Digital Brands Group, Inc. (DBGI)

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8.80

+0.25

+(2.92%)

At close: April 2 at 3:56:11 PM EDT

Digital Brands Group Inc. Acquires Assets of Open Daily Technologies Inc., a Virtual Shopping Innovation Company

Austin, Texas, April 02, 2025 (GLOBE NEWSWIRE) -- Digital Brands Group, Inc. (OTC Markets: DBGI), a publicly traded company specializing in eCommerce and Fashion, today announced that it has acquired the assets of Open Daily Technologies Inc. (“Open Daily”), a company pioneering virtual shopping solutions that enhance online retail experiences and drive consumer engagement, in exchange for 344,827 shares of common stock of Digital Brands Group, Inc. Open Daily: Transforming Online Retail Open Da

GlobeNewswire 4 hours ago

DBGI
+2.92%
Digital Brands Group Submits an Application to Uplist to a National Securities Exchange

Austin, TX, Feb. 20, 2025 (GLOBE NEWSWIRE) -- Digital Brands Group, Inc. (“Digital Brands Group”) (OTC Pink: DBGI), a curated collection of luxury lifestyle, digital-first brands, announced today that it has submitted an application to list its common stock on a national securities exchange. "We believe that an uplisting to a national securities exchange is the next logical step in our growth journey," stated Hil Davis, CEO of Digital Brands Group. "Yesterday we closed a $7.5 million capital rai

GlobeNewswire last month

DBGI
+2.92%
DBGI Announces Pricing of $7.5 Million Public Offering of Units of Common Stock and/or Pre-Funded Warrants and Warrants

Austin, TX, Feb. 13, 2025 (GLOBE NEWSWIRE) -- Digital Brands Group, Inc. (“DBG”) (OTC PINK: DBGI), a curated collection of luxury lifestyle brands, announces the pricing of its public offering of an aggregate of 11.36 million units, of which each unit includes a share of common stock and/or pre-funded warrant to purchase common stock, plus two common stock purchase warrants, at a public offering price of $0.66 per unit (minus $0.0001 per unit that includes a pre-funded warrant). The gross procee

GlobeNewswire last month

DBGI
+2.92%
DBG Provides Shareholder Update

Improvement in Financial Condition Allows Focus on Revenue Growth Austin, TX, Dec. 16, 2024 (GLOBE NEWSWIRE) -- Digital Brands Group, Inc. (“DBG”) (NASDAQ: DBGI), a curated collection of luxury lifestyle brands, is pleased to provide an update to its shareholders regarding recent activities and future initiatives for growth as detailed below. Benefits to Net Income and Shareholder Equity The Company has made notable progress since May of 2024 in improving its financial condition, including throu

GlobeNewswire 3 months ago

DBGI
+2.92%
DBGIW
DBG Announces First 45 Day Results with VAYNERCOMMERCE resulting in a 224% increase in digital revenue

Austin, TX, Dec. 12, 2024 (GLOBE NEWSWIRE) -- Digital Brands Group, Inc. (“DBG”) (NASDAQ: DBGI), a curated collection of luxury lifestyle brands, today announces the first 45 day results since it entered into a marketing partnership on October 21, 2024, with VAYNERCOMMERCE, https://vaynercommerce.com/. VAYNERCOMMERCE is a full service digital growth agency created by Gary Vaynerchuk, also known as GARYVEE. VAYNERCOMMERCE’s services aim to help digital companies scale their online presence and re

GlobeNewswire 3 months ago

DBGI
+2.92%
DBGIW
Digital Brands Announces 1-for-50 Reverse Stock Split

Austin, TX, Dec. 11, 2024 (GLOBE NEWSWIRE) -- Digital Brands Group, Inc. (“DBG”) (NASDAQ: DBGI), a curated collection of luxury lifestyle brands, today announces that it will effectuate a 1-for-50 reverse split (the “Reverse Split”) of its common stock that will become effective on December 13, 2024. The Company expects that the reverse stock split will allow the Company to regain compliance with the $1.00 minimum bid price requirement of the Nasdaq Capital Market. DBG’s common stock will contin

GlobeNewswire 3 months ago

DBGI
+2.92%
DBGIW
DBG Partners with VAYNERCOMMERCE to Launch AVO on Tik Tok Shop & Tik Tok Live

Austin, TX, Dec. 05, 2024 (GLOBE NEWSWIRE) -- Digital Brands Group, Inc. (“DBG”) (NASDAQ: DBGI), a curated collection of luxury lifestyle brands, today announces that it has partnered with VAYNERCOMMERCE to launch AVO on Tik Tok Shop and Tik Tok Live. Digital Brands Group will leverage the studios and influencer talent that VAYNERCOMMERCE has already built to launch these Tik Tok channels. Tik Tok is a live broadcast that allows our influencers and moderators to interact and engage directly with

GlobeNewswire 3 months ago

DBGI
+2.92%
DBGIW
DBG Partners with LTK, a Large Influencer Platform, Receiving Strong Interest from Influencers With First Influencer Videos Launching Next Week

Austin, TX, Nov. 20, 2024 (GLOBE NEWSWIRE) -- Digital Brands Group, Inc. (“DBG”) (NASDAQ: DBGI), a curated collection of luxury lifestyle brands, today announces that it has partnered with LTK, one of the largest domestic full service influencer platforms. Shortly after the commencement of our partnership, we received interest from their influencer network with respect to our Sundry, Stateside, and Avo brands. We believe this shows the opportunity to scale our consumer outreach through the LTK n

GlobeNewswire 4 months ago

DBGI
+2.92%
DBGIW
Digital Brands Group Inc (DBGI) Q3 2024 Earnings Call Highlights: Strategic Partnerships and ...

