Digital brands group to open first retail store in first half of april in dallas, texas

Store forecasted to generate over $1.5 million in annual revenue and $500,000 in annual cash flow austin, texas , feb. 27, 2024 /prnewswire/ -- digital brands group, inc. ("dbg")  (nasdaq: dbgi), a curated collection of luxury lifestyle, digital-first brands, today announces plans to open its first retail store in the first half of april at the simon premium outlet mall in allen, texas, a suburb of dallas, tx. the company forecasts the store to generate over $1.5 million in annual revenue and over $500,000 in annual cash flow based on the historical performance of this location, and excess sundry inventory prior to the acquisition.
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