Digital Brands Group lifts secured U.S. program outlook to $165 million

Reuters2026/07/27 12:06

By:Reuters

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

Digital Brands Group expanded its secured U.S. Program 32% to USD 165 million, driven by new apparel, footwear categories.
Post 1-for-40 stock consolidation, the company reported about 575,000 common shares outstanding, implying about USD 286 in revenue per share.
The USD 40 million increase was described as incremental to financial guidance outlined in a May 12, 2026 Form 8-K.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Digital Brands Group Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20260727500902) on July 27, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

Digital Brands Group lifts secured U.S. program outlook to $165 million

You may also like

Crypto prices