Business

Destination XL merges with FullBeauty as quarterly losses widen

Destination XL Group (DXL) has announced its intention to merge with FBB Holdings I, Inc. (FullBeauty) to create a “scaled, category-defining retailer for inclusive apparel”. The news comes as the commerce retailer of Big + Tall men’s clothing reported widening losses in the third quarter, with consumers said to be shopping less frequently. DXL...

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Lululemon CEO Calvin McDonald to step down amid U.S. challenges

Lululemon Athletica simultaneously announced its third quarter fiscal 2025 financial results and a major leadership transition, confirming that Calvin McDonald plans to step down as chief executive officer and a member of the board of directors, effective January 31, 2026. The board has commenced a comprehensive search for a new CEO. The...

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Tissa Fontaneda raises capital to fund international expansion

Madrid-based, Spanish leather goods brand Tissa Fontaneda is entering its 15th anniversary in 2026 with its first-ever external investor, as it looks to accelerate its international expansion in key markets, including the US and the Middle East. In a statement, Tissa Fontaneda, which has become known for its handcrafted ready-to-wear and...

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Fashion |Interview

Engineering next-gen luxury: Behind the launch of Rae Temily’s namesake brand

Having dedicated much of her career to developing other people’s brands, Raechel Temily – Rae to everyone that knows her – eventually embarked on a journey to establish her own luxury label. Launched April 2025, the brand, fittingly dubbed Temily, emerged almost as a response to a market that seemed to have lost touch with the emotional core of...

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