The Black Tux is a men's fashion company specializing in the online tuxedo and suit rental industry. The Black Tux rents tuxedos, suits, and other men’s formalwear accessories entirely through its own e-commerce marketplace.
The company was founded in the year 2012 by Andrew Blackmon and Patrick Coyne, and is headquartered in Santa Monica, California. The business was created as a direct response to the co-founders’ poor experiences involving tuxedo and suit rentals for weddings and formal events.[1] Prior to launching publicly, the company was involved with MuckerLab a Los Angeles-based start-up accelerator.[2] The company received $10 million in Series A funding in January 2015, with an additional $25 million in September 2015.[3]
Business modeledit
The Black Tux rents tuxedos, suits, and other formalwear and accessories entirely online. Shipping is free both ways and arrives at least a full week prior to customers’ events. The Black Tux designs its tuxedos and suits and offers dress shirts, shoes, neckwear, and other formal wear accessories for rental.[4]
Receptionedit
Shortly after launching out of beta, The Black Tux was featured in GQ, which called the company “the Warby Parker of the formalwear game” and declared “The Black Tux has come to rescue guys from tux-rental hell.” Since launching they have been featured in The Wall Street Journal,[5]Bloomberg,[6] and Techcrunch.[7] In December 2013, The Black Tux raised funding from investors in the venture capital community.[7][8]
Referencesedit
^Johnson, Alexis. "The Black Tux Goes Glam and Gives Back". Los Angeles Confidential. Retrieved December 17, 2013.
^Fong, Phyllis. "A Better Black Tie Rental". Men's Journal. Retrieved December 17, 2013.
^Magee, Christine (September 9, 2015). "The Black Tux Grabs $25M To Dress Men To The Nines". TechCrunch. Retrieved October 4, 2015.
^Lardinois, Frederic (January 16, 2013). "MuckerLab Graduates Its Class Of 2013, Its Last Class Has Raised Over $15M To Date". TechCrunch.
^Sherman, Lauren (February 20, 2014). "High-Rent Rental Tuxedos". The Wall Street Journal. Retrieved October 3, 2015.
^Summers, Nick (January 30, 2015). "Black Tux Website Gets Rental Tuxedos Right". Bloomberg Business. Retrieved October 4, 2015.
^ abShieber, Jonathan (February 25, 2014). "Black Tux Raises $2.6M So You Can Rent That Suit and Tie". TechCrunch. Retrieved October 4, 2015.
black, major, contributor, this, article, appears, have, close, connection, with, subject, require, cleanup, comply, with, wikipedia, content, policies, particularly, neutral, point, view, please, discuss, further, talk, page, 2019, learn, when, remove, this, . A major contributor to this article appears to have a close connection with its subject It may require cleanup to comply with Wikipedia s content policies particularly neutral point of view Please discuss further on the talk page May 2019 Learn how and when to remove this message The Black Tux is a men s fashion company specializing in the online tuxedo and suit rental industry The Black Tux rents tuxedos suits and other men s formalwear accessories entirely through its own e commerce marketplace The Black TuxType of businessPrivateHeadquartersSanta Monica California United StatesKey peopleAndrew Blackmon co founder Patrick Coyne co founder IndustryE commerceURLwww wbr theblacktux wbr com Contents 1 History 2 Business model 3 Reception 4 ReferencesHistory editThe company was founded in the year 2012 by Andrew Blackmon and Patrick Coyne and is headquartered in Santa Monica California The business was created as a direct response to the co founders poor experiences involving tuxedo and suit rentals for weddings and formal events 1 Prior to launching publicly the company was involved with MuckerLab a Los Angeles based start up accelerator 2 The company received 10 million in Series A funding in January 2015 with an additional 25 million in September 2015 3 Business model editThe Black Tux rents tuxedos suits and other formalwear and accessories entirely online Shipping is free both ways and arrives at least a full week prior to customers events The Black Tux designs its tuxedos and suits and offers dress shirts shoes neckwear and other formal wear accessories for rental 4 Reception editShortly after launching out of beta The Black Tux was featured in GQ which called the company the Warby Parker of the formalwear game and declared The Black Tux has come to rescue guys from tux rental hell Since launching they have been featured in The Wall Street Journal 5 Bloomberg 6 and Techcrunch 7 In December 2013 The Black Tux raised funding from investors in the venture capital community 7 8 References edit Johnson Alexis The Black Tux Goes Glam and Gives Back Los Angeles Confidential Retrieved December 17 2013 Fong Phyllis A Better Black Tie Rental Men s Journal Retrieved December 17 2013 Magee Christine September 9 2015 The Black Tux Grabs 25M To Dress Men To The Nines TechCrunch Retrieved October 4 2015 Lardinois Frederic January 16 2013 MuckerLab Graduates Its Class Of 2013 Its Last Class Has Raised Over 15M To Date TechCrunch Sherman Lauren February 20 2014 High Rent Rental Tuxedos The Wall Street Journal Retrieved October 3 2015 Summers Nick January 30 2015 Black Tux Website Gets Rental Tuxedos Right Bloomberg Business Retrieved October 4 2015 a b Shieber Jonathan February 25 2014 Black Tux Raises 2 6M So You Can Rent That Suit and Tie TechCrunch Retrieved October 4 2015 Reviews theblacktux com Retrieved from https en wikipedia org w index php title The Black Tux amp oldid 1198338338, wikipedia, wiki, book, books, library,
