Dallas-based premium men’s clothing and accessories brand Texas Standard announced that it has secured its first external capital funding round for $500,000.
The capital raise was executed by the company’s founders, and led by several Texas-based investors. The capital was earmarked for production runs of the brand’s iconic sport shirts, polos, tees and accessories as well as additional strategic hires.
Since its launch in late 2016, Texas Standard has seen rapid growth and opened its first temporary dedicated retail location in the WestBend shopping district of Fort Worth.
“We are proud to have the backing of so many excellent investors to stand with us and what we are building in Texas’ clothing brand,” said co-founder Drew Bagot, himself a fifth-generation Texan. “Until we started Texas Standard, there were no clothing options available that captured what it means to be a Texas gentleman. All the support we have seen validates our dream of a classic brand that represents this exceptional place and is built by Texans for Texans. Our customers seem to agree that we’re doing something right.”
Texas Standard recently added a key hire in Byron Bradshaw, a seventh-generation Texan himself. Bradshaw, who assumes the title of vice president, is an apparel industry veteran. He previously worked with GQ Magazine, John Varvatos and Mizzen+Main. Bradshaw will lead Texas Standard’s product development and retail expansion efforts.
Texas Standard’s clothing line, recognized by its iconic barbed wire logo, is currently found in over 20 select brick-and-mortar locations in Texas through select retail partners across the state. The apparel is also available online direct to consumer at www.Texas-Standard.com.