Xcel Brands explores strategic alternatives for non-core legacy assets to optimize balance sheet
XELB•Xcel Brands is evaluating a sale or divestiture of select legacy brands and intellectual property to optimize its balance sheet. The company has set no definitive timetable for the evaluation.
1. Asset evaluation
Xcel Brands said it will evaluate a sale or divestiture of select legacy brands and intellectual property as part of its exploration of strategic alternatives for non-core legacy assets. It has set no definitive timetable for completing the process.
