Austin, Texas, Oct. 06, 2025 (GLOBE NEWSWIRE) -- Digital Brands Group, Inc. (NASDAQ:DBGI) (the “Company” or “Digital Brands”), today announces the launch of its strategic initiative to aggressively expand the Company’s presence in the Name, Image, and Likeness (“NIL”) college apparel sector, a segment currently part of the global licensed sports merchandise market, which was estimated at $36.4 billion in 2024, and projected to increase to $49.0 billion by 2030, according to Grand View Research Expansion Str ...

Austin, Texas, Oct. 02, 2025 (GLOBE NEWSWIRE) -- Digital Brands Group, Inc. (NASDAQ:DBGI) (the “Company,” “Digital Brands Group” or “DBG”) today announces that it has joined Oracle PartnerNetwork (OPN). By joining OPN, Digital Brands Group gains access to Oracle’s cloud infrastructure, applications, and global resources to help accelerate the development and delivery of our suite of technology tools for apparel and eCommerce brands. Digital Brands Group is developing what it views as a differentiated model ...

Austin, Texas, Sept. 30, 2025 (GLOBE NEWSWIRE) -- Digital Brands Group, Inc. (NASDAQ:DBGI) (the “Company” or “Digital Brands”), today announces the launch of its strategic initiative to aggressively expand the Company’s presence in the Name, Image, and Likeness (“NIL”) college apparel sector, a segment currently part of the global licensed sports merchandise market, which was estimated at $36.4 billion in 2024, and projected to increase to $49.0 billion by 2030, according to Grand View Research Expansion St ...

Core Insights - Premarket trading is showing notable activity with significant price movements indicating potential opportunities for traders [1] Premarket Gainers - PepGen Inc. (PEPG) is up 151% at $6.68 [3] - 22nd Century Group, Inc. (XXII) is up 27% at $1.93 [3] - Immuneering Corporation (IMRX) is up 23% at $11.36 [3] - uniQure N.V. (QURE) is up 10% at $52.58 [3] - Lithium Americas Corp. (LAC) is up 9% at $6.60 [3] - Jasper Therapeutics, Inc. (JSPR) is up 9% at $2.55 [3] - American Shared Hospital Services (AMS) is up 8% at $2.75 [3] - PSQ Holdings, Inc. (PSQH) is up 7% at $3.06 [3] - K Wave Media Ltd. (KWM) is up 7% at $2.48 [3] - ClearPoint Neuro, Inc. (CLPT) is up 5% at $20.48 [3] Premarket Losers - Transocean Ltd. (RIG) is down 14% at $3.11 [4] - Cyclerion Therapeutics, Inc. (CYCN) is down 12% at $2.83 [4] - CarMax, Inc. (KMX) is down 11% at $50.38 [4] - ARB IOT Group Limited (ARBB) is down 11% at $10.45 [4] - SHF Holdings, Inc. (SHFS) is down 10% at $6.49 [4] - Digital Brands Group, Inc. (DBGI) is down 10% at $6.21 [4] - Aqua Metals, Inc. (AQMS) is down 9% at $5.29 [4] - Akanda Corp. (AKAN) is down 8% at $3.96 [4] - Galecto, Inc. (GLTO) is down 8% at $3.88 [4] - Platinum Analytics Cayman Limited (PLTS) is down 7% at $11.12 [4]

Core Viewpoint - Digital Brands Group, Inc. has amended its PIPE Financing to include an additional investment of approximately $1,500,000, enhancing its capital structure and providing further funding for its operations [1][3]. Group 1: PIPE Financing Details - The Company entered into a Securities Purchase Agreement on August 8, 2025, for the sale of up to 14,031.25 shares of Series D Convertible Preferred Stock to accredited investors, convertible into common stock at a price equal to 80% of the lowest closing price over the prior five trading days [2]. - An amendment to the Purchase Agreement was made on September 23, 2025, allowing for the sale of an additional 1,875 shares of Series D Preferred Stock to an additional accredited investor, with a total cash purchase price of $1,500,000 and a stated value of $2,156,250 [3][4]. - The additional Series D Shares will have the same conversion terms as those issued at the Initial Closing, with the anticipated closing date for this transaction set for September 26, 2025 [4]. Group 2: Registration and Compliance - The securities offered in the PIPE Financing have not been registered under the Securities Act of 1933 and are only available to accredited investors, with the Company agreeing to file registration statements with the SEC for the resale of the unregistered shares [6]. - The Company has amended the Registration Rights Agreement to set a deadline of December 1, 2025, for filing the resale registration statement covering the shares of Common Stock issuable upon conversion of the Series D Preferred Stock [4]. Group 3: Company Overview - Digital Brands Group specializes in eCommerce and Fashion, offering a variety of apparel through multiple brands on both direct-to-consumer and wholesale bases, focusing on a digitally native-first vertical brand model [8].

Digital Brands Group, Inc. (DBGI) fell 26.64 percent to $5.81 on Tuesday, dropping $2.11, even after announcing that its arm, Open Daily Technologies, has been accepted into the NVIDIA Connect Program. The program gives the company access to NVIDIA's AI/ML resources, engineering expertise, and global ecosystem to boost innovation across its consumer brands. The stock opened at $9.32 and traded between $5.53 and $9.50, compared with a prior close of $7.92 on the Nasdaq. Trading volume surged to 3.69 million ...

Core Insights - Digital Brands Group, Inc. has been accepted into the NVIDIA Connect Program, enhancing its technology capabilities and innovation potential [1][3] - The NVIDIA Connect Program provides access to advanced software development resources, technical training, and discounts on NVIDIA products, which will support the growth of Digital Brands Group [2][3] Company Overview - Digital Brands Group specializes in e-commerce and fashion, offering a variety of apparel through direct-to-consumer and wholesale channels [4] - The company operates through its technology arm, Open Daily Technologies, focusing on leveraging data to create personalized content for customers [4] Strategic Implications - Acceptance into the NVIDIA Connect Program is viewed as a significant opportunity for Digital Brands Group to enhance its AI-driven innovation and data protection capabilities [3] - The company plans to utilize NVIDIA's resources to accelerate the development of advanced AI solutions, aiming to secure consumer data and improve the digital experience [3]

Core Insights - Digital Brands Group, Inc. is focusing on developing a suite of technology tools for the eCommerce sector, leveraging artificial intelligence and quantum-resilient security to enhance brand protection and operational efficiency [1][2][3] Company Initiatives - The company is evaluating initiatives in three main areas: automated IP monitoring and brand protection using AI, data security with a focus on quantum-resilient methods, and additional eCommerce tools for merchandising, analytics, and personalization [2][3] - These initiatives aim to create a comprehensive suite that provides brands with both protection and performance in the digital marketplace [2] Strategic Direction - The CEO of Digital Brands Group emphasized that the rapid growth of digital commerce presents both opportunities and challenges, and the company's strategy is centered on building technology tools that safeguard brand IP, secure data, and enhance customer experience [3] - The company plans to continue internal development while also exploring partnerships with leading technology firms to accelerate delivery and broaden capabilities [3] Business Model - Digital Brands Group operates a diverse range of apparel brands through both direct-to-consumer and wholesale channels, focusing on owning the customer's "closet share" by leveraging data and purchase history for personalized content [4]

Core Insights - Amaze Holdings, Inc. has expanded its partnership with Digital Brands Group to enhance domestic manufacturing capabilities for custom apparel and athleisure wear, addressing tariff changes and rising costs [1][3] - The collaboration aims to streamline the creator experience by providing reliable local manufacturing, which is increasingly sought after by creators [3][4] - Amaze's platform has launched over 12.3 million unique stores, attracting more than 1.2 billion unique visitors, indicating a strong market presence [2] Group 1 - The partnership allows Amaze to utilize Digital Brands Group's facilities in Los Angeles for cost-efficient production [1][2] - The new manufacturing capabilities are now available to creators, enhancing their ability to launch products quickly [4] - The collaboration builds on a previous announcement from April 2025, marking Digital Brands Group as the first third-party brand on Amaze's Teespring Marketplace [2] Group 2 - The shift in tariff policies and the phasing out of the de minimis exception create a timely opportunity for expanding U.S.-based manufacturing [3] - The partnership is expected to help customers avoid cost increases associated with global supply chain dynamics [3] - Amaze's end-to-end commerce platform continues to evolve, focusing on improving the production and delivery processes for creators [3]

Core Insights - Digital Brands Group, Inc. has entered into a three-year Exclusive Private Label Manufacturing Agreement with AAA Tuscaloosa, LLC, which operates under the name Yea Alabama [1] - Yea Alabama is the official NIL program for the University of Alabama, aimed at creating NIL opportunities for student-athletes [2] - The products will be available at University of Alabama bookstores and online, with new product collections set to launch in the upcoming months [3] - The CEO of Digital Brands Group expressed excitement about the partnership, comparing the company to Warby Parker in the collegiate apparel space, and noted early positive results indicating a scalable customer value proposition [4] Company Overview - Digital Brands Group offers a diverse range of apparel through various brands, utilizing both direct-to-consumer and wholesale channels [5] - The company operates on a digitally native-first vertical brand model, focusing on maximizing customer engagement through data-driven personalized content [5]