Destination XL Group, Inc.
Destination XL Group, Inc.

Destination XL Group, Inc.

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Destination XL Group, Inc. 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 is listed on the NASDAQ Global Market under the symbol "DXLG".

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.

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.

Snapshot

Market Cap$379.4 million
Revenue$350 million
5 Year Trendarrow trend down-6.3%
Net Income-$57 million
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Total value of jobs:
$1,840,000
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Average Pay:
$108,235
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Total Experts:
1

Top Experts at Destination XL Group, Inc.