Xcel Brands' Board Initiates Process To Mull Strategic Options For Its Non-Core Legacy Assets
Benzinga Newsdesk 1 day ago
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Xcel Brands, Inc. (NASDAQ: XELB) ("Xcel" or the "Company"), a leading media and consumer products company specializing in creator or influencer-led brands, social commerce, and livestream shopping, today
Xcel Brands, Inc. (NASDAQ: XELB) ("Xcel" or the "Company"), a leading media and consumer products company specializing in creator or influencer-led brands, social commerce, and livestream shopping, today announced that its Board of Directors has initiated a process to explore strategic alternatives for certain of its non-core legacy assets. The strategic initiative aims to streamline the Company’s operational focus while strengthening its balance sheet.