Abstract: A braid and ponytail holder consisting of a panel formed from flexible material such as leather. Pairs of rivet-on lacing studs are attached to the panel near its opposing edges of the panel so that, when the panel is curled to form a tubular sheath, the two studs are adjacent to one another. A lacing strand which is captured by the outwardly extending hook portion of each of the lacing studs draws the studs together so that the sheath surrounds and firmly retains the hair. A clasp, such as a small ring or ferrule, secures the free ends of the lacing strands to secure the holder in place around the braid or ponytail.