SEC filings · customer concentration · XELB

XCel Brands's major customers

Qurate Retail Group accounted for 20% of XCel Brands's revenue in FY 2025, down from 44% a year earlier.

1major customers now
20%of revenue from them
0listed suppliers depending on it
2020–2026years covered
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Major customers of XCel Brands

Customers that XCel Brands named in its annual report as 10% or more of revenue. A missing year means the customer was below that line or not named.

CustomerShare of revenueChange vs prior yearHistoryLatest filing
Qurate Retail Group20%▼ from 44%FY 2020: 60%FY 2021: 50%FY 2022: 44%FY 2023: 34%FY 2024: 44%FY 2025: 20%6 yearsFY 2025 · filed 15 Apr 2026

Formerly disclosed

CustomerShare of revenueChange vs prior yearHistoryLatest filing
Halston Brand31%last FY 2024FY 2023: 9%FY 2024: 31%2 yearsFY 2024 · filed 28 May 2025

About this data

US-listed companies must disclose revenue from any single customer that reaches 10% of their total (ASC 280). ShadowGraph reads these disclosures from the XBRL data of every 10-K and 20-F we scan, keeps one value per fiscal year (restatements replace earlier values) and links each number to its filing. Companies that describe a customer only as "Customer A" are not listed by name. Figures are as reported; nothing here is investment advice.

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