Shares of curated collection of luxury lifestyle, digital-first brands, Digital Brands Group, Inc. (DBGI) are up more than 44% Tuesday morning after the company provided 2022 revenue outlook, significantly higher than 2021 guidance. The company projected 2022 revenue in the range of $37.5 million to $42.5 million, an increase of 350% from 2021 revenue expectations. "Our 2022 revenue guidance refl...
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May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.