Most recently, Castellano was president of Tommy Hilfiger Women’s Denim and Sportswear division at G-III Apparel Group.
The new footwear, apparel and accessories collections will launch later this year across all retail channels.
The 25-piece collection is inspired by the Eighties working woman.
The actress and the yoga brand have linked for a multiyear partnership that includes a yoga wear capsule codesigned by Biel.
She will also be selling beauty products, garden tools and gourmet foods on QVC.
Karen Murray, the new chief executive officer of Sequential Brands, received the Inspiration of Excellence Award.
The deal will include a variety of products, from skincare to food and beverages.
She will work to increase the brands’ digital presence, categories and international presence.