Squires Formalwear

What Squires Formalwear does

Squires Formalwear (legal entity Select Formalwear, operating as 'Squires Tux') is a privately held regional formalwear rental and retail company founded in 1960 in Shreveport, Louisiana. The company rents and sells tuxedos, suits, vests, ties, and formal accessories through 15+ physical retail locations concentrated in Louisiana, with additional stores in Texarkana TX, Waco TX, and Flowood MS, and a supporting e-commerce site at squirestux.com. Core customers are wedding parties, high school and college students attending proms and homecoming dances, and adults needing attire for galas and black-tie events; weddings generate year-round demand while proms concentrate demand in the spring season.

The product set spans more than 40 tuxedo styles, including designer brands such as Ike Behar, Kenneth Cole, and Mark of Distinction, available in slim and traditional fits across multiple fabrics and colors. The underlying technology is a modest digital layer: a WooCommerce-style e-commerce site with product catalog and color/style filtering, an online measurement submission form, and the Wedding Manager platform (wedmgr.squirestux.com), which lets couples register their wedding, manage party member attire, and submit measurements. Digital lookbooks for the 2026 wedding and homecoming seasons serve as the primary seasonal content marketing asset.

The business model is sales-led and retail-driven. The primary revenue stream is tuxedo and suit rental transactions, complemented by a smaller 'Buy' retail category for direct purchase of suits, ties, belts, and accessories. Pricing is not publicly disclosed; quotes are handled by phone or email through the Bossier City headquarters. Marketing is multi-channel, combining a content-led website, an email newsletter, seasonal lookbooks, and foot traffic into physical stores. The company operates with 51-100 employees, is independently owned with no disclosed parent, no institutional funding, and no M&A history in the source data.

Name

Squires Formalwear

Legal name

Select Formalwear

Website

https://squirestux.com

Company type

Private

Founded year

1960

Operating status

Operating

Headcount range

51–100 employees

Short description

Squires Formalwear rents and sells tuxedos, suits, and formal accessories through 15+ retail stores across Louisiana, Texas, and Mississippi, serving wedding parties, prom and homecoming students, and adult formal-event customers, supported by an e-commerce site and Wedding Manager platform.

Ownership category

akta.pro rank

Product category

Men's Formalwear Rental and Retail

NAICS

Formal Wear and Costume Rental (532281), Clothing and Clothing Accessories Retailers (4581)

SIC

Retail-Apparel & Accessory Stores (5600)

akta.pro industry

PRIMARYHSACABAF

Bridal & Wedding Party Styling (Attire, Hair/Makeup Coordination)

Home & Personal Services/Event & Personal Concierge Services/Wedding Planning & Bridal Services

Keywords

• Formalwear rental services
• Tuxedo and suit rentals
• Wedding formal attire
• Prom formalwear rentals
• Men's formal accessories

Headquarters

HQ city

Bossier City

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Personnel, Marketing or Sales, Supply Chain, Technology or R&D, Infrastructure

Revenue model

1. Formalwear Rentals: Primary revenue stream from renting tuxedos, suits, and formal accessories. Customers rent for weddings, proms, homecoming, and other formal events. Includes tuxedos, suits, vests, ties, and accessories.
2. Formalwear Sales: Direct purchase of suits, ties, belts, and formal accessories available through the Buy section of the website. One-time transaction sales.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

Squires Formalwear rents and sells men's formalwear, including tuxedos, suits, vests, ties, and accessories for weddings, proms, homecoming, and other formal events. The business operates 18+ physical retail locations across Louisiana, Texas, and Mississippi, where customers receive in-person fittings and complete rentals, supplemented by an e-commerce website that supports product browsing, online measurement submission, and a Wedding Manager platform for wedding party coordination. Offering includes 40+ tuxedo styles, designer and traditional options, and various fits (slim, traditional) across Super 120s Wool, stretch, and poly/wool fabric choices.

