What Happened To Baubles + Soles After Shark Tank?
Baubles + Soles After Shark Tank Update: Baubles + Soles is a California-based interchangeable shoe brand. When their daughter Kaya was 10 months old, someone had given her a pair of shoes that had a red heart on it.
Lisa got an idea of why not change this red heart and attach something else. From this idea “Baubles + Soles” was born.
What Are Baubles + Soles?
Baubles + Soles is a brand that sells interchangeable shoes. The shoes of this brand are slip-resistant, machine washable, and 100% recyclable.
There are many females who keep a collection of different shoes for their children and themselves for parties or occasions. It costs a lot to buy shoes only. The solution to these problems is interchangeable shoes, which try to give different looks to the same shoe.
The look of the shoe can be changed by attaching different Baubles to it. You can buy these products from Amazon and the company website.
Who Is The Founder Of Baubles + Soles?
Lisa Nguyen is the founder and CEO of Baubles and Soles and her husband Duc Nguyen is the co-founder of the company.
After completing her Master of Laws from the University of Sydney, Lisa worked as the Executive Director of “Voice” for 3 years.
Baubles + Soles Shark Tank Update
| Company Name | Baubles + Soles | |
| Founder | Duc Nguyen and Lisa Nguyen | |
| Founded | 2017 | |
| Product | Interchangeable American-made shoes | |
| Asked For | $100k for 15% equity | |
| Final Deal | $100k for 25% equity | |
| Shark | Daymond John | |
| Episode (Shark Tank USA) | S11 E7 | |
| Air Date | Nov 10, 2019 | |
| Business Status | In Business | |
| Baubles + Soles Net Worth | $1.5M *estimated | |
| Headquarters | Huntington Beach, California, United States | |
| Baubles + Soles Instagram | View Profile | |
| GO TO AMAZON | Buy Now | |
Also Read This: What Happened To Ka-Pop! After Shark Tank?
Baubles + Soles on Shark Tank Pitch
Husband and wife team Duc Nguyen and Lisa Nguyen explained their business to the sharks after entering the shark tank. They asked the sharks for $100k for 15% equity.
The base shoe with packaging costs $11, retails for $49.95, and wholesale for $25. In the last 12 months (2018), they have done sales of almost $150,000.
All the sharks dropped out because they felt this business was not right for them. Seeing this thing, Lisa was very shocked. Lisa asks the sharks to “de-risk” the deal, prompting Diamond John to offer $100k for 25% equity.
Baubles + Soles Net Worth
The current net worth of Baubles + Soles is estimated at $1.5 million. Footwear is a complicated industry, there are many brands that are already sitting in this industry by capturing the big market. It is very difficult for a new brand to be successful in this industry.
Is Baubles + Soles Still In Business?
Yes, Baubles and Soles are still in business as of June 2023.
Baubles + Soles Business was started in 2017 and now this business is also available, but there is no proper information available for the proper growth of the business.
California base The company is headquartered in Headquarter Huntington Beach, California, United States and employs 2-10 people.
FAQs
Lisa Nguyen is the founder and CEO of Baubles.
The current net worth of Baubles + Soles is estimated at $1.5 million.
Yes, Baubles and Soles are still in business as of June 2023.
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