 NEW YORK, Dec. 02, 2020 GLOBE NEWSWIRE -- Sequential Brands Group, Inc. Sequential or the Company NASDAQ:SQBG today announced that its Board of Directors has relaunched a broad exploration of strategic alternatives available to the Company to best position it for success and maximize value. Such strategic alternatives may include the sale of the Company or the divestiture of one or more existing brands. Stifel is the exclusive financial advisor for the process. The Company has successfully rationalized its cost structure and strengthened its relationships with key stakeholders during the past several months. We believe now is the right time to re-focus on the process of exploring strategic alternatives to fully maximize value for our shareholders, said William Sweedler, Executive Chairman of Sequential. 