ScotteVest Shark Tank Update | What Happened to ScotteVest at Shark Tank Pitch?

What is ScotteVest?

ScotteVest is a fashion brand who’s designed to perform a lightweight travel vest with several compartments.

Scott Jordan is the founder of ScotteVest; a company was founded in 2000 by Scott Jordan who is a former lawyer who worked as an associate for several companies after graduation for about ten years before launching the company.

He is still the company’s CEO today.

They specialize to both men’s and women’s sizes and offer a dozen or so styles in a variety of colors to select from.

Items such as passports, wallets, AirPods, iPads, sunglasses and pens.

This allows a user to keep all of the accoutrements that they normally bring with them while travelling professionally in one spot.

Who is the Founder of ScotteVest?

Scott Jordan is the founder of ScotteVest; a company was founded in 2000 by Scott Jordan.

He is a former lawyer who worked as an associate for several companies after graduation for about ten years before launching the company and is still the company’s CEO today.

The company was purposely focusing on both men’s and women’s sizes and offer a dozen or so styles in a variety of colors to select from.

This allows a user to keep all of the accoutrements that they normally bring with them while travelling professionally in one spot.

What Happened to ScotteVest at Shark Tank Pitch?

ScotteVest founder entered Shark Tank, seeking for $500,000 in exchange for 15% equity in the firm.

Kevin O’ Leary wants a bigger piece of the pie, but Jordan insists that he doesn’t need any help with his retail business. Jordan, on the other hand, is plainly upset by this offer.

Jordan makes it clear that all he wants are their business relationships and money.

Barbara Corcoran decided to speak out after making these statements, and she rescinded her resignation since she couldn’t work with him.

Cuban also refuses to invest because he feels that this brand will fail to thrive in the face of the next great technological breakthrough.

After extensive discussions with Jordan, Robert Herjavec was likewise unwilling to invest.

Jordan eventually exited the Shark Tank without a deal after his pitch.

What Happened to ScotteVest after the Shark Tank?

Despite the Sharks’ antagonism, Jordan’s company continues to show his high level of performance after he exited the Shark Tank presentation without a deal.

The company made nearly $20 million in sales in 2013 and, as previously stated, began suing the company for patent infringement in 2014.

The company later announced an updated jacket. The new garment has removable sleeves, speakers built into the collar, and solar panels on the shoulders for on-the-go charging.

On their website, customers may view all of ScotteVest jacket styles.

Both men and women can find a variety of options.

Along with jackets, ScotteVest now sells hats, pants, and a variety of other technologically advanced items. Despite the Sharks’ lack of excitement for ScotteVest, business is growing.

ScotteVest Competitors

Here are some competitors for ScotteVest BauBax, ZARA, Ayegear, Global Travel Clothing, H&M, Forever 21, Clothing Arts, Boohoo, Gucci and MANGO On-Line.

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Net worth of ScotteVest

The company’s annual revenue in 2021 is $9.06 million.

ScotteVest FAQs

What is ScotteVest?

It is a clothing apparel brand who’s designed to perform a lightweight travel vest with several compartments.

How ScotteVest Started?

The founder of ScotteVest Company is Scott Jordan.

When was the company started?

It was started in 2000.

What was their offer?

They were seeking $500,000 in exchange for 15% equity in the company.

Did they have a deal?

No, they didn’t.

Is still in business?

Yes, the company is still in business.

Does ScotteVest Ship internationally?

Yes, they do.

How much is the international shipping cost?

International shipping is calculated by weight so it may cost more depending on what they are ordering.

What are the different designs of ScotteVest?

They design for men and women with different colors.

How many colors are available in ScotteVest?

It offers a variety of colors to choose from.

Where can buy their products?

One can buy their products at Amazon.com, EBay, Walmart and Target etc.

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How many ScotteVest Jacket Styles are there?

It has a dozen or so styles in a variety of colors to select from.

What are ScotteVest new Jacket styles?

New jacket style has removable sleeves, speakers built into the collar, and solar panels on the shoulders for on the go charging.

How ScotteVest Work?

The ScotteVest products help people to stay organized while travelling without any hassle at all.  The accessories help the wearer to keep all their items in one place, making it easy to access them whenever they need them.

How Did They Do After the Show?

After their appearance on Shark Tank, ScotteVest saw a 40% increase in sales. They brought in over $20 million in 2014.

Where can I find ScotteVest?

Ketchum, Idaho, United States

What episode is ScotteVest from?

It was Season 3 Episode 7.

How does makes money?

It sells its product through online stores.

How much revenue does ScotteVest make?

The company’s annual revenue in 2021 is $9.06million.

How many employees does ScotteVest have?

They have around 163 employees.

What are the manufacturers for ScotteVest?

There is no information about the manufacturer for this brand, but it has manufacturing partners they use to make their product.  The manufacturing process of their products takes place in China and Vietnam.

What is the target market for ScotteVest?

The brand’s target market is mostly clothing, but they do sell accessories.  They also sell some accessories at their official website, but their primary focus is making clothing apparel.

What are the ScotteVest hours of operation?

They are open to answer any questions via phone or email.  Their customer service department is not open on holidays nor do they have a 24-hour hotline.

Is their product good?

The brand’s product is good and it is highly recommended.

What are the minimum requirements to buy ScotteVest?

There is no minimum requirement to use their product as it is available for everyone.  They also have a relatively inexpensive shipping cost.

What do I need to know about the shipping process before ordering from ScotteVest?

One should note that there may be a delay of order shipping with them, and one will need to wait for an order response from their customer service department.

What are their strengths?

ScotteVest has a wide range of products that are mostly affordable, easy to carry, and travel-friendly.

What are their weaknesses?

There is no information about ScotteVest.  It means they don’t have any weakness.

What is their marketing strategy?

They use their main website to generate interest and upload all the information about the product.

What is the company’s tag line?

The company’s tag line is “It can’t be beat.”

Can I ask you questions about ScotteVest?

Yes, one can contact them via email.  Only they will be able to answer your questions and provide any information about them personally.

Does ScotteVