Digital Brands Group, Inc. provides apparel under various brands on direct-to-consumer and wholesale basis. It operates as a digitally native vertical brand that sources products from third-party manufacturers and sells directly to the end consumer through its websites, as well as through its wholesale channel in specialty stores, select department stores, and own showrooms. The company offers denims under the DSTLD brand; and luxury men's suiting under the ACE Studios brand. It also designs, manufactures, and sells women's apparel, including dresses, tops, jumpsuits, bottoms, sets, jackets, and rompers under the Bailey brand. The company was formerly known as Denim.LA, Inc. Digital Brands Group, Inc. was founded in 2012 and is headquartered in Austin, Texas.
IPO Year: 2021
Exchange: NASDAQ
Website: digitalbrandsgroup.co
10-Q - Digital Brands Group, Inc. (0001668010) (Filer)
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8-K - Digital Brands Group, Inc. (0001668010) (Filer)
10-K - Digital Brands Group, Inc. (0001668010) (Filer)
8-K - Digital Brands Group, Inc. (0001668010) (Filer)
NT 10-K - Digital Brands Group, Inc. (0001668010) (Filer)
8-K - Digital Brands Group, Inc. (0001668010) (Filer)
8-K - Digital Brands Group, Inc. (0001668010) (Filer)
8-K - Digital Brands Group, Inc. (0001668010) (Filer)
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AUSTIN, Texas, Nov. 11, 2021 /PRNewswire/ -- Digital Brands Group, Inc. ("DBG" or the "Company") (NASDAQ:DBGI), a digitally first portfolio company, today announced Lucy Doan has been elected to the Digital Brands Group, Inc. Board of Directors. Doan brings 25 years of financial and strategic experience in the consumer industry, including several publicly traded companies. She currently serves on the Board of Directors of Grunt Style, an online apparel company. "We are excited to add Ms. Doan to the Board of Directors as she provides significant accounting, finance and consumer strategic experience in both the direct to consumer and the wholesale channels. She understands that retail is ch
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 conference I.D. code is 288336 or referencing Digital Brands or via the web by using the following link: https://www.webcaster4.com/Webcast/Page/3044/51655 About Digital Brands Group We offer a wid
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.D. code is 393166 or referencing Digital Brands or via the web by using the following link: https://www.webcaster4.com/Webcast/Page/3044/51112. About Digital Brands Group We offer a wide variety o
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 operating leverage to continue throughout the year. In fact, this operating leverage coupled with higher revenues will result in higher flow through to our operating and net income," said Hil Davis, CE
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. code is 817721 or referencing Digital Brands or via the web by using the following link: https://www.webcaster4.com/Webcast/Page/3044/50662. About Digital Brands Group We offer a wide variety o
AUSTIN, April 12, 2024 /PRNewswire/ -- Digital Brands Group, Inc. ("DBG") (NASDAQ:DBGI), a curated collection of luxury lifestyle, digital-first brands, will report financial results for the fourth quarter ended December 31, 2023 on Monday, April 15, 2023 at 4:30 p.m. ET. Management will host a conference call on Monday, April 15 at 5:00 p.m. ET to discuss the results. The live conference call can be accessed by dialing 866-605-1828 from the U.S. or internationally. The conference I.D. code is 13746007 or referencing Digital Brands or via the web by using the following link: https://event.choruscall.com/mediaframe/webcast.html?webcastid=jg0EmFTQ. About Digital Brands GroupWe offer a wide
AUSTIN, Texas, Aug. 15, 2023 /PRNewswire/ -- 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, 2023 on Thursday, August 17, 2023 at 9:30 a.m. ET. Management will host a conference call on Thursday, August 17 at 10:30 a.m. ET to discuss the results. The live conference call can be accessed by dialing (866) 605-1828 from the U.S. or internationally. The conference I.D. code is 13740703 or via the web by using the following link: https://event.choruscall.com/mediaframe/webcast.html?webcastid=O1i6mEmc. About Digital Brands GroupWe offer a wide variety of apparel t
Revenues increased 48.4% to $5.1 million Gross margin increased 113.9% to $2.4 million AUSTIN, Texas, May 22, 2023 /PRNewswire/ -- 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, 2023. "We are pleased to see the significant operating leverage we experienced with the acquisition of Sundry, and still expect to achieve positive EBITDA this fall even in a challenging macro environment" said Hil Davis, CEO of Digital Brands Group. "We are also excited about our two new revenue channels that launch this Fall, which are our proprietary affiliate program and our
AUSTIN, Texas, May 19, 2023 /PRNewswire/ -- 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 31, 2023 on Monday, May 22, 2023 at 9:30 a.m. ET. Management will host a conference call on Monday, May 22 at 10:00 a.m. ET to discuss the results. The live conference call can be accessed by dialing (866) 605-1828 from the U.S. or internationally. The conference I.D. code is 13739029 or via the web by using the following link: https://event.choruscall.com/mediaframe/webcast.html?webcastid=VEEr5XVj. About Digital Brands GroupWe offer a wide variety of apparel through nume
AUSTIN, Texas, April 14, 2023 /PRNewswire/ -- Digital Brands Group, Inc. ("DBG") (NASDAQ:DBGI), a curated collection of luxury lifestyle, digital-first brands, will report financial results for the fourth quarter and fiscal year ended December 31, 2022 on Monday, April 17, 2023 at 4:00 p.m. ET. Management will host a conference call on Monday, April 17 at 4:30 p.m. ET to discuss the results. The live conference call can be accessed by dialing (866) 605-1828 from the U.S. or internationally. The conference I.D. code is 13738180 or via the web by using the following link: https://event.choruscall.com/mediaframe/webcast.html?webcastid=6iDznF2B. About Digital Brands GroupWe offer a wide variety
AUSTIN, Texas, March 2, 2023 /PRNewswire/ -- Digital Brands Group, Inc. ("we", "us", "DBG"or the "Company") (NASDAQ:DBGI), a curated collection of luxury lifestyle, digital-first brands, announced today that it will host a conference call on Tuesday, March 7 at 10:00 a.m. ET to discuss the State of the Union post our Sundry Acquisition. The live conference call can be accessed by dialing (866) 605-1828 from the U.S. or internationally. The conference I.D. code is 13736884 or via the web by using the following link: https://bit.ly/3mlPrve. The conference call will cover the following topics: An update on the Sundry integration;The strategic repositioning of Sundry and the positive wholesale
Austin, TX, April 22, 2025 (GLOBE NEWSWIRE) -- Digital Brands Group, Inc. ("DBG") (OTC:DBGI), a curated collection of luxury lifestyle brands, is pleased to announce a strategic partnership with Amaze (NYSE American: AMZE) ("Amaze" or the "Company"), a global leader in creator-powered commerce. Digital Brands Group becomes the first third-party partner to offer its products on the recently revamped Teespring Marketplace by Amaze. Through this partnership, Amaze customers will soon be able to shop AVO by DSTLD, one of Digital Brands Group's fashion labels that offers knits, wovens, and jeans for multiple occasions, directly within Teespring Marketplace. This evolution broadens the Teesprin
Austin, TX, April 22, 2025 (GLOBE NEWSWIRE) -- Digital Brands Group, Inc. ("DBG") (OTC:DBGI), a curated collection of luxury lifestyle brands, is pleased to announce a strategic partnership with Amaze (NYSE American: AMZE) ("Amaze" or the "Company"), a global leader in creator-powered commerce. Digital Brands Group becomes the first third-party partner to offer its products on the recently revamped Teespring Marketplace by Amaze. Through this partnership, Amaze customers will soon be able to shop AVO by DSTLD, one of Digital Brands Group's fashion labels that offers knits, wovens, and jeans for multiple occasions, directly within Teespring Marketplace. This evolution broadens the Teesprin
Austin, TX, Feb. 20, 2025 (GLOBE NEWSWIRE) -- Digital Brands Group, Inc. ("Digital Brands Group") (OTC: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 raise, which significantly bolsters the balance sheet. We will invest in other growth initiatives, including but not limited to, Tik Tok Live, digital marketing, and influencer partnerships, which we have e
Austin, TX, Feb. 13, 2025 (GLOBE NEWSWIRE) -- Digital Brands Group, Inc. ("DBG") (OTC: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 proceeds from the offering, before deducting the placement agent's fees and other offering expenses, are expected to be $7.5 million. DBG intends to use the net proceeds of the offering for working capital, gen
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 through the elimination of $5.2 million in convertible notes, other debt, and aged accounts payable. Due to the elimination of interest expense from the above, we believe the Company's interes
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 revenues. This partnership has already led to a 224% increase in daily digital revenues during the 45 day period (October 22nd, 2024 to December 5th, 2024) after VAYNERCOMMERCE began providing DBG wit
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 continue to trade on Nasdaq under the symbol "DBGI" and will begin trading on a split-adjusted basis when the market opens on December 13, 2024. The new CUSIP number for the common stock following the Rev
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 their audience through comments and reactions while streaming live video content showcasing our products. "We are excited to partner with VAYNERCOMMERCE on our Tik Tok launch, since they have exp
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 network. The first influencer videos for our Sundry, Stateside, and Avo brands will launch next week, and we have already shipped the first round of products to the influencers we selected for the la
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 on increasing top line growth. As we stated in our press release yesterday, we partnered with VAYNERCOMMERCE to drive digital revenue, which we announced is already working". "This was the firs
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