DBGI - Digital Brands rallies on 766% increase in January and February e-commerce revenues
Digital Brands (DBGI +25.6%) announced that e-commerce revenue growth increased a record-setting 776% Y/Y for January and February. "We continue to experience accelerating e-commerce growth as our customer acquisition channels become more targeted with higher conversion rates and higher average spend," CEO Hil Davis commented. Wholesale channel continues to significantly outperform plan, with a 200%+ Y/Y increase in January and February.
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Digital Brands rallies on 766% increase in January and February e-commerce revenues