Suite Interview Series, presented by Channelchek.
- Xcel Brands CEO, Robert D’Loren, sat down with Noble Capital Markets Senior Research, Michael Kupinski, for this exclusive two-part series.
- Topics covered include:
Part one, Xcel Brands CEO Robert D’Loren provides a corporate overview, discussing Xcel’s core business model, their brands, key revenue figures, current financial outlook, and their new e-commerce platform, ORME.
- The interview was recorded on February 1, 2024, and is available now on Channelchek .
Retrieved on:
Wednesday, January 24, 2024
NEW YORK, Jan. 24, 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, today announced its 30% investment in ORME, a groundbreaking short-form video (SFV) marketplace designed to revolutionize social commerce.
Key Points:
- “ORME is an opportunity with unicorn potential,” said Robert W. D’Loren, Chairman and Chief Executive Officer of Xcel.
- For brands and retailers, ORME offers free, simple, and fast integration with all e-commerce platforms and an easy, efficient, and controlled content creation process.
- According to McKinsey & Company, on average, 28% of video shopping leads are converted into sales, a statistic that ORME plans to capitalize on.
- Social media influencer marketing spend by brands was around $16.4 billion in 2022 and is increasing at a rate of 18.8% per annum.
NEW YORK, Dec. 04, 2023 (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 of its newly formed joint venture with supermodel, actress and entrepreneur, Christie Brinkley to develop TWRHLL, a lifestyle and apparel brand, for distribution in retail and livestream channels. Initial launch of TWRHLL is expected in the spring of 2024. Christie Brinkley will serve as the public face and voice of the brand, including appearing on broadcast and streaming services.
Key Points:
- Christie Brinkley will serve as the public face and voice of the brand, including appearing on broadcast and streaming services.
- “I’m thrilled to partner with the team at Xcel Brands to collaborate and launch TWRHLL, a brand inspired by my many years in fashion and the timeless style of my home, Towerhill.
- We aim to focus on inclusivity and fun fashion,” said Ms. Brinkley.
- In addition to TWRHLL by Christie Brinkley, Xcel Brands owns C. Wonder by Christian Siriano, Halston, Judith Ripka and LOGO by Lori Goldstein brands.
