Jimmy Olsson Appointed as Chief Growth Officer at Destination XL
Destination XL Group Inc. (DXLG) has appointed Jimmy Olsson as its executive vice president and chief growth officer, effective after consulting with the company since September 2025. With a background in launching brands like Todd Snyder and experience leading teams across merchandising, stores, digital, and supply chain operations, Olsson is tasked with driving integrated commerce strategy at DXL. The appointment comes as the retailer continues to navigate competing acquisition offers from FullBeauty Brands and Zodiac Partners II. Chairman Lionel Conacher praised Olsson for his leadership in omnichannel growth and customer-centric strategies. Olsson expressed confidence in DXL's brand strength, loyal customer base, and market potential. His role will include overseeing direct-to-consumer businesses, retail stores, merchandising, global sourcing, and brand strategy. The company has been embroiled in a months-long acquisition saga since December 2025 when FullBeauty Brands first proposed a merger. Zodiac Partners II later submitted higher offers that were rejected by DXL before the board reversed its recommendation to oppose the original deal with FullBeauty.
Topics: corporate_governance retail