Gayla Bentley, Founder and CEO of Gayla Bentley Fashion Design Group appeared on Shark Tank and asked the Sharks for $250,000 for 20% equity at a $1.2 Million Valuation. This company designs clothes for American women whose size is 12 over.
There are 60% American women who wear clothes of size 12 and above, but most of the brand stores have women’s clothes up to size 12. But women whose size is more than 12 have to struggle to fit clothes.
The target audience of this clothing brand is the 60% American women who wear sizes over 12. Daymond John and Barbara Corcoran took an interest in the business and invested $250,000 for 50% equity at a $500k Valuation.
What Is Gayla Bentley Fashion?
Gela Bentley Fashion is a clothing brand that sells clothes for sizes more than 12. According to the International Journal of Fashion Design, the average size of American women is 16. The first flagship store of this brand was opened in Houston, Texas, United States.
Company Name | Gayla Bentley Fashion | |
Founder | Gayla Bentley | |
Founded | 2001 | |
Product | Clothes for women over size 12 | |
Asked For | $250k for 20% equity | |
Final Deal | $250k for 50% equity | |
Shark | Barbara Corcoran | Daymond John |
Episode (Shark Tank USA) | S1 E9 | |
Air Date | Oct 13th, 2009 | |
Business Status | In Business | |
Website | Visit Website | |
Headquarters | Greater Houston, Texas, USA | |
Lifetime Worth (Sales) | $10M *estimated | |
Buy and Watch | Buy Now | Amazon Prime |
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Another Shark Tank Pitch
Who Is The Founder Of Gayla Bentley Fashion?
Gayla Bentley is the founder and CEO of the Gayla Bentley Fashion Company and she started this company in 2001. She studied Theater and Speech Communications at the University of Rhode Island.
She has worked at Saks Fifth Avenue as the Fifth Avenue Club Director for 10 years.
How Was The Shark Tank Pitch of Gayla Bentley Fashion?
Bentley asked the Sharks for $250k in exchange for a 20% stake in the company. The cost of this company’s luxury cloth design is $470 which is very expensive. The jacket making cost $125 to make. Sells only in wholesale and online stores.
She has made sales of $0.5 million in a year. Kevin Harrington said it’s a scary business for him, so he’s okay. Kevin O’Leary and Robert Herjavec also refused to invest in this business.
Barbara Corcoran said she would invest $125k but Bentley would have to bring another partner, Daymond John, into the deal. Daymond and Barbara offered $250k for 50% equity, and Bentley accepted the offer.
Sharks Offers list!
Sharks | Offers |
---|---|
Barbara Corcoran | $125k for 25% equity |
Kevin O’Leary | No Offer |
Robert Herjavec | No Offer |
Daymond John | $125k for 25% equity |
Kevin Harrington | No Offer |
Founder’s (Countered) | No Counter |
Final Deals | $250k for 50% equity |
What Happened To Gayla Bentley Fashion After Shark Tank?
Gayla Bentley Fashion gets a deal in Shark Tank Daymond John Barbara Corcoran invests $250k in this company for 50% equity. After 2020, she was not able to sell her clothing line for long.
She started working with corporations and Fortune 500 companies. After exploring the official website and all the social handles, it seems that this company has gone out of business. At present there is no concrete evidence to prove that it is out of business.
Gayla Bentley Fashion Shark Tank Update
After a few years of this episode airing, no sales information related to the business has been revealed. We are following this company and its founder Gayla Bentley for more information.
What Is Gayla Bentley Fashion’s Net Worth?
Gayla Bentley Fashion’s net worth is estimated at $0.9 Million. Every year many clothing startups are started but there are only a few startups that become big due to uniqueness and marketing.
Annual Revenue by Years
Note: This report is based on our research and data so far. In this, we are only estimating the annual revenue.
Years | Annual Revenue |
2001-24 | $10M *estimated |
Funding Reports to Date!
Years | Funding Amount | Investor |
2009 | $250k | Barbara Corcoran Daymond John |
Is Gayla Bentley Fashion Still In Business?
It does not seem that Bentley is still associated with this business, although the company’s official website is still live but does not contain useful information.
According to the LinkedIn profile of the business, the official address of this company is Greater Houston, Texas, United States.
Yes, Gayla Bentley Fashion is still in business as of March 2024.
frequently asked questions
Who founded Gayla Bentley Fashion?
Gayla Bentley Fashion was founded by Gayla Bentley.
Did Gayla Bentley Fashion get a deal on Shark Tank?
Yes, Gayla Bentley Fashion gets the deal in Shark Tank.