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Digital Brands Group Signs Exclusive Manufacturing Deal

Story Highlights
  • Digital Brands Group will manufacture exclusive knit apparel for the University of Mississippi.
  • The agreement includes a $3 million stock issuance and investment in marketing and student-athlete funds.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Digital Brands Group Signs Exclusive Manufacturing Deal

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Digital Brands Group ( (DBGI) ) has shared an update.

On November 19, 2025, Digital Brands Group, Inc. entered into an Exclusive Private Label Manufacturing Agreement with The Grove Collective, LLC, to produce knit apparel products for the University of Mississippi. The agreement, lasting three years with potential extensions, involves a $3 million stock issuance to The Grove Collective and a commitment to invest in student-athlete funds and marketing efforts. The company retains design discretion and agrees to protect the stock value for the first 15 months, reflecting a strategic move to enhance its market positioning and stakeholder engagement.

Spark’s Take on DBGI Stock

According to Spark, TipRanks’ AI Analyst, DBGI is a Neutral.

Digital Brands Group faces significant financial challenges, with declining revenues, increasing losses, and negative equity, which heavily impact the overall score. While technical indicators show mixed signals, the company’s valuation remains unattractive due to its negative P/E ratio. The earnings call and recent corporate events provide some optimism with strategic initiatives and improved financial positioning, but these are yet to significantly mitigate the financial instability and valuation concerns.

To see Spark’s full report on DBGI stock, click here.

More about Digital Brands Group

Digital Brands Group, Inc. operates in the apparel industry, focusing on the design and manufacturing of private label knit apparel products. The company collaborates with marketing agents and other entities to produce exclusive apparel lines.

Average Trading Volume: 264,634

Technical Sentiment Signal: Strong Sell

Current Market Cap: $41.88M

See more data about DBGI stock on TipRanks’ Stock Analysis page.

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