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Xcel Brands Announces $100mm Refinancing and Acquisition Facility

Xcel Brands Announces $100mm Refinancing and Acquisition Facility
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Xcel Brands Announces $100mm Refinancing and Acquisition Facility

Xcel Brands Announces $100mm Refinancing and Acquisition Facility
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Xcel Brands Announces $100mm Refinancing and Acquisition Facility

Xcel Brands Announces $100mm Refinancing and Acquisition Facility
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Xcel Brands Acquires LOGO by Lori Goldstein

Xcel Brands Acquires LOGO by Lori Goldstein
Leading Fashion Brand Presents Significant Growth Opportunities for Xcel Brands
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NEW YORK, April 5, 2021 /PRNewswire/
Xcel Brands, Inc. (NASDAQ: XELB) today announced it has entered into an agreement to acquire the
Lori Goldstein brands, including LOGO™ by Lori Goldstein. The acquisition focuses on growing the popular brand through a multi-channel approach including Live streaming, e-commerce and global direct-response television networks, and expanding the business into new products and categories.
Designed to bring style to the masses, LOGO by Lori Goldstein launched in 2009 and has been profitable since inception. Boasting more than $1.5 billion in historical retail sales, the brand offers multiple categories such as casual womenswear, outerwear, eyewear, jewelry and activewear. ....

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