Digital Brands Group Reported Earnings

Digital Brands Group (DBGI) reported a loss of $13.59 per share on revenue of $1.21 million for the . . Revenue fell 46.33% compared to the same quarter a year ago.

Digital Brands Group, Inc. offers a wide variety of apparel through wholesale and direct-to-consumer channels. The Company does business under the names DSTLD and Digital Brands Group. It is engaged in selling denim and other products direct-to-consumers. The Company's brands include DSTLD, ACE Studios and Bailey 44. DSTLD focuses on minimalist design and essential wardrobe pieces. DSTLD delivers casual luxury rooted in denim. ACE Studios designs and offers luxury men’s suiting. Bailey 44 delivers on-trend contemporary apparel. The Company's operating segments include: DSTLD and Bailey 44.