Xcel Brands, Inc. Announces Licensing Deal With Bardwil Industries
August 21 2012 - 12:17PM
Xcel Brands, Inc. (OTCQB:XELB) has signed an exclusive licensing
agreement with Bardwil Industries. This agreement will give Bardwil
the license to manufacture table linens under the Isaac Mizrahi New
York brand. The collection will be available at retail in Fall
2013.
Robert D'Loren, Chairman and Chief Executive Officer, Xcel
Brands, Inc., said, "I am very excited to partner with Bardwil
Industries. This license is a great addition to our home
business."
Alan Kennedy, President, Bardwil Industries, said, "We are
excited to partner with Xcel Brands in bringing Isaac Mizrahi
designs into the Table Linens classification."
Xcel Brands, Inc. ("Xcel") engages
in the acquisition, design, licensing, and marketing of consumer
brands. Xcel is leading the Omni Channel sales strategy across
three channels of distribution including interactive media, online
and brick and mortar retailers. In 2011, Xcel acquired designer
apparel brand Isaac Mizrahi New York. Xcel's management team
consists of executives with significant experience in creating and
growing businesses in the branded consumer products industry and
has a proven track record for successfully completing multiple
similar acquisitions. Xcel will seek to acquire brands that it can
utilize in an Omni Channel sales strategy with a focus on
identifying designers or celebrities with personalities that
connect directly with consumers through social and other media.
www.xcelbrands.com.
Isaac Mizrahi has been a leader in
the fashion industry for almost 30 years. Since his first
collection in 1987, Mr. Mizrahi's designs have come to stand for
timeless, cosmopolitan style. He has been awarded four CFDA awards,
including a special award in 1996 for the groundbreaking
documentary "Unzipped." In December 2009, Mr. Mizrahi launched his
exclusive lifestyle collection, ISAACMIZRAHILIVE! on QVC. In
addition, television audiences have come to value Isaac's media
presence through his roles on "Project Runway All Stars" for
Lifetime, "The Fashion Show" for Bravo and his own series for both
Oxygen and the Style Network. www.isaacmizrahiny.com
Bardwil Industries has been the gold standard
in table linens for over 100 years. In the last decade they have
extended their product class offerings to include kitchen and bath
textiles and accessories. Bardwil offers a palette of blue chip
brands including Lenox, Tommy Bahama, Vera, Food Network and Bobby
Flay for Kohl's. A new executive management team was formed in 2012
that will propel Bardwil's growth and penetration with additional
brand offerings for product and design innovation. Bardwil is
headquartered in New York City with divisions in New Jersey and
Ohio.
CONTACT: Erika Stair
Vice President of Public Relations
Xcel Brands, Inc.
347-727-2476
Estair@xcelbrands.com
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