Gayla Bentley Fashion Shark Tank Net Worth 2023
Gayla Bentley, a woman’s plus-size fashion apparel entrepreneur, asked for $250,000 in exchange for 20% equity deals. This would have been a $1 million valuation of her company.
However, she accepted the offer of only $250,000 but opted to receive 50% equity instead, thus bringing down the company valuation to $500,000.
In 2017, unfortunately, Bentley’s Houston home was flooded after Hurricane Harvey and she lost most of her possessions which resulted in her discontinuing selling clothes as a result.
Presently though, according to her website she is involved in corporate training on style with Fortune 500 companies, developing television series and working with Hurricane Harvey victims to style their renovated homes.
What is Gayla Bentley Fashion?
Gayla Bentley is a fashion designer who offers fashionable clothing to modern women around the world, regardless of their size or shape. This is a rare quality in the fashion industry, but Gayla Bentley Fashion was founded on this principle by Gayla Bentley herself. The company offers high-quality clothing in more than 12 sizes and has become a popular choice for plus-size fashion wear for women.
Gayla Bentley Fashion was featured on Season 1 Episode 9 of Shark Tank, where the Sharks were impressed by the brand’s potential due to the high demand for this style of clothing.
Shark Daymond John, who has experience in the fashion industry, offered a $250,000 investment for a 50% stake in the company. However, after further negotiations, he invested $250,000 for a 20% stake.
Unfortunately, Gayla Bentley Fashion did not experience any significant growth following the show.
Gayla Bentley Fashion after the Shark Tank
Gayla Bentley Fashion entered into a deal whereby they received a $250,000 investment in exchange for a 50% ownership stake, implying a market value of $500,000. However, Daymond’s investment was conditional upon their securing an agreement with Women’s House. Gayla agreed to the offer on the condition that she retains complete creative control.
The appearance of Gayla Bentley Fashion on Shark Tank was a success, despite being in its early stages. However, even after the show, the company failed to take off due to its outdated website, which showcased few styles.
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Gayla now markets herself as a “style guru, fashion designer, television personality, motivational speaker, and visionary” on her website.
Gayla Bentley Fashion Shark Tank Updates
Gayla Bentley appeared on Season 1 Episode 9 of Shark Tank seeking $250,000 for 20% of her women’s plus-size fashion brand, Gayla Bentley. She aimed to fight against fashion discrimination by catering to women from sizes 12 to 28.
Over 60% of American women wear sizes over 12, but most stores carry sizes from 00 to 12. Larger, “plus” sizes tend to be limited in selection and are often tucked away in small special sections, rather than on the floor with the smaller sizes.
During her pitch, Gayla Bentley earned a deal with Barbara Corcoran for $250,000 for 50% equit2. Gayla Bentley Fashion earned $600,000 in the previous year. The company is ten years old and the entrepreneur was looking for money to be able to open a flagship store in Houston, TX.
As of April 2023, there are no recent updates on Gayla Bentley Fashion’s progress or whether the flagship store has been opened.
Gayla Bentley Fashion Shark Tank Table Summary:
INFORMATION | SUMMARY |
Founder | Gayla Bentley |
Product/Service | Plus-size women’s fashion apparel |
Valuation | $1 million before Shark Tank; $500,000 after |
Shark | Daymond John |
Deal | $250,000 for 20% equity (later changed to 50%) |
Outcome | No significant growth after Shark Tank |
Updates | No recent updates as of April 2023 |
Design Philosophy | Fashion is not about size but about style |
Mission | To inspire women and fight against fashion discrimination |
Achievements | $600,000 in revenue in the previous year |
Gayla Bentley Fashion FAQs
What Is Gayla Bentley Fashion And How Does It Work?
Gayla Bentley Fashion is a high-end apparel brand that caters to women sizes 12 and up. The company was founded by Gayla Bentley, a fashion designer who saw a void in the retail world for beautiful clothes for modern women in larger sizes.
Over 60% of American women wear sizes over 12, but most stores carry sizes from 00 to 12, leaving larger sizes with limited selection and often tucked away in small special sections. Gayla Bentley Fashion aims to change this by providing high-quality, stylish clothing for women in larger sizes.
The company has been in business for over ten years and earned $600,000 in the previous year. Gayla Bentley Fashion has not disclosed much information about how the company works, but it is known that the entrepreneur is looking for money to be able to open a flagship store in Houston, TX.
Gayla Bentley Fashion’s mission is to inspire women to realize that fashion is not about size but about style.
What Is The Design Philosophy Of Gayla Bentley Fashion?
Gayla Bentley Fashion’s design philosophy is to inspire women to realize that fashion is not about size but about style. The brand aims to fill the void in the retail world for high-end beautiful clothes for modern women sizes twelve and up.
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Gayla Bentley calls these women “modern women” because 60% of women in the US fit into that category. The brand believes that these women are tired of being ignored by fashion designers or needing to shop in the far reaches of department stores.
Gayla Bentley Fashion wants to make sure that these women have access to beautiful and stylish clothing. The brand’s founder, Gayla Bentley, has over 20 years of experience as a style consultant. She loves to inspire, entertain, and educate people to discover their own personal best.
What Was The Outcome Of The Gayla Bentley Fashion Shark Tank Pitch?
Gayla Bentley pitched her Gayla Bentley Fashion line on Season 1 Episode 9 of Shark Tank, seeking $250,000 for 20% equity in her plus-size women’s fashion brand. She was able to secure the investment from the Sharks.
However, there is a discrepancy in the equity percentage that she gave up. One source states that she gave up 20% equity12, while another source states that she gave up 50% equity.
Regardless, the Sharks were interested in investing in her brand because they recognized the underserved market for sizes 12 to 28 in the women’s fashion industry.
Did Gayla Bentley Get A Deal On Shark Tank?
Yes, Gayla Bentley was able to secure a deal on Shark Tank. She pitched her Gayla Bentley Fashion line on Season 1 Episode 9 of Shark Tank, seeking $250,000 for 20% equity in her company.
She was able to secure the investment from the Sharks, but there are conflicting reports on the equity percentage that the Sharks received.
One source states that the Sharks received 20% equity, while another source states that they received 50% equity.
What Happened To Gayla Bentley After Its Appearance At The Shark Tank?
Gayla Bentley was able to secure a deal on Shark Tank and received an investment of $250,000 for 20% equity in her company. However, there are conflicting reports on the equity percentage that the Sharks received.
One source states that the Sharks received 20% equity, while another source states that they received 50% equity. The company earned $600,000 in the previous year.
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Gayla Bentley Fashion aims to fill the void in the retail world for high-end beautiful clothes for modern women sizes twelve and up.
There is no recent update on the company’s progress or any significant changes since its appearance on Shark Tank.
Gayla Bentley, who is she?
Gayla Bentley was a fashion designer who debuted on Shark Tank in its inaugural season, pitching her apparel line.
What is Gayla Bentley’s sense of style?
After seeing a lack of quality apparel for plus-sized women in retailers, Gayla Bentley Fashion was founded with the goal of providing a range of high-quality clothing to plus-sized women.
What are the products?
Gayla has created plus-size multiple designs over the years, including sundresses, designer apparel, Tankini swimwear, and fitness gear.
What made Gayla Bentley decide to establish her own company?
Gayla Bentley recognized an opportunity to launch this firm after working in the fashion industry for several years and seeing that certain designers were prejudiced about sizing in high-end garments.
What is Gayla Bentley’s New Clothing Line?
Gayla Bentley claims to be a fashion designer, and she believes there is a need in the retail sector for high-end, attractive clothing for modern women in sizes 12 and higher.
What size clothes do you sell?
Her company specialized on high-end, trendy apparel for plus-size ladies in sizes 12 to 18.
Which shark tank episode aired the Gayla Bentley Fashion?
In episode 109, Gayla Bentley takes her Gayla Bentley Fashion brand to the Sharks in the hopes of reaching a market in the women’s fashion sector that is underserved: 12 to 28 sizes available.
What are the sales numbers?
Herjavec inquires about sales, to which Bentley responds that they are solid, averaging over $500,000 each year.
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What exactly is the problem with bigger women?
Premium apparel for bigger ladies isn’t available in stores.
What’s the proposal to the shark tank?
Bentley enters the tank with a request for $250,000 in exchange for a 20% stake in her firm.
What are your goals?
She also hopes to be able to grow her clothes line and sell it abroad.
What is Gayla Bentley’s Business?
Gayla Bentley introduced herself as the designer and founder of the Gayle Bentley Fashion Design Group.
What is Gayla Bentley’s estimated net worth?
Gayla Bentley, a woman’s plus-size fashion apparel entrepreneur, asked for $250,000 in exchange for 20% deals.
That is a $1 million valuation.
She accepted $250,000 in exchange for 50% equity, cutting the company valuation to $500,000.
What is Gayla Bentley’s sense of style?
Gayla Bentley Fashion is a high-end clothing brand based in Houston, Texas, founded by one entrepreneur named Gayla Bentley.
What really was the deal?
The sharks offer the entrepreneur $250,000 in return for 50% stock in the company if the entrepreneur agrees to a partnership with Women’s House.