Destination XL Group

Destination XL Group, Inc. (DXLG) is a specialty retailer of men's big and tall apparel, with operations throughout the United States, Canada and London, England. The company is headquartered in Canton, Massachusetts, and operates both retail stores and ecommerce businesses through its five trade names: DXL, Rochester Clothing, Casual Male XL, Shoes XL, and Living XL. It was listed on the NASDAQ Global Market under the symbol "DXLG" until December 2020 when its stock moved to the OTCQX Market

Destination XL Group, Inc.
TypePublic
OTCQX: DXLG
IndustryRetail
Founded1976[1]
FounderCalvin Margolis
Stanley Berger[1]
Headquarters
Canton, Mass.
,
U.S.
Number of locations
DXL Men's Apparel:176
DXL Outlet:11
Casual Male XL:118
Casual Male XL Outlet:39
Rochester Clothing:5
[2]
Area served
United States
Canada
London, England[3]
Key people
Seymour Holtzman,
Chairman
Harvey S Kanter,
President/CEO
ProductsClothing
Home & Living Items
RevenueUS$467.51 million[4]
US$42.63 million[4]
Number of employees
3092[4]
DivisionsDestination XL
Rochester Clothing
Casual Male XL
Shoes XL
Living XL
WebsiteDestinationXL.com
Footnotes / references
[5][6][7][8]

History

What is now Destination XL Group was founded in 1976 by Calvin Margolis and Stanley Berger as Designs, Inc.

In May 2002, Designs, Inc. bought the Casual Male Big & Tall chain of stores, when that chain was undergoing bankruptcy proceedings, and elected to focus their business on those stores, selling off their other businesses and assuming the Casual Male name.[9]

In 2004, the company acquired Rochester Big & Tall Clothing, which gave the company access to a number of designer brands including Robert Graham, Tommy Bahama, Cutter & Buck, Jack Victor, and Robert Talbott. That same year, Casual Male hired former champion boxer George Foreman to promote the chain and act as spokesman for new lines of clothing bearing his name.

In 2005, Casual Male changed the name of its stores from Casual Male Big & Tall to Casual Male XL.[10]

In 2010, the company opened its first DXL store in Schaumburg, Illinois.

References
  1. "Destination XL Group Inc - DEF 14A - For 6/13/95". SEC Info. Retrieved 2007-12-16.
  2. "Find a Store". Destination XL.
  3. "CMRG Profile - Casual Male Retail Grp Inc Profile - DXLG Company Information - Destination XL Group Inc Company Information". MarketWatch. Retrieved 2008-05-13.
  4. "Destination XL - 2007 Globe 100". The Boston Globe. May 22, 2007. Retrieved 2008-05-13.
  5. "Destination XL Group, Inc. Stock Quote & Summary Data". Nasdaq. Retrieved April 19, 2015.
  6. "Destination XL Group Inc Company Profile". Reuters. Retrieved 2019-10-11.
  7. "Casual Male Retail Group, Inc. Announces Name Change To Destination XL Group, Inc.". Bloomberg Business. February 22, 2013.
  8. "Casual Male changes name to Destination XL Group". Yahoo!. Associated Press. February 22, 2013. Retrieved 2019-10-11.
  9. Larry Dignan (December 6, 2005). "Casual Male CEO: Can IT Keep Inventory Fit?". Baseline. Retrieved 2008-05-13.
  10. Mark Jewell (August 10, 2006). "In with 'XL,' out with 'Big & Tall' for men's large-size clothier". San Diego Union-Tribune. Associated Press. Archived from the original on September 14, 2012. Retrieved 2007-12-17.
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