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DBG Announces Its First AVO Activation at the University of Mississippi for the Playoff Game

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Digital Brands Group (NASDAQ:DBGI) announced its first AVO clothing activation at the University of Mississippi on Dec 20, 2025 for the home playoff game (Tulane vs. Ole Miss).

The Ole Miss playoff capsule launched online on https://shopavo.la on Dec 17, 2025 and includes a 25% off code HottyToddy valid through the college playoffs. AVO plans additional capsule releases in January, February, and March 2026 featuring Ole Miss colors. Every purchase contributes to The Grove Collective’s NIL fund supporting female student athletes. CEO Hil Davis highlighted ongoing month‑over‑month revenue growth and reiterated DBGI’s strategic push into the NIL college apparel sector within the global licensed sports merchandise market estimated at $36.4B (2024) and projected to reach $49.0B by 2030.

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News Market Reaction 9 Alerts

+5.96% News Effect
+9.0% Peak in 2 hr 44 min
+$5M Valuation Impact
$89M Market Cap
0.9x Rel. Volume

On the day this news was published, DBGI gained 5.96%, reflecting a notable positive market reaction. Argus tracked a peak move of +9.0% during that session. Our momentum scanner triggered 9 alerts that day, indicating moderate trading interest and price volatility. This price movement added approximately $5M to the company's valuation, bringing the market cap to $89M at that time.

Data tracked by StockTitan Argus on the day of publication.

Key Figures

Global licensed sports merchandise market 2024 $36.4 billion Estimated 2024 market size cited from Grand View Research
Projected market 2030 $49.0 billion Projected 2030 global licensed sports merchandise market
Playoff discount 25% off code HottyToddy code for AVO Ole Miss playoff capsule during college playoffs
College playoffs window Through college playoffs Duration of the 25% discount code applicability

Market Reality Check

$10.56 Last Close
Volume Volume 278,695 is 3.01x the 20-day average of 92,544, signaling elevated interest ahead of the AVO/Ole Miss activation. high
Technical Price at 9.57 is trading above the 200-day MA at 9.22, reflecting improving trend strength before this announcement.

Peers on Argus

DBGI was up 12.72% while peers in Apparel Retail showed mixed, mostly modest moves (e.g., BRIA +0.59%, TLYS +2.26%, DXLG +2.8%, AKA -2.72%, CATO -2.77%), suggesting stock-specific drivers rather than a broad sector rotation.

Historical Context

Date Event Sentiment Move Catalyst
Dec 16 AI brand protection deal Positive +12.7% AI-driven AssetSafe partnership with Herschel to combat counterfeits and protect IP.
Dec 16 Tech strategy update Positive +12.7% Announcement emphasizing broader AI strategy and AssetSafe deployment for brand protection.
Dec 11 NIL manufacturing deal Positive -4.4% Three-year exclusive private label NIL manufacturing agreement with The Grove Collective.
Dec 8 AI marketing partnership Positive -5.3% Partnership with Aha to integrate AI influencer marketing across brands and campus programs.
Dec 3 AVO game-day promotion Positive +2.8% AVO Crimson Out tee distribution and NIL-focused collaboration with Yea Alabama at game.
Pattern Detected

Recent DBGI news has produced mixed reactions: positive strategic and NIL/AI announcements sometimes aligned with gains, but also saw selloffs, indicating inconsistent follow-through on good news.

Recent Company History

Over the last few weeks, DBGI highlighted multiple strategic initiatives. On Dec 3, AVO’s Crimson Out tee collaboration with Alabama tied NIL and collegiate apparel. A Dec 8 AI marketing partnership with Aha expanded creator-driven campaigns, followed by a Dec 11 three-year exclusive NIL manufacturing deal with The Grove Collective. On Dec 16, DBGI announced AI brand-protection work with Herschel. Today’s Ole Miss AVO activation builds directly on the earlier Grove Collective NIL agreement and capsule launch plans.

