XCEL BRANDS, INC. (NASDAQ:XELB) Files An 8-K Entry into a Material Definitive Agreement
Item 1.01
| Entry into a Material Definitive Agreement | |
| Item2.02 |
Results of Operations and Financial Conditions. |
On March 21, 2017, the Registrant issued a press release
announcing its financial results for the year ended December 31,
2016. As noted in the press release, the Registrant has provided
certain nonU.S. generally accepted accounting principles (GAAP)
financial measures, the reasons it provided such measures and a
reconciliation of the nonU.S. GAAP measures to U.S. GAAP
measures. Readers should consider nonGAAP measures in addition
to, and not as a substitute for, measures of financial
performance prepared in accordance with U.S. GAAP. A copy of the
Registrants press release is being furnished hereto as Exhibit
99.1 and is incorporated herein by reference.
| Item9.01 | Financial Statements and Exhibits. |
| (d) | Exhibits. |
| 99.1 | Press Release of XCel Brands, Inc. dated March 21, 2017. |
About XCEL BRANDS, INC. (NASDAQ:XELB)
Xcel Brands, Inc. is a brand development and media company. The Company is engaged in the design, production, licensing, marketing, and direct to consumer sales of branded apparel, footwear, accessories, jewelry, home goods, and other consumer products, and the acquisition of consumer lifestyle brands. The Company’s brand portfolio consists of the Isaac Mizrahi, Judith Ripka, H Halston, C Wonder and Highline Collective brands. The Company also manages and designs the Liz Claiborne New York brand (LCNY Brand). Isaac Mizrahi has over 150 different product categories, including sportswear, footwear, handbags, watches, eyewear, fragrance, tech accessories, intimates, bridal gowns and accessories, pet products, home and other merchandise. The Company’s Judith Ripka is a luxury jewelry brand. Wonder brand offers women’s clothing, footwear, jewelry and accessories; housewares, and home decor and gifts. The Liz Claiborne New York includes women’s apparel, footwear, outerwear and accessories. XCEL BRANDS, INC. (NASDAQ:XELB) Recent Trading Information
XCEL BRANDS, INC. (NASDAQ:XELB) closed its last trading session down -0.05 at 2.60 with 72,445 shares trading hands.