 NEW YORK, June 11, 2021 GLOBE NEWSWIRE -- Xcel Brands, Inc. NASDAQ: XELB Xcel or the Company, a media and consumer products company, is set to join the Russell Microcap Index at the conclusion of the 2021 Russell indexes annual reconstitution, effective after the U.S. market opens on June 28, according to a preliminary list of additions posted June 4. 