Shares of Digital Brands Group, Inc. (DBGI), a curated collection of luxury lifestyle, digital-first brands, are rising more than 9% Friday morning at $4.83.
The company today said it has completed the previously announced acquisition of Sundry.
“We believe adding Sundry to our Bailey Shop, which is our multi-brand e-commerce site will contribute revenue immediately,” said Hil Davis, Chief Executive Officer of DBG.
DBGI has traded in the range of $3.2100- $275 in the last 1 year.
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