Dbgi Announces Definitive Agreement To Acquire Sundry
01/20/22, 1:37 PM
Location
los angelesIndustry
shopping
Digital Brands Group, Inc. ("we", "us" or the "Company") (NASDAQ: DBGI), a curated collection of luxury lifestyle, digital-first brands, today announces that it has signed a definitive merger agreement to acquire Sundry, a privately-owned global lifestyle apparel brand. The transaction is expected to be completed late in the first half of 2022, subject to customary closing conditions and financing.
Company Info
Location
1400 lavaca street
Los Angeles, California, United States
Company info
Digital Brands Group is a curated collection of luxury lifestyle, digital-first brands. We bring together like-minded direct-to-consumer names under one portfolio to share operational, infrastructure, and data resources as means to drive down redundant fixed costs that are difficult to establish and expensive to maintain. By eliminating demanding administrative responsibilities for our brands, we stimulate creativity, innovation, and a maniacal commitment to the product and customer experience.