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(Chris Goldberg)

Tuxedo Rentals Are Down Because Of Fewer, Less Formal Weddings

The number of weddings relative to the U.S. population is the lowest it’s been since World War I, and tuxedo-rental shops like Men’s Wearhouse are seeing a decrease in their business. They blame demographic patterns, changes in wedding fashion, and changes in the formalwear rental business as a whole for the decrease, and see the trend continuing for now. [More]