G-III Apparel Announced Master Licensing Partnership With Xcel Brands To Design And Produce All Categories And Distribute Products Globally For The Halston Business And All Of Its Brands
Portfolio Pulse from Benzinga Newsdesk
G-III Apparel has entered a 25-year master licensing partnership with Xcel Brands to design, produce, and distribute products globally for the Halston business and its brands. The agreement includes a purchase option at the end of the term.
June 06, 2023 | 11:13 am
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POSITIVE IMPACT
G-III Apparel's partnership with Xcel Brands for Halston products may boost its product offerings and global reach.
The partnership with Xcel Brands will allow G-III Apparel to expand its product offerings and distribution channels for the Halston business and its brands. This may lead to increased revenues and market share, positively impacting GIII's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
Xcel Brands' partnership with G-III Apparel for Halston products may enhance its design and production capabilities.
The partnership with G-III Apparel will enable Xcel Brands to leverage its design and production expertise for the Halston business and its brands. This may result in increased revenues and market share, positively impacting XELB's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100