
The Red Dress Boutique
Online women’s fashion retailer The Red Dress Boutique appeared on the sixth season of Shark Tank. Husband and wife team Diana and Josh Harbour came onto the show to pitch their successful online retailer, which had already generated $7 million in sales in three years. They wanted to get help from the Sharks so Diana could start designing her own clothing to sell along with pieces she curated.
Sharks Mark Cuban and Robert Herjavec teamed up to invest $1.2 million for 10 percent equity in The Red Dress Boutique. In just one week after appearing on Shark Tank, the company sold over $1 million worth of clothing. Mark Cuban estimates that The Red Dress Boutique is making him upwards of $500,000 per year.