Xcel Brands appoints Olin C. Lancaster as Chief Revenue Officer to drive growth and enhance brand value.
Quiver AI Summary
Xcel Brands, Inc. has appointed Olin C. Lancaster as its new Chief Revenue Officer, bringing over 30 years of experience in global consumer brands. Lancaster has held senior roles at notable companies such as Ralph Lauren and Meridian Brands, where he demonstrated strong capabilities in revenue growth and brand management. Xcel's Chairman and CEO, Robert W. D’Loren, highlighted Lancaster's impressive track record and extensive experience as key assets for the company’s strategy to expand its portfolio of creator-led brands. Lancaster expressed enthusiasm for joining Xcel, acknowledging the complexities of brand activation in today's market and emphasizing Xcel's dual focus on media and brand management. Xcel Brands is known for its innovative approach to commerce, leveraging various channels, including live streaming and social media, to drive sales and engage with customers.
Potential Positives
- The appointment of Olin C. Lancaster as Chief Revenue Officer brings a highly experienced leader with a proven track record in driving revenue growth and brand building, which could enhance Xcel Brands' market position.
- His vision to activate and monetize brands through innovative methods aligns with Xcel's strategy as a media company, which could attract new partners and enhance brand value.
- The press release underlines Xcel's successful sales strategies, showcasing their innovative approaches in live streaming and social commerce that have generated over $5 billion in retail sales, indicating strong market performance.
Potential Negatives
- Appointment of a new Chief Revenue Officer may indicate previous leadership challenges or a need for a fresh perspective in driving revenue growth.
- The press release highlights the difficulty and expense of activating and monetizing brands, suggesting potential struggles in current business strategies.
FAQ
What is Xcel Brands, Inc.?
Xcel Brands, Inc. is a media and consumer products company focused on the design, licensing, and marketing of branded products.
Who was appointed as Chief Revenue Officer?
Olin C. Lancaster has been appointed as the Chief Revenue Officer at Xcel Brands.
What is Olin Lancaster's professional background?
Olin Lancaster has over 30 years of experience in global consumer brands, holding senior roles at major companies like Ralph Lauren and DKNY.
How does Xcel Brands utilize social commerce?
Xcel Brands employs social commerce by integrating live streaming, social media, and online sales channels to enhance consumer engagement.
What brands does Xcel Brands own?
Xcel Brands owns several consumer brands including Halston, Judith Ripka, and C. Wonder, among others.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$XELB Insider Trading Activity
$XELB insiders have traded $XELB stock on the open market 2 times in the past 6 months. Of those trades, 2 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $XELB stock by insiders over the last 6 months:
- LOREN ROBERT W D (CEO and Chairman) purchased 124,200 shares for an estimated $136,620
- MARK DISANTO purchased 91,800 shares for an estimated $100,980
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We have seen 0 institutional investors add shares of $XELB stock to their portfolio, and 0 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
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Full Release
NEW YORK, Sept. 19, 2025 (GLOBE NEWSWIRE) -- Xcel Brands, Inc. (NASDAQ: XELB), a media and consumer products company known for building influential, creator-led brands, today announced the appointment of Olin C. Lancaster as Chief Revenue Officer. With more than three decades of leadership in global consumer brands, Lancaster brings a proven track record of driving revenue growth, brand building, and operational excellence.
Lancaster’s career spans senior leadership roles at Kenneth Cole, DKNY, Global Brands Group, Ralph Lauren, and most recently Meridian Brands, where he served as CEO. At Ralph Lauren, he oversaw the North American wholesale business which experienced significant growth and profit expansion during his tenure. At Meridian, he guided the company through a successful rebrand and restructuring, significantly strengthening profitability and operational performance.
“Olin is one of the most respected leaders in our industry with an unmatched ability to scale brands and drive profitability,” said Robert W. D’Loren, Chairman and CEO of Xcel Brands. “His extensive experience across wholesale, retail, and brand operations makes him a powerful addition to our leadership team as we continue to expand our portfolio of creator-led and digitally driven businesses.”
“I am truly excited to join XCEL and work closely with Bob D'Loren and the team. Activating and monetizing brands today is difficult and expensive. XCEL is as much a media company as it is a brand management and licensing company, and I believe that is the real unlock in our ability to attract and create value with our partners, both on the founder/creative side and with our operators,” said Olin Lancaster.
Originally from Dallas, Texas, Lancaster is a graduate of Southern Methodist University, where he earned a BA in History with minors in Business and Economics. Lancaster also serves on the board of Mizzen + Main and is an active supporter of The Meadows Foundation in Dallas.
For more information, please visit
www.xcelbrands.com
About Xcel Brands
Xcel Brands, Inc. (NASDAQ: XELB) is a media and consumer products company engaged in the design, licensing, 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. Xcel was founded in 2011 with a vision to reimagine shopping, entertainment, and social media as social commerce. Xcel owns the Halston, Judith Ripka, and C. Wonder brands, as well as the co-branded collaboration brands Towerhill by Christie Brinkley, Trust. Respect. Love by Cesar Millan, GemmaMade by Gemma Stafford, and a brand in development with Coco Rocha and also holds noncontrolling interests or long-term license agreements in the Isaac Mizrahi brand, Orme Live, and Mesa Mia by Jenny Martinez. Xcel also owns and manages the Longaberger brand through its controlling interest in Longaberger Licensing, LLC. Xcel is pioneering a true 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 retailers, and e-commerce channels to be everywhere its customers shop. The company’s brands have generated in excess of $5 billion in retail sales via livestreaming in interactive television and digital channels alone, and over 20,000 hours of content production time in live-stream and social commerce. The brand portfolio reaches in excess of 43 million social media followers with broadcast reach into 200 million households. Headquartered in New York City, Xcel Brands is led by an executive team with significant live streaming, production, merchandising, design, marketing, retailing, and licensing experience, and a proven track record of success in elevating branded consumer products companies. For more information, visit
www.xcelbrands.com
.
For further information please contact:
Seth Burroughs
Xcel Brands
[email protected]
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/71b1e75c-9e66-4e2b-ac0d-d15f6a52da53
