Digital Brands Group Inc
For the period ended Dec 31, 2023. Filed Apr 15, 2024.
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FY2023 · Filed Apr 15, 2024
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Item 2. Properties
| ITEM 2. | PROPERTIES |
|---|
We currently lease approximately 44,706 square feet of office and showroom spaces in California and Texas, with leases that expire through 2025. We believe that our existing facilities will be sufficient for our needs for the foreseeable future.
The following table sets forth information with respect to our facilities:
| · · · · · · · | ||||
|---|---|---|---|---|
| | | Square | | |
| · · · · Footage · · Lease · | ||||
| Location · · Type · · (approximate) · · Expiration · | ||||
| Vernon, California | Corporate Warehouse and Distribution Center | 42,206 | 2024 | |
| Los Angeles, California | Showroom | 2,000 | 2025 | |
| Austin, Texas | Interim Corporate Headquarters | 500 | 2024 | (1) |
| (1) | We are currently leveraging shared office space and working remotely as we work with an agent to secure long-term office space in Austin, TX for our corporate headquarters. |
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