The Sequential Brands Group’s board of directors has re-launched a “broad exploration of strategic alternatives,” which may include the sale of the company or the disposal of one or more of its brands. The company’s vast portfolio includes sports brands such as And1, Avia and Heelys, among others. “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 the executive chairman, William Sweedler. The American investment bank Stifel is Sequential Brands’ exclusive financial advisor for the process.