Digital Brands Group forecasts positive cash flow starting September

US-based apparel and e-commerce business Digital Brands Group (DBG) has announced a major financial turnaround, forecasting positive cash flow starting in September.

The Texas-based company stated that the operational shift is primarily being driven by the expansion of its collegiate programme, alongside growing momentum from its government contracts.

In a press release, chief executive officer Hil Davis said: “September marks a major financial turning point for us. Our collegiate program is leading the way, and the expanding government contracts will build on that momentum.”

DBG operates a curated portfolio of luxury and lifestyle fashion labels. The company utilizes a digitally native e-commerce infrastructure combined with selective wholesale distribution channels to scale direct-to-consumer (D2C) operations, lower customer acquisition costs, and build long-term brand equity.