April 6, 2018
Brand manager to launch new sourcing model at Hudson's Bay and Lord & Taylor.
Xcel will design and manage the manufacturing of the four lines through its Quick
Time Response model, which allows retailers to quickly manage inventory in today's fast-paced retail market. The model will allow Hudson's Bay and Lord & Taylor to manage dynamic assortments of inventory in direct respond to customer demands.
"We are very excited to implement this truly ground breaking business model innovation in our industry," says Robert D'Loren, chairman and chief executive officer, Xcel Brands. "We look forward to working with the team at Hudson's Bay and Lord & Taylor in launching this much-needed inventory management solution."
Hudson's Bay and Lord & Taylor will be the exclusive retail partners for the program inthe U.S. and Canada. The collections will be available at both retailers' physical stores and website beginning in spring 2016.
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