On June 6, 2023, Xcel Brands, Inc. Announces Resignation of Michael Francis as Directors
June 07, 2023 at 04:58 pm EDT
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On June 6, 2023, Michael Francis advised the Board of Directors of Xcel Brands, Inc. that he is resigning as a director of the Company effective June 30, 2023 and that his decision was not based on any disagreements with management, the Company's strategy nor any of the other directors.
Xcel Brands, Inc. is a media and consumer products company. The Company is engaged in the designing, production, marketing, live streaming, wholesale distribution and direct-to-consumer sales of branded apparel, footwear, accessories, fine jewelry, home goods and other consumer products, and the acquisition of dynamic consumer lifestyle brands. The Companyâs brand portfolio consists of the Lori Goldstein, Halston, Judith Ripka, C Wonder, Longaberger, and Isaac Mizrahi Brands, and other proprietary brands, including the various labels under these brands. Judith Ripka is a luxury jewelry brand and is available in fine jewelry stores, luxury retailers and via e-commerce. C Wonder offers womenâs clothing, footwear, jewelry and accessories. The Halston brand is a fashion brand and is available across various distribution channels, including department stores, e-commerce, interactive television, and national specialty retailers.