By Nicholas G. Miller
Shares of Xcel Brands rose after the company said it will collaborate with TV personality Cesar Millan and the company K9 Wear to form a new pet brand.
The stock advanced 8.3% to $1.80 in late trading on Monday, after spiking as much as 22% following the announcement. Shares touched a 52-week low of $1.48 in the market session before edging higher at the close. Through the regular session the stock is down 68% this year.
The New York-based consumer products company said the new brand, Trust. Respect. Love by Cesar Millan, will sell pet toys, training tools and nutrition products. Millan is a dog expert who became widely known following the success of his TV show, "Dog Whisperer with Cesar Millan."
Write to Nicholas G. Miller at nicholas.miller@wsj.com.
(END) Dow Jones Newswires
July 14, 2025 17:45 ET (21:45 GMT)
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