COMPANYHISTORIES
NAIC 532220

Formal Wear and Costume Rental

How the companies in this industry began, and the forces that shaped them.

2companies1851–1946founding years2still active0no longer operating
§ 01

The industry over time

Companies foundedEconomyTechnologyEnvironmentHistory
FoundedMoss Bros Group plc
1851
1903
TechnologyThe Wright brothers achieve powered flight.
1914
EconomyWorld War I begins; global trade reorders.
1939
EconomyWorld War II begins; wartime production surges.
1945
EconomyThe war ends; a long global expansion begins.
FoundedAfter Hours Formalwear Inc.
1946
1947
TechnologyThe transistor is invented.
1958
TechnologyThe integrated circuit is demonstrated.
1962
EnvironmentSilent Spring launches the modern environmental movement.
1975
TechnologyThe personal-computer era begins.
1981
TechnologyThe IBM PC launches and sets a standard.
1984
TechnologyApple ships the Macintosh; the GUI era begins.
1989
HistoryThe Berlin Wall falls; global markets open up.
1991
TechnologyThe World Wide Web is released to the public.
1993
TechnologyThe Mosaic browser brings the web to everyone.
1995
TechnologyWindows 95 launches; the internet goes mainstream.
1997
EnvironmentThe Kyoto Protocol sets the first climate targets.
2004
TechnologySocial media and Web 2.0 take hold.
2007
TechnologyThe iPhone launches the smartphone era.
2010
TechnologyCloud computing goes mainstream for business.
2015
EnvironmentThe Paris Agreement sets global climate targets.
2020
EconomyThe COVID-19 pandemic upends the global economy.
2022
EconomyInflation spikes; central banks raise rates sharply.
2023
TechnologyGenerative AI reaches mainstream business use.
§ 02

The companies

Moss Bros Group plc →
Active · founded 1851 · United Kingdom
After more than 120 years in business, Moss Bros Group plc remains one of the preeminent names in the United Kingdom's…
After Hours Formalwear Inc. →
Active · founded 1946
In 2000, May paid $436 million for David's Bridal, a 150-unit chain founded in 1950 with a single store in Fort…
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