Digital Brands Group to Report First Quarter 2021 Financial Results on June 28, 2021
Digital Brands Group (NASDAQ: DBGI) will report its first-quarter financial results for the period ending March 31, 2021, on June 28, 2021, at 8:30 am ET. A management webcast will follow at 9:00 am ET to discuss these results. The company operates a collection of luxury lifestyle brands, emphasizing a digitally native vertical business model that drives online sales by controlling distribution and sourcing products directly. This approach aims to enhance customer lifetime value and drive new customer growth.
- The company operates a digitally native vertical brand model, enhancing online sales and customer engagement.
- Focus on owning customer 'closet share' using data-driven personalized content contributes to growth potential.
- None.
AUSTIN, Texas, June 27, 2021 /PRNewswire/ -- Digital Brands Group, Inc. ("DBG") (NASDAQ: DBGI), a curated collection of luxury lifestyle, digital-first brands, will report financial results for the first quarter ended March 31, 2021 on Monday, June 28, 2021 at 8:30 am ET. Management will host a webcast at 9:00 a.m. ET on the same day to discuss the results.
The live conference call can be accessed by dialing (866) 605-1828 from the U.S. or internationally. The conference I.D. code is 13721021 or via the web by using the following link: https://tinyurl.com/3zs4cx93.
About Digital Brands Group
We offer a wide variety of apparel through numerous brands on a both direct-to-consumer and wholesale basis. We have created a business model derived from our founding as a digitally native-first vertical brand. Digital native first brands are brands founded as e-commerce driven businesses, where online sales constitute a meaningful percentage of net sales, although they often subsequently also expand into wholesale or direct retail channels., Unlike typical e-commerce brands, as a digitally native vertical brand we control our own distribution, sourcing products directly from our third-party manufacturers and selling directly to the end consumer. We focus on owning the customer's "closet share" by leveraging their data and purchase history to create personalized targeted content and looks for that specific customer cohort. We have strategically expanded into an omnichannel brand offering these styles and content not only on-line but at selected wholesale and retail storefronts. We believe this approach allows us opportunities to successfully drive Lifetime Value ("LTV") while increasing new customer growth.
Digital Brands Group, Inc. Company Contact
Hil Davis, CEO
Email: invest@digitalbrandsgroup.co
Phone: (800) 593-1047
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SOURCE Digital Brands Group, Inc.
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