Digital Brands Group to Report Fourth Quarter and Fiscal 2022 Financial Results on Thursday, March 31, 2022

Rhea-AI Summary

Digital Brands Group, Inc. (NASDAQ: DBGI) will announce its fourth quarter and Fiscal 2021 financial results on March 31, 2022, at 4:30 p.m. ET. A webcast is scheduled to follow at 5:00 p.m. ET, which can be accessed via phone or online. The company focuses on a digitally native-first approach, offering a variety of apparel through direct-to-consumer and wholesale channels. Their model emphasizes controlling distribution and utilizing customer data to enhance personalized shopping experiences.

AUSTIN, Texas, March 29, 2022 /PRNewswire/ -- Digital Brands Group, Inc. ("DBG")  (NASDAQ: DBGI), a curated collection of luxury lifestyle, digital-first brands, will report financial results for the fourth quarter and Fiscal 2021 results ended December 31, 2021 on Thursday, March 31, 2022 at 4:30 p.m. ET.

Management will host a webcast on Thursday, March 31, 2022 at 5:00 p.m. ET 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 13725121 or via the web by using the following link: https://tinyurl.com/22ykfnr7. 

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.

FAQ

When will Digital Brands Group report its financial results for Q4 and FY 2021?

Digital Brands Group will report its financial results on March 31, 2022, at 4:30 p.m. ET.

How can I access the webcast for Digital Brands Group's financial results?

The webcast can be accessed on March 31, 2022, at 5:00 p.m. ET by calling (866) 605-1828 or visiting the link provided in the press release.

What business model does Digital Brands Group use?

Digital Brands Group operates as a digitally native-first brand, offering apparel through direct-to-consumer and wholesale channels while controlling distribution and utilizing customer data.