Destination XL swings to red in Q4 on hurting comps
Plus-size men’s apparel retailer Destination XL announced on Thursday a 10.5% decrease in sales to $467 million for fiscal 2023, on the back of plunging sales in the fourth quarter. DXL Big + Tall The Canton, Massachusetts-based company said sales for the fourth quarter ending February 1 fell 13.1% to $119.2 million, hurt by a 8.7% decrease in…