Product overview

Squires Formalwear operates as a formalwear rental and retail company with over 40 tuxedo styles. The core offering consists of tuxedo rentals (including designer brands like Ike Behar, Kenneth Cole, and Mark of Distinction), suit rentals with various fits (slim, traditional), and vest & tie combinations. The company supports its rental business with a Wedding Manager platform for wedding party coordination, an online measurement submission system, and digital lookbooks for both wedding (2026) and prom (2026) collections. A retail 'Buy' category offers formalwear items for purchase. The business operates 15 retail locations across Louisiana, Texas, and Mississippi.

Differentiator

Problem solved

Functional benefit

Products and services

• Tuxedo Rentals Rental service for formal tuxedos including designer styles (Ike Behar, Kenneth Cole, Mark of Distinction) and traditional options for weddings and special occasions, completed in-store with professional fittings.
• Suit Rentals Rental service for men's suits suitable for semi-formal events and weddings, featuring stretch fabrics, modern slim fits, and traditional cuts.
• Vest and Tie Rentals Formal vests and ties available in various colors including solid bow ties, Windsor styles, and matching pocket squares, rented as standalone accessories or as part of full formalwear packages.
• Prom and Homecoming Rentals Special occasion formalwear rentals for high school proms and homecoming events, featuring trending styles and colors targeted at the 2026 season.
• Wedding Manager Platform Online wedding management platform that allows couples to register for formalwear, manage guest attire, and submit measurements to streamline the rental process for the entire wedding party.
• Buy (Retail Formalwear Purchase) Retail formalwear items available for one-time purchase including suits, ties, belts, and accessories, sold directly through the Buy section of the company website and stores.

Named customers5 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators3 records

Recent moves6 records

Expansion highlights4 records

Regional players

• Friar Tux: Regional formalwear rental chain with multiple physical store locations. Directly comparable to Squires in business model and customer segments but operating in different geographic markets, primarily in the Midwest and Mid-Atlantic.
• Mr. Tuxedo: Regional formalwear rental retailer with physical store locations providing tuxedo and suit rentals. Comparable to Squires in core offering and customer base, with similar in-store fitting and wedding coordination services.
• Tuxedo Junction: Multi-store formalwear rental chain offering tuxedo and suit rentals for weddings, proms, and special events. Closely comparable to Squires in service model and target customer, though serving different geographic markets.
• Savvi Formalwear: Regional formalwear rental retailer with physical store locations in select markets. Similar business model to Squires with in-person fittings and wedding party coordination, serving a different regional footprint.

Direct peers

• The Black Tux: Digital-native formalwear rental company offering tuxedos and suits shipped directly to customers. Direct competitor to Squires in the wedding and special occasion rental market, differentiated by online-first model versus Squires' physical store and fitting approach.
• Generation Tux: Online formalwear rental company providing tuxedos and suits with home try-on and shipping-based fulfillment. Targets the same wedding and prom customer segments as Squires with a contrasting direct-to-consumer shipping model.
• Menguin: Online formalwear rental platform offering tuxedos and suits for weddings and special events. Competes with Squires for the same digitally-engaged wedding party and prom customers who prefer home try-on over in-store fittings.

Broad incumbents

• Jos. A. Bank: National men's apparel retailer offering suits, tuxedos, and formalwear including rental services. Competes with Squires in men's formalwear but with a much broader product line spanning business attire and casual wear.
• Men's Wearhouse: Large national retailer of men's suits, tuxedos, and formalwear with extensive physical store presence and in-store rental services. Overlaps with Squires in tuxedo rentals and formalwear sales, but operates at much larger scale and broader product assortment.
• JCPenney: Large national department store that historically operated tuxedo rental services and sells men's formalwear. Competes with Squires in the formalwear segment as part of a much broader general merchandise assortment.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

• Xx.com/squirestux
• Facebookfacebook.com/SquiresFormalwear
• LinkedInlinkedin.com/company/squires-formalwear

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Squires Formalwear