$DXLG

DESTINATION XL GROUP, INC. (DXLG) filed an SEC Form 8-K — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers. Exhibit 99.1 DESTINATION XL GROUP, INC. APPOINTS JIMMY OLSSON CHIEF GROWTH OFFICER CANTON, Mass., September 2, 2026 – Destination XL Group, Inc. (NASDAQ: DXLG), the leading integrated-commerce specialty retailer of Big + Tall men’s clothing and footwear, today announced the appoi

DESTINATION XL GROUP, INC. (DXLG) filed an SEC Form 8-K — Entry into a Material Definitive Agreement. Item 1.01 Entry into a Material Definitive Agreement. Amendment to Agreement and Plan of Merger As previously disclosed, on December 11, 2025, Destination XL Group, Inc., a Delaware corporation (“DXL”), Divine Merger Sub I, Inc., a Delaware corporation and wholly owned direct sub

Destination XL Group Inc. said board chairman Lionel Conacher will become interim CEO on Aug. 12, while CEO Harvey Kanter will step down from Aug. 11. The company is navigating its FullBeauty merger and an unsolicited Zodiac Partners tender offer. DXL was delisted from Nasdaq Global Market and now trades on Nasdaq Capital Market at 59 cents.

DESTINATION XL GROUP, INC. (DXLG) filed an SEC Form 8-K — Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers. Exhibit 99.1 Destination XL Group, Inc. Appoints Current Chairman Lionel Conacher as Interim Chief Executive Officer CANTON, Mass., August 6, 2026 -- Destination XL Group, Inc. (“DXL” or the “Company”) (NASDAQ: DXLG), the leading integrated commerce retailer of Big + Tall men’s c

Destination XL Management filed a preliminary proxy urging shareholders to vote against completing its merger with FullBeauty Brands, reversing an earlier December 2025 endorsement. The board cites weaker consumer conditions, higher financing costs, FullBeauty’s debt and potential negative equity, and “substantial economic dilution.” DXL also rejected Zodiac Partners’ $0.82 to $0.84 tender offers; DXL shares are down over 30% YTD.

Destination XL Group (NASDAQ: DXLG) said its board unanimously recommends stockholders reject Zodiac Partners II’s revised, unsolicited cash tender offer to buy all shares for $0.84 per share. The board says the offer still undervalues the company and urges holders not to tender. Stockholders who tendered may withdraw before July 24, 2026.

Zodiac Partners II, backed by Camac Fund, raised its tender offer for Destination XL Group to 84 cents a share from 82 cents, valuing the company at $46.4 million versus a $37.6 million market cap. Zodiac said it first proposed $1.25/share in January and was rebuffed. The offer expires July 24; DXL reported a wider Q1 loss and lower sales.

Zodiac Partners II, LLC reported tender-offer results for Destination XL Group (DXLG) and said more than 16% of shares were validly tendered (about 8,978,000) as of the prior June 22, 5 p.m. ET deadline. Zodiac raised its all-cash offer price to $0.84 per share, increased committed equity financing, and extended the expiration to July 24, 2026.

Destination XL Group reported Q1 2026 comparable sales of -3.8%, its best in three years, citing turnaround initiatives despite traffic challenges. Management attributed demand shifts to GLP-1 use, prompting more dynamic sizing and a discretionary spending pause. The company is expanding private brands (Harbor Bay), emphasizing FitMap/AI search, and pulling forward production. CEO Harvey Kanter plans to retire Aug. 11, 2026; the FullBeauty merger terms are being renegotiated. Guidance assumes a

Destination XL Group (DXLG) said its board unanimously recommends shareholders reject Zodiac Partners II’s May 12, 2026 tender offer of $0.82 per share and not tender shares, citing that it does not reflect DXL’s underlying value and is highly conditional. DXL filed a Schedule 14D-9 with the SEC. The company also rescheduled its fiscal Q1 earnings to June 3, 2026.