FULLBEAUTY Brands announces merger of equals with DXL
The transaction combines FullBeauty and Destination XL Group into a public company with approximately $1.2 billion annual net sales and expected $25 million run-rate cost synergies.
See the latest news and media coverage for FULLBEAUTY Brands. We track all announcements, press releases, and industry mentions in real time, all in one place.
Retailer of plus-size apparel for women and men
fbbrands.comLast updated
In short: FULLBEAUTY Brands experienced a failed merger with Destination XL following an aggressive period of acquisitions and digital expansion.
The transaction combines FullBeauty and Destination XL Group into a public company with approximately $1.2 billion annual net sales and expected $25 million run-rate cost synergies.
The acquisition is FullBeauty's fourth in a year, expanding its presence in the plus-size sector.
The deal integrates Dia’s inclusive marketplace into FullBeauty’s digital mall and brings Lydia Gilbert and key Dia team members into the company.
ELOQUII, bought from Walmart, will anchor a new digital mall alongside SwimsuitsForAll and June+Vie.
Destination XL touted its potential coming together with FullBeauty Brands as a merger of equals but now the board is recommending rejecting its previous strategy.
The deal, which was expected to close in the first half, was derailed by a competing offer by Zodiac Partners.
Destination XL and FullBeauty are to combine forces to create a plus-size supergroup with around 300 stores and a strong online presence across multiple apparel...
Destination XL Group, Inc. ("DXL") (NASDAQ: DXLG), the leading integrated commerce retailer of Big + Tall men's clothing and shoes, today announced that its Board...
Track FULLBEAUTY Brands and your other target companies to get real-time alerts and weekly summaries delivered straight to your inbox.
Discover what's making headlines across other trending companies.