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Digital Brands Group Q3 revenues drop, but losses narrow

For the third quarter ended September 30, 2024, Digital Brands Group (DBG) reported a net revenue of 2.4 million dollars, down from 3.3 million dollars in the year prior. The company cited the dropping of its largest wholesale account as the core driver of this decline, a move that was due to single-digit gross margins and additional expenses....

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Digital Brands Group launches UK crowdfunding campaign

Digital Brands Group, the Los Angeles-based curated group of digital-first lifestyle brands, has launched its first ever round of international fundraising with a campaign on UK-based crowdfunding platform, Crowdcube. The fundraising is aimed to secure additional funds to accelerate the group’s continued expansion including plans to establish...

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