Tag: footwear

SANTO DOMINGO, Dominican Republic, Aug. 08, 2025 (GLOBE NEWSWIRE) -- On Tuesday, August 12th, the Dominican Republic is celebrating the National Free Zone's Day with a high-level event organized by the Ministry of Industry, Commerce and MSMEs (MICM), in collaboration with the National Free Zones Council and the Dominican Association of Free Zones (ADOZONA). The event aims to commemorate the achievements of the free zone regime and to highlight the sector’s crucial economic and social contributions to the country.

NEW YORK, Aug. 01, 2025 (GLOBE NEWSWIRE) -- Xcel Brands (NASDAQ: XELB), a leading media and consumer products company known for building socially driven, live-commerce-focused brands, today announced the pricing of its public offering of 2,181,818 shares of common stock at a public offering price of $1.10 per share. In a concurrent private placement, the Company also agreed to issue and sell an aggregate of 145,147 unregistered shares to certain insiders of the Company including the Company’s Chief Executive Officer, Robert D'Loren, at a purchase price of $1.36, which is equal to the closing price of the Company’s common stock on July 31, 2025. The closing of the offering is expected to occur on or about August 4, 2025, subject to the satisfaction of customary closing conditions.

The global adhesives and sealants market size is expected to be worth USD 126.50 billion by 2034, increasing from USD 76.53 billion in 2025 and is growing at a CAGR of 5.75% from 2025 to 2034, fueled by green construction, EV adoption, and packaging innovations.