After reporting the sale of its DVS brand of skate shoes to Elan Polo, the struggling Sequential Brands Group has announced the sale of Ellen Tracy for $17 million and Caribbean Joe for $3 million. The buyer is the GMA Group, which owns Capelli New York and other brands. SBG said the proceeds were immediately applied to its revolving loan. The company, which was said one month ago to be contemplating a bankruptcy filing, hasn’t yet published its results for the first quarter of 2021. It now says that it will release them after revised versions being prepared for its financial statements for the quarter ended last Sept. 30 and for all of last year.