XCel Brands Inc (XELB) was Reiterated by Wunderlich to “Buy” while Lowering the Price Target of the company shares to $ 9 from a previous price target of $11 . Wunderlich advised their investors in a research report released on Aug 10, 2016.
In a different news, on Dec 17, 2015, James Haran (Chief Financial Officer) sold 1,256 shares at $7.25 per share price. According to the SEC, on Apr 10, 2015, Marisa Gardini (director) sold 100 shares at $8.00 per share price.
Xcel Brands Inc. (Xcel) is a brand development and media company. The Company is engaged in the design licensing marketing and retail sales of branded apparel footwear accessories jewelry and home goods and the acquisition of additional consumer lifestyle brands. Its brand portfolio includes the Isaac Mizrahi Brand the Ripka Brand the H by Halston and H Halston brands (H Halston Brands) the C Wonder Brand and the Liz Claiborne New York brand (LCNY Brand). It manages and designs the Liz Claiborne New York brand which is sold through QVC a direct-response television and e-commerce retailer. The Company’s business includes in-house designers and marketing executives who work with its licensees to help design and promote each brand within its respective distribution channels. Xcel markets and promotes its brands through direct-response television Internet and traditional retail distribution channels.