Xcel Brands, Inc. Announces Headwear Licensing Deal With Dorfman Pacific
July 25 2012 - 10:08AM
Xcel Brands, Inc. (OTCQB:XELB) has signed an exclusive licensing
agreement with Dorfman Pacific. This agreement will give Dorfman
Pacific the license to manufacture and distribute fashionable
headwear designs for the Isaac Mizrahi New York brand.
Robert D'Loren, Chairman and Chief Executive Officer, Xcel
Brands, Inc., said, "I am very excited to partner with Dorman to
launch our hat collection. This license is a great addition to our
accessories business."
Isaac Mizrahi, Creative Director, Xcel Brands, Inc., said, "One
of the most fun things for a woman to buy is a hat. It not only
adds to the look but it frames her face and gives distinction to
the clothes she wears. It's the ultimate accessory."
Douglas Highsmith, President and Chief Executive Officer,
Dorfman Pacific, said, "We are delighted to partner with Xcel
Brands and Isaac Mizrahi. The Isaac Mizrahi name signifies fashion
and quality, while Dorfman Pacific is synonymous with headwear; the
new launch should prove to be amazingly successful for both
parties."
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
Dorfman Pacific has been a leader in the
headwear industry for over 90 years with a commitment to quality
and ever-improving service. With more than 20 licensed and acquired
brands including the house brand, Scala™, Dorfman is the largest,
most comprehensive in-stock headwear company in the world, selling
men's, women's and children's headwear and accessories to retailers
across the globe. The company offers the newest trends, traditional
classics and incorporates all key materials for every season and
occasion.
CONTACT: Erika Stair
Vice President of Public Relations
Xcel Brands, Inc.
347-727-2476
Estair@xcelbrands.com
Xcel Brands (NASDAQ:XELB)
Historical Stock Chart
From May 2024 to Jun 2024
Xcel Brands (NASDAQ:XELB)
Historical Stock Chart
From Jun 2023 to Jun 2024