Destination XL Group and FullBeauty Brands Agree to Merger of Equals to Create Inclusive Apparel Retailer

Destination XL Group (DXLG) and FullBeauty Brands have entered into a definitive merger agreement structured as an all-stock merger of equals. The combination is expected to create a scaled omni-channel inclusive apparel retailer focused on plus-size women and Big + Tall men, with headquarters remaining in Canton, Massachusetts, and a target closing in the first half of Destination XL’s fiscal year 2026.