Despite revenue challenges, Digital Brands Group Inc (DBGI) focuses on strategic initiatives and financial restructuring to enhance profitability.

GuruFocus.com 4 months ago

DBGIW
Digital Brands Group Reports Third Quarter 2024 Financial Results

Austin, TX, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Digital Brands Group, Inc. (“DBG”) (NASDAQ: DBGI), a curated collection of luxury lifestyle, digital-first brands, today reported financial results for its third quarter ended September 30, 2024. “Our third quarter was the last quarter we significantly focused on paying down debt and liabilities given the soft macro economy and the overhang of the election. Starting in October this year, we transitioned from cleaning up the balance sheet to focusing

GlobeNewswire 4 months ago

DBGI
+2.92%
DBGIW
DBG Announces Marketing Partnership with VAYNERCOMMERCE, already resulting in a 34% increase in digital revenue and a 7% Increase in Average Order Volume

Austin, TX, Nov. 13, 2024 (GLOBE NEWSWIRE) -- Digital Brands Group, Inc. (“DBG”) (NASDAQ: DBGI), a curated collection of luxury lifestyle brands, today announces that it entered into a marketing partnership on October 21, 2024, with VAYNERCOMMERCE, https://vaynercommerce.com/. VAYNERCOMMERCE is a full service digital growth agency created by Gary Vaynerchuk, also known as GARYVEE. VAYNERCOMMERCE’s services aim to help digital companies scale their online presence and revenues. This partnership h

GlobeNewswire 4 months ago

DBGI
+2.92%
DBGIW
Digital Brands Group to Report Third Quarter 2024 Financial Results on Thursday, November 14, 2024

Austin, TX, Nov. 13, 2024 (GLOBE NEWSWIRE) -- Digital Brands Group, Inc. (“DBG”) (NASDAQ: DBGI), a curated collection of luxury lifestyle, digital-first brands, will report financial results for the third quarter ended September 30, 2024 on Thursday, November 14, 2024 at 4:30 p.m. ET. Management will host a conference call on Thursday, November 14, 2024 at 5:00 p.m. ET to discuss the results. The live conference call can be accessed by dialing 877-545-0523 from the U.S. or internationally. The c

GlobeNewswire 4 months ago

DBGI
+2.92%
DBGIW
DBG Pays Off $1.3 Million in Convertible Notes, which Retires All of the Company’s Convertible Notes

Austin, TX, Nov. 07, 2024 (GLOBE NEWSWIRE) -- Digital Brands Group, Inc. (“DBG” or “Company”) (NASDAQ: DBGI), a curated collection of luxury lifestyle brands, today announces that it has paid off $1.3 million in outstanding convertible notes (the “Remaining Convertible Notes”). As a result of this payoff, the Company has now retired all debt securities that were convertible into the Company’s common stock. “This was a significant step in cleaning up the balance sheet, which also removed the over

GlobeNewswire 4 months ago

DBGI
+2.92%
DBGIW
DBG Announces Launch of AVO, A New Direct-To-Consumer Brand, After Successful Beta Test

Austin, TX, Sept. 04, 2024 (GLOBE NEWSWIRE) -- Digital Brands Group, Inc. (“DBG”) (NASDAQ: DBGI), a curated collection of luxury lifestyle brands, today announces the launch of AVO a new direct-to-consumer (DTC) brand (https://shopavo.la/). As other premium brands have increased retail prices due to inflation, the Company believes an opportunity has opened to deliver premium apparel at lower prices by pursuing a DTC model that also provides significant discounts for bundling multiple products. T

GlobeNewswire 6 months ago

DBGI
+2.92%
DBGIW
Digital Brands Group Reports Second Quarter 2024 Financial Results

Austin, TX, Aug. 19, 2024 (GLOBE NEWSWIRE) -- Digital Brands Group, Inc. (“DBG”) (NASDAQ: DBGI), a curated collection of luxury lifestyle, digital-first brands, today reported financial results for its second quarter ended June 30, 2024. “The company paid off over $5.0 million in debt and other liabilities during the first half of this year. The Company also lowered its G&A expenses by $4.5 million during the same period. Based on conversations with strategic partners, we believe cleaning up the

GlobeNewswire 7 months ago

DBGI
+2.92%
DBGIW
Digital Brands Group to Report Second Quarter 2024 Financial Results on Monday, August 19, 2024

Austin, TX, Aug. 14, 2024 (GLOBE NEWSWIRE) -- Digital Brands Group, Inc. (“DBG”) (NASDAQ: DBGI), a curated collection of luxury lifestyle, digital-first brands, will report financial results for the second quarter ended June 30, 2024 on Monday, August 19, 2024 at 4:30 p.m. ET. Management will host a conference call on Monday, August 19, 2024 at 5:00 p.m. ET to discuss the results. The live conference call can be accessed by dialing 888-506-0062 from the U.S. or internationally. The conference I.

GlobeNewswire 7 months ago

DBGI
+2.92%
DBGIW
DBG Announces Successful Launch of its New DTC Strategy DSTLD Orders Rise 144% Since June Launch

Austin, TX, July 31, 2024 (GLOBE NEWSWIRE) -- Digital Brands Group, Inc. (“DBG”) (NASDAQ: DBGI), a curated collection of luxury lifestyle, digital-first brands, today announces a successful launch of its new DTC strategy. The new strategy focuses on driving significant customer value through discounts offered to customers who bundle multiple units in one purchase, which is referred to as “Build Your Own Bundle” or BYOB. Since launching this new BYOB strategy in mid-June, DSTLD has experienced a

GlobeNewswire 7 months ago

DBGI
+2.92%
DBGIW
Digital Brands Group reports decreased net loss in Q1 FY24

The company’s revenue decreased by $0.8m to $3.6m over the quarter.

Retail Insight Network 10 months ago

DBGIW
Digital Brands Group Reports First Quarter 2024 Financial Results

Loss from operations was $225,000 versus $3.7 million a year ago Austin, TX, May 20, 2024 (GLOBE NEWSWIRE) -- Digital Brands Group, Inc. (“DBG”) (NASDAQ: DBGI), a curated collection of luxury lifestyle, digital-first brands, today reported financial results for its first quarter ended March 31, 2024. “Despite a timing shift in our wholesale shipments, which shifted revenue from the first quarter to the second quarter, we experienced significant operating expense leverage. We expect this operatin

GlobeNewswire 10 months ago

DBGI
+2.92%
DBGIW
Digital Brands Group to Report First Quarter 2024 Financial Results on Monday, May 20, 2024

Austin, TX, May 17, 2024 (GLOBE NEWSWIRE) -- Digital Brands Group, Inc. (“DBG”) (NASDAQ: DBGI), a curated collection of luxury lifestyle, digital-first brands, will report financial results for the first quarter ended March 30, 2024 on Monday, May 20, 2024 at 9:30 a.m. ET. Management will host a conference call on Monday, May 20, 2024 at 10:30 a.m. ET to discuss the results. The live conference call can be accessed by dialing 888-506-0062 from the U.S. or internationally. The conference I.D. cod

GlobeNewswire 10 months ago

DBGI
+2.92%
DBGIW

Performance Overview

Return	DBGI	S&P 500 (^GSPC)
YTD	+393.27%	-3.58%
1-Year	-95.48%	+8.94%
3-Year	-100.00%	+24.75%

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Digital Brands Group, Inc. (DBGI)

Digital Brands Group Inc. Acquires Assets of Open Daily Technologies Inc., a Virtual Shopping Innovation Company

Digital Brands Group Submits an Application to Uplist to a National Securities Exchange

DBGI Announces Pricing of $7.5 Million Public Offering of Units of Common Stock and/or Pre-Funded Warrants and Warrants

DBG Provides Shareholder Update

DBG Announces First 45 Day Results with VAYNERCOMMERCE resulting in a 224% increase in digital revenue

Digital Brands Announces 1-for-50 Reverse Stock Split

DBG Partners with VAYNERCOMMERCE to Launch AVO on Tik Tok Shop & Tik Tok Live

DBG Partners with LTK, a Large Influencer Platform, Receiving Strong Interest from Influencers With First Influencer Videos Launching Next Week

Digital Brands Group Inc (DBGI) Q3 2024 Earnings Call Highlights: Strategic Partnerships and ...

Digital Brands Group Reports Third Quarter 2024 Financial Results

DBG Announces Marketing Partnership with VAYNERCOMMERCE, already resulting in a 34% increase in digital revenue and a 7% Increase in Average Order Volume

Digital Brands Group to Report Third Quarter 2024 Financial Results on Thursday, November 14, 2024

DBG Pays Off $1.3 Million in Convertible Notes, which Retires All of the Company’s Convertible Notes

DBG Announces Launch of AVO, A New Direct-To-Consumer Brand, After Successful Beta Test

Digital Brands Group Reports Second Quarter 2024 Financial Results

Digital Brands Group to Report Second Quarter 2024 Financial Results on Monday, August 19, 2024

DBG Announces Successful Launch of its New DTC Strategy DSTLD Orders Rise 144% Since June Launch

Digital Brands Group reports decreased net loss in Q1 FY24

Digital Brands Group Reports First Quarter 2024 Financial Results

Digital Brands Group to Report First Quarter 2024 Financial Results on Monday, May 20, 2024

Performance Overview