tiprankstipranks
Company Announcements

Digital Brands Group Achieves 224% Digital Revenue Growth

Story Highlights
Digital Brands Group Achieves 224% Digital Revenue Growth

An update from Digital Brands Group ( (DBGI) ) is now available.

Digital Brands Group announced a significant 224% increase in digital revenue following a 45-day marketing partnership with VaynerCommerce, a digital growth agency. This partnership has positively impacted DBG’s operations by enhancing their digital marketing strategies, indicating a promising shift in their market positioning and potential benefits for stakeholders.

More about Digital Brands Group

Digital Brands Group, Inc. is a company that offers a wide variety of apparel through numerous brands on both a direct-to-consumer and wholesale basis. The company is digitally native-first and focuses on leveraging customer data and purchase history to create personalized content and looks, aiming to own the customer’s ‘closet share.’

YTD Price Performance: -97.61%

Average Trading Volume: 22,198,105

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $3.01M

For detailed information about DBGI stock, go to TipRanks’ Stock Analysis page.

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1