Red Dress Boutique Shark Tank & Net Worth (2024 Update)
Whatever Happened To Red Dress Boutique After Shark Tank?
Red Dress Boutique is a clothing brand and it manufactures different types of dresses for women. Diana Harbour was good at designing the dresses and Red Dress Boutique has started its journey with this female entrepreneur. Red Dress Boutique is selling every type of dress for women in a reasonable price range.
Red Dress Boutique Shark Tank Overview:
| Company Name | Red Dress Boutique |
| Founder | Diana Harbour and Josh Harbour |
| Founded | 2011 |
| Product | Online marketplace for women, offering curated outfits |
| Asked For | $600,000 for 5% equity |
| Final Deal | $1,200,000 for 20% equity |
| Shark | Mark Cuban and Robert Herjavec |
| Episode (Shark Tank US) | SEASON 6 EPISODE 5 |
|---|---|
| Air Date | October 17, 2014 |
| Business Status | In Business |
| Red Dress Boutique Net Worth 2024 | $20 Million |
Diana Harbour and the designers of Red Dress Boutique company make unique and beautiful-looking dresses for women. Then they sell them in their own retail stores. At the beginning of this business, Diana Harbour started to sell her products online.
But, the design of Diana’s products was loved by her customers so, the sale of the Red Dress Boutique has increased rapidly. Diana Harbour is an ambitious woman and she took her company to the Television reality show ‘Shark Tank’ which was pretty much helpful for her business.
Red Dress Boutique Shark Tank Update:
Diana Harbour and her husband Josh Harbour took the products of Red Dress Boutique in Shark Tank season 6 episode 5 . The quality of the products was premium and the business plan of the head of this company was very brilliant. The founders of Red Dress Boutique then told the Sharks about the requirement of this company.
Red Dress Boutique asked $600K investment from the Sharks and Diana Harbour offered 5% revenue of the business. Investor Robert wanted 15% share to invest in that valuation. At last Mark Cuban and Robert Kiyosaki jointly made the deal with Red Dress Boutique and invested $1.2 million US dollars for 20% share of the company’s revenue.
What happened to Red Dress Boutique after Shark Tank:
After the Shark Tank’s appearance Red Dress Boutique has become of the multi-million dollar clothing companies in America. The authority of Red Dress Boutique has paid all the investing money of Shark Tank. Now Red Dress Boutique is one of the well-known brands and has a good reputation in the market. Maximum women love the design of Red Dress Boutique clothing.
Red Dress Boutique Net Worth 2024:
The net worth of the clothing brand Red Dress Boutique is $20 million US dollars in 2024. In 2014 the annual revenue of this company was $7.5 million US dollars. The average price of the Red Dress Boutique product is $75. According to the last report, the annual revenue of Red Dress Boutique was $14 million US dollars in 2022.
Red Dress Boutique Founders:
Diana Harbour and Josh Harbour are the founders of Red Dress Boutique company. Diana has left her well-settled job to establish her brand. In the beginning, Diana started to sell her products through an online page. She has earned a good amount of profit from her online clothing business. Then she founded the first store of Red Dress Boutique in 2005 which is situated in Athens, Georgia.
