Digital Brands Group Achieves Major Financial Turnaround, Forecasts Positive Cash Flow Starting September
Digital Brands Group announced it has achieved a major financial turnaround and forecasts positive cash flow starting September, driven by its collegiate program. The company noted that expanding government contracts will build on that momentum.
Why it matters — DBGI watchers would care because the company is forecasting a shift to positive cash flow starting in September, led by its collegiate program and upcoming government contracts.