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Destination XL Group shifts focus to private brands as it swings to loss in Q2

Destination XL Group (DXL) has said its results for the second quarter of the year reflect a “softness” in the big and tall sector, as the company swings to a loss and total sales drop. The specialty retailer reported a net sales decline of 7.5 percent to 115.5 million dollars, decreasing on the 124.8 million dollars seen in the same period of...

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Business

Destination XL's Q4 sales increase by 33.3 percent

Destination XL Group, Inc. reported fourth quarter sales of 133.5 million dollars, up 33.3 percent from fiscal 2020 and up 1.7 percent from fiscal 2019. Comparable sales increased 41.5 percent compared to fiscal 2020 and 9.4 percent as compared to fiscal 2019. “This has been a historic year for DXL as we exceeded 500 million dollars in sales for...

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