XCEL BRANDS INC.
XELBXcel Brands Inc. (XELB) is a diversified intellectual property company specializing in brand management, licensing, and product development. It focuses on growing and monetizing owned brands through partnerships, licensing agreements, and retail channels. The company is known for managing a portfolio of brands in various sectors, including fashion, accessories, and consumer products.
Company News
Xcel Brands has secured a private investment of approximately $2.05 million through a PIPE financing, selling 1,670,055 shares of common stock and warrants at $1.2275 per share. The proceeds will be used for general corporate purposes and working capital.
Xcel Brands experienced a 55% revenue drop in Q2 2025, with a net loss of $4.0 million. Despite financial challenges, the company expanded social media reach and focused on licensing and influencer partnerships.
Xcel Brands will report its second quarter 2025 financial results on August 14, 2025, and host a conference call with investors at 9:00 a.m. ET, providing details about their performance and brand portfolio.
Xcel Brands and TSC Product Lab have partnered to launch GemmaMade, a new kitchenware brand created with chef Gemma Stafford, offering stylish and functional kitchen tools for home bakers and cooks.
Xcel Brands, Inc. (XELB) received a delinquency notification from Nasdaq for not timely filing its 2024 annual report. The company plans to file the report within the 60-day period and regain compliance with Nasdaq's listing requirements.
