What Happened to Skinny Shirt After the Shark Tank Pitch?
What was a Skinny Shirt?
Skinny Shirt is a unique product that comprises of a button-down shirt (or blouse) with a flexible material collar and buttons.
The Skinny Shirt has the appearance and feel of a button-down shirt beneath a sweater or jacket, but it’s designed to fit like a camisole, without the material folds and bulges that ordinary button-down shirts may cause.
Who is the Brains behind Skinny Shirt?
Skinny Shirt’s creator, Julie Kalimian, began her career in advertising and as a sales representative for Vanity Fair. She then worked at Conde Nast as an advertising manager.
Her previous job before starting Skinny Shirt was as Vice-President of Marketing at News Week. At the time, Julie is still the CEO of Skinny Shirt.
After taking time away from work to raise four children, Julie was inspired to invent the Skinny Shirt, and Kalimian began selling her line in late 2010.
One thing she missed about working was the opportunity to dress up.
She wanted the look of a button-down and sweater set but in a format that was easy to wear and gave a smooth line because she only had a limited amount of time at home to get dressed.
Kalimian, baffled by the lack of a stretchy garment with a button-down collar on the market, created her own, developing the distinctive garment that Skinny Shirt sold during its life.
What Happened to Skinny Shirt at the Shark Tank Pitch?
Julie made her appearance on Shark Tank Season 6 Episode 13 in quest of $100,000 in return for a 20% ownership in her firm. This translates to a $1 valuation.
She is accompanied by a model who steps behind a screen and changes into one of the shirts, much to the delight of the male Sharks.
She claims to have made a half-million dollars in sales, but just $50,000 last year due to an agreement with a poor manufacturer.
Mark is concerned that her sales are slowing. They are referred to as logistics concerns by Mr. Wonderful.
Lori supports her, but Mr. Wonderful refers to Julie as a bug, which Julie disputes.
Mr. Wonderful isn’t certain she’s a good bet, so he withdraws.
Mark highlighted that, while her intended use of monies constituted a financial-management problem, her capacity to manage cash efficiently was his primary concern.
His calculations did not match hers, and as a result, he was eliminated; he’s also gone.
Although Robert believed The Skinny Shirt was a fantastic product, he was skeptical about Julie.
He thought Julie lacked a long-term strategy for building her firm, and he backed out of the discussions as a result of his reservations.
Lori saw the Skinny Shirt concept’s viability. Lori, on the other hand, didn’t like the shirt and sweater mix; she wasn’t sure whether it was still trendy, and she didn’t understand the fashion statement. Lori had left the house.
Barbara feels she did an excellent job defending herself against the Sharks, but she believes she took too long dealing with manufacturing issues, thus she’s gone.
What Happened to Skinny Shirt After the Shark Tank Pitch?
Skinny Shirt appeared to have prospered in the aftermath of the shark tank. Julie’s expanding merchant network is largely to blame for the rise she indicated in a January 2016 interview.
The Grommet is a web-based platform that allows small businesses to create and sell products online. Skinny Shirts are available in over 300 retailers as well as on QVC.
This firm has gone out of business. Social media has been idle since June of 2018, and the website has gone.
Please notice the following Facebook post.
Hello, Skinny Shirt customers. We sincerely regret for the order delays that have occurred from 5/22.
We have a very small crew since we are closing. The order-processing employee recently lost a family member. As a result, she’s been on the road. As a result, not all orders were completed.
They are expected to be processed within the following week. We apologize once more for any inconvenience this may have caused. Thank you very much for all of your assistance along the way.
What is the Net Worth of Skinny Shirt?
Julie makes her appearance on Shark Tank Season 6 Episode 13 in quest of $100,000 in return for a 20% ownership in her firm. This translates to a $1 million valuation.
Who are the Competitors of Skinny Shirts?
Skinny Shirt does not have any competitors.
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Skinny Shirts FAQS
How are the shirts made?
The process begins with a shirt that’s typically cotton or polyester and folds into a true camisole. The neckline is taken in by hand and buttonholes are sewn on each side. Buttonholes may also be added to the sleeves.
How do they wash Skinny Shirts?
They should hand-wash Skinny Shirt. They may also put it in the machine on a delicate setting and air dry.
Is Skinny Shirt made of cotton and polyester?
Skinny Shirt are made of cotton and polyester. They come in a variety of colours and several sizes, including petites for shorter women.
Who founded Skinny Shirts?
Skinny Shirts was founded by Julie Kalimian.
Where can they buy Skinny Shirt?
Skinny Shirt is no longer available.
How much does a Skinny Shirt cost?
The products have been discontinued.
How much was Julie Kalimian seeking in the Tank?
She wanted $100,000 in return for a 20% ownership in her firm. This translates to a $1.
How much did they receive from the Sharks?
None of the Sharks shows interest in investing in Skinny Shirt.
What happened to Skinny Shirt after the Shark Tank?
This firm has gone out of business. Social media has been idle since June of 2018, and the website has gone.
Where was Skinny Shirt located?
They were based in New York.
