Business
One year after its listing, Digital Brands Group is battling bankruptcy
When Digital Brands Group became a listed company in May 2021, it did not foresee it would be staving off bankruptcy less than one year later. The group, which operates brands DSTLD, ACE Studios, Bailey 44, Harper & Jones and Stateside, raised 10 million dollars at its offering, but today is warning it must raise additional capital to improve...
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