What Happened to Lord von Schmitt After Shark Tank?
What is Lord von Schmitt?
Lord Von Schmitt is a thriving high-end fashion house. They reinterpreted crochet (a method for generating textured cloth with a hooked needle) by incorporating 1970s psychedelic themes into the designs.
You may shop for ready-made items such as umbrellas, underwear, pants, blankets, socks, and baby apparel. You may also request customized designs.
Schuyler Ellers, the company’s inventor, CEO, and designer, owns Lord von Schmitt. His undergraduate moniker inspired the name of his firm. He was a former Spanish English instructor who dabbled in acting.
Who is the founder of Lord von Schmitt?
Lord von Schmitt’s founder and CEO is Schuyler Ellers. Ellers discovered her love of costume design while studying at Columbia University. Following college, he moved to Barcelona and worked as a costume designer for low-budget films, making do with whatever he could find at charity shops.
Ellers soon learned to knit and sew after his housemates showed him. He knew, however, that this was not the most efficient technique of creating garments.
He noticed Afghans pouring with vivid colors and elaborates motifs on his forays into secondhand stores. Ellers saw it as folk art created by artisans in the past, not crocheted blankets. He took advantage of the opportunity to turn them into ‘wearable sculptures.’
Lord von Schmitt was established as a result of this in 2010. It was Ellers’ collegiate moniker. The company makes high-fashion knitwear that is both warm and comfortable. The fashion trend may be traced back to the 1970s.
While browsing secondhand stores, he came upon antique Afghans for $2 each. He came up with a way to repurpose them into clothing, and the rest is history.
In 2010, he displayed his wares in a fashion show in Los Angeles, but he was unable to sell anything. He decided to open an Etsy business called Lord Von Schmitt, a play on his university nickname.
In 2015, the E! Television network ran a segment on his crocheted shorts, prompting him to receive 60 orders in a couple of days. In the years afterwards, he has sold about 2000 products on his website.
Eller currently lives in Nevada City, where he sells his collection of pants, shirts, jackets, and other clothing. Several of the items are rather pricey.
$2499.00 for a one-of-a-kind tail coat (as seen on the show)! The bulk of his items are priced between $100 and $300, and he sells them on Etsy and Amazon.
What Happened to Lord von Schmitt at Shark Tank pitch?
Schuyler Ellers joins the Shark Tank with Lord Von Schmitt, his whimsical clothing made from repurposed Afghans, in Shark Tank episode 1123. He wants a Shark to help him popularize his clothing.
Schuyler entered the Shark Tank seeking $100,000 in return for a 10% stake in his business, which was valued at $1 million.
He tells the Sharks his story and provides them some of the colorful attire to put on. Prior to the demonstration, though, Schuyler was joined by a coworker.
Sharks inquire about the wares, to which he answers by explaining that they are handcrafted and recyclable. He goes on to say that it cost $30 to produce and $128 to sell on his website.
Robert enquired about the cost of the short shot ($58) and the entire outfit ($300). A great business plan, excellent financials, and sales data will impress the Sharks.
When Robert enquired about his sales, he claimed that he had $198,000 in income during the previous four years and $37,000 in revenue in 2020.
Lori asks if this was a full-time position, and he confirms that it is. Kevin believes that paying him $100,000 is the equivalent of a ten-year sale. Lori asked how many units he had sold, and he said that he had sold 10.
Mark was the first Shark to quit, citing the sale, followed by Robert, Lori, and Daymond. Kevin rushes in as if to make an offer, giving Schuyler hope, and even the other Sharks were taken aback as protestors shouted, but Kevin soon announces his departure. Schuyler walked away from the pitch without a deal.
What Happened to Lord von Schmitt After Shark Tank?
Despite leaving the pitch without a deal, the company is still in operation as of February 2022, and Schuyler is an active member of the firm, residing in Nevada City and working from home, producing and selling his items through his website and online retailers like Etsy and Amazon.
Net Worth of Lord von Schmitt
During and after the pitch, the firm was valued at $1 million.
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Lord von Schmitt FAQs
What is Lord von Schmitt?
Lord von Schmitt is a crocheted humanoid dressed in bright clothing that produces popular crochet creations out of reused old Afghans.
Who is Lord von Schmitt’s founder?
Schuyler Ellers is the founder, CEO, and designer of Lord Von Schmitt. He lives in Nevada City and has sold goods ranging from reusable apparel to knitted shorts through his website, Etsy Shop, and Amazon shop.
How much money was sought on Shark Tank?
Schuyler was looking for $100,000 in return for 10% equity in his firm, which he valued at $1 million.
Did Schuyler have the deal?
No, despite his enthusiastic and smart presentation, Schuyler was unable to obtain a transaction.
Is Lord von Schmitt still in business?
Yes, the company is still in business, and the founder looks to be content with his present working conditions.
Where is Lord von Schmitt located?
The firm is based in Nevada City, California.
How does Lord von Schmitt earn money?
Schuyler makes money by selling his things online through his website and marketplaces such as Etsy and Amazon.
What does Lord von Schmitt have to offer?
Lord Von Schmitt sells a large variety of clothing, including shorts, sweaters, coats, skirts, and more. Gloves, caps, scarves, and other accessories are also available.
What is the address of Lord von Schmitt’s website?
The official website may be found at http://lordvonschmitt.com/. It enables customers to purchase apparel and accessories such as coats, caps, shawls, sweaters, skirts, and gowns.
Lord von Schmitt sells what kind of clothing?
It sells fur goods ranging in price from $99 to $300.
Is Lord von Schmitt available for shipping?
Yes, it provides free delivery on all orders over $50 in the United States.
How long does shipping take?
The things will be delivered in at least two weeks.
Where does Lord von Schmitt ship from?
It is shipped from North America by the US Postal Service.
Is Lord von Schmitt willing to take returns?
Yes, returns are accepted within 14 days after delivery. The customer will be responsible for the cost of return postage.
What is the best way for me to pay for Lord von Schmitt?
Payment methods accepted by the firm include PayPal, credit/debit card, and bank transfer.
Is there an affiliate program for Lord von Schmitt?
No, there is no affiliate program.
