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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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.