
XCEL BRANDS announces sale of luxury fine jewelry brand Judith Ripka

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Xcel Brands (XELB) has announced the sale of luxury fine jewelry brand Judith Ripka for approximately $3 million. CEO Robert D’Loren expressed satisfaction in finding a strategic buyer to continue the brand's legacy. Xcel Brands specializes in building influencer-led brands through social commerce and live streaming, with a diverse portfolio that includes several well-known brands and a significant presence in retail sales via digital channels.
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