Regulatory & Risk Context

Active S-3 Shelf Registration 2025-11-07
$100,000,000 registered capacity

DBGI filed a Form S-3 on 2025-11-07 to register up to $100,000,000 of mixed securities under a shelf structure, subject to Baby Shelf limitations. As of the latest data, the shelf is not yet effective and shows 0 recorded usages, but it provides pre-cleared capacity for future capital raises once effective.

Market Pulse Summary

The stock moved +6.0% in the session following this news. A strong positive reaction aligns with DBGI’s recent pattern where some strategic announcements, such as AI partnerships and NIL agreements, coincided with gains of around 2–13%. The Ole Miss AVO activation extends November’s three-year Grove Collective deal, deepening exposure to a $36.4 billion licensed sports merchandise market. However, the effective use of the $100,000,000 S-3 shelf and prior volatility on good news could influence how durable such moves prove.

Key Terms

NIL regulatory
"Its Second University Launched Under Its NIL Strategic Initiative in the $36.4 Billion..."
Nil means zero or none — that a measured item, amount, or occurrence is absent. For investors, seeing “nil” on a report, balance sheet, or regulatory filing is like finding an empty pocket where money or activity was expected: it can reduce expected income, remove a liability, or indicate no exposure to a particular risk, and therefore affects valuation, forecasts, and decision-making.
Name, Image, and Likeness regulatory
"our strategic initiative to aggressively expand AVO’s presence in the Name, Image, and Likeness (“NIL”) college apparel sector"
Name, image, and likeness (NIL) describes an individual's legal right to be paid when their personal identity—their name, photograph or video, and public persona—is used for commercial purposes. For investors, NIL matters because the ability to earn from and license these rights creates new revenue streams, alters the value of sponsorships and media deals, and can shift consumer attention and brand economics much like owning the rights to a popular spokesperson.

AI-generated analysis. Not financial advice.

Its Second University Launched Under Its NIL Strategic Initiative in the $36.4 Billion Global Licensed Sports Merchandise Market 

Austin, Texas, Dec. 17, 2025 (GLOBE NEWSWIRE) -- DBGI Corp. (Ticker: [NASDAQ:DBGI] a publicly traded company specializing in eCommerce and Fashion today announced its first activation AVO clothing activation at the University of Mississippi for the home playoff game featuring the Tulane Green Wave vs. The Ole Miss Rebels this Saturday, December 20th in Oxford, MS.

The first Ole Miss product capsule collection launched today online at https://shopavo.la.

As part of the playoff capsule collection, The Grove Collective and AVO have created a 25% off code, which is HottyToddy that can be used on https://shopavo.la through the entirety of the college playoffs.

In addition to this college playoff capsule, AVO will release new product capsule collections in January, February and March, including products in Ole Miss “Powder Blue” and “Rebel Red”.

Every purchase supports female student athletes at the University of Mississippi through a contribution to The Grove Collective’s NIL fund. AVO and The Grove Collective are committed to generate future NIL market driven opportunities for female student-athletes, which is one of the first NIL initiatives directed specifically to female student-athletes.

“We are excited to launch this program with The Grove Collective and Ole Miss. This is one of several meaningful announcements from product launches to partnerships coming over the next few months. Given the significant month over month revenue growth we have experienced so far, we believe that we have created a compelling and unique customer value proposition, which will scale quickly,” said Hil Davis the Chief Executive Officer of Digital Brands Group.

David continued, “as we stated in October of this year, we are committed to our strategic initiative to aggressively expand AVO’s presence in the Name, Image, and Likeness (“NIL”) college apparel sector, a segment currently part of the global licensed sports merchandise market, which was estimated at $36.4 billion in 2024, and projected to increase to $49.0 billion by 2030, according to Grand View Research. This commitment has only been fortified by the success we have experienced so far.”

About Digital Brands Group

We offer a wide variety of apparel through numerous brands on a both direct-to-consumer and wholesale basis. We have created a business model derived from our founding as a digitally native-first vertical brand. We focus on owning the customer's "closet share" by leveraging their data and purchase history to create personalized targeted content and looks for that specific customer cohort. 

Digital Brands Group, Inc. Company Contact
Hil Davis, CEO
Email: invest@digitalbrandsgroup.co
https://ir.digitalbrandsgroup.co

Forward-looking Statements

Certain statements included in this release are "forward-looking statements" within the meaning of the federal securities laws. Forward-looking statements are made based on our expectations and beliefs concerning future events impacting DBG and therefore involve several risks and uncertainties. You can identify these statements by the fact that they use words such as “will,” “anticipate,” “estimate,” “expect,” “should,” and “may” and other words and terms of similar meaning or use of future dates, however, the absence of these words or similar expressions does not mean that a statement is not forward-looking. All statements regarding DBG’s plans, objectives, projections and expectations relating to DBG’s operations or financial performance, and assumptions related thereto are forward-looking statements. We caution that forward-looking statements are not guarantees and that actual results could differ materially from those expressed or implied in the forward-looking statements. DBG undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law. Potential risks and uncertainties that could cause the actual results of operations or financial condition of DBG to differ materially from those expressed or implied by forward-looking statements include, but are not limited to: risks arising from the widespread outbreak of an illness or any other communicable disease, or any other public health crisis, including the coronavirus (COVID-19) global pandemic; the level of consumer demand for apparel and accessories; disruption to DBGs distribution system; the financial strength of DBG’s customers; fluctuations in the price, availability and quality of raw materials and contracted products; disruption and volatility in the global capital and credit markets; DBG’s response to changing fashion trends, evolving consumer preferences and changing patterns of consumer behavior; intense competition from online retailers; manufacturing and product innovation; increasing pressure on margins; DBG’s ability to implement its business strategy; DBG’s ability to grow its wholesale and direct-to-consumer businesses; retail industry changes and challenges; DBG’s and its vendors’ ability to maintain the strength and security of information technology systems; the risk that DBG’s facilities and systems and those of our third-party service providers may be vulnerable to and unable to anticipate or detect data security breaches and data or financial loss; DBG’s ability to properly collect, use, manage and secure consumer and employee data; stability of DBG’s manufacturing facilities and foreign suppliers; continued use by DBG’s suppliers of ethical business practices; DBG’s ability to accurately forecast demand for products; continuity of members of DBG’s management; DBG’s ability to protect trademarks and other intellectual property rights; possible goodwill and other asset impairment; DBG’s ability to execute and integrate acquisitions; changes in tax laws and liabilities; legal, regulatory, political and economic risks; adverse or unexpected weather conditions; DBG's indebtedness and its ability to obtain financing on favorable terms, if needed, could prevent DBG from fulfilling its financial obligations; and climate change and increased focus on sustainability issues. More information on potential factors that could affect DBG’s financial results is included from time to time in DBG’s public reports filed with the SEC, including DBG’s Annual Report on Form 10-K, and Quarterly Reports on Form 10-Q, and Forms 8-K filed or furnished with the SEC.


FAQ

What did Digital Brands Group (DBGI) announce on Dec 17, 2025?

DBGI announced its first AVO clothing activation at the University of Mississippi and the online launch of an Ole Miss playoff capsule on https://shopavo.la.

When and where is the AVO activation for DBGI happening for the Ole Miss playoff game?

The activation is tied to the home playoff game in Oxford, MS on Dec 20, 2025 (Tulane vs. Ole Miss).

How can fans get a discount on the Ole Miss playoff capsule from DBGI (DBGI)?

Use the code HottyToddy at https://shopavo.la for 25% off during the college playoffs.

Will DBGI release more AVO capsule collections after the Dec 2025 launch?

Yes; AVO plans additional capsule releases in January, February, and March 2026, including Ole Miss colorways.

How does the DBGI Ole Miss capsule support student athletes?

Every purchase contributes to The Grove Collective’s NIL fund to support female student athletes at the University of Mississippi.

What market size did DBGI cite for licensed sports merchandise and the NIL apparel opportunity?

DBGI referenced a $36.4 billion global licensed sports merchandise market in 2024, projected to $49.0 billion by 2030 per Grand View Research.
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