DIGITAL BRANDS GROUP, INC. Announces Partnership Results with VAYNERCOMMERCE

Digital Brands Group, Inc. (NASDAQ: DBGI) revealed significant growth following its recent marketing collaboration with VAYNERCOMMERCE, as disclosed in a Current Report filed with the Securities and Exchange Commission on December 12, 2024.

The partnership, which commenced on October 21, 2024, has resulted in a notable 224% surge in digital revenues over the initial 45-day period of collaboration. VAYNERCOMMERCE, founded by Gary Vaynerchuk (GARYVEE), offers full-service digital growth solutions aimed at enhancing online presence and revenue streams for digital brands.

Hil Davis, the Chief Executive Officer of Digital Brands Group, expressed optimism about the partnership, stating, “We made the decision to outsource digital marketing services to VAYNERCOMMERCE based on their reputation in the industry. We felt that we could benefit from an outside performance-driven marketing solution team that can focus its efforts on improving our marketing campaigns. We have just begun this journey with them and are already experiencing an increase in our results.”

The press release announcing the collaboration and its outcomes, attached as Exhibit 99.1 to the filing, detailed the strategies implemented and outcomes achieved during the designated period. It emphasized the intention to capitalize on VAYNERCOMMERCE’s expertise to enhance Digital Brands Group’s marketing performance.

The filing also outlined that forward-looking statements are subject to risks and uncertainties, urging caution as actual results may differ from those expressed or implied in such statements. It further highlighted various potential risks that could impact the operations or financial standing of Digital Brands Group.

Digital Brands Group, Inc., known for its curated collection of luxury lifestyle brands, operates with a digitally native-first vertical brand approach, targeting both direct-to-consumer and wholesale channels. The company’s focus lies in personalizing customer experiences through data-driven strategies to enhance customer engagement and satisfaction.

For further information, interested parties can access Digital Brands Group, Inc. through the provided company contact details.

Source: SEC Filing on December 12, 2024

This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read Digital Brands Group’s 8K filing here.

Digital Brands Group Company Profile

Digital Brands Group, Inc engages in the provision of apparel products under various brands on direct-to-consumer and wholesale basis. It operates through DSTLD, Bailey, H&J, Stateside, and Sundry segments. The company designs, manufactures, and sells women's apparel, such as tops, sweaters, dresses, jumpsuits, bottoms, sets, jackets, rompers, suiting, sportswear, shirts, jackets, pants, shorts, polos, T-shirts, skirts, athleisure bottoms, denims, and other accessory products, as well as suiting for men.