Digital Brands Group Reports Second Quarter 2024 Financial Results
DBGIDigital Brands Group(DBGI) GlobeNewswire News Room·2024-08-20 04:30

Austin, TX, Aug. 19, 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 second quarter ended June 30, 2024. “The company paid off over 5.0 million in debt and other liabilities during the first half of this year. The Company also lowered its G&A expenses by 4.5 million during the same period. Based on conversations with strategic partners, we believe cleaning up the balance she ...