On August 9, 2016, Todd Slater resigned as a director of the Xcel Brands, Inc. On August 11, 2016, Richard Kirschenbaum was appointed a director of XCel. Mr. Kirschenbaum has been the CEO of The Shoe Box, Inc. since 1984. Mr. Kirschenbaum has been appointed to serve as a member of the Compensation Committee.
Xcel Brands, Inc. is a media and consumer products company. The Company is engaged in the designing, production, marketing, live streaming, and social commerce sales of branded apparel, footwear, accessories, fine jewelry, home goods and other consumer products, and the acquisition of dynamic consumer lifestyle brands. It owns the Judith Ripka, Halston, LOGO by Lori Goldstein, and C. Wonder brands and a minority stake in the Isaac Mizrahi brand. It also owns and manages the Longaberger brand. The Company is engaged in pioneering a modern consumer products sales strategy, which includes the promotion and sale of products under its brands through interactive television, digital live-stream shopping, social commerce, brick-and-mortar retail, and e-commerce channels. Judith Ripka is a luxury jewelry brand and is available in fine jewelry stores, luxury retailers and via e-commerce. Lori Goldstein brands, including LOGO by Lori Goldstein, and the brand is available through the QVC channel.
XCEL BRANDS, INC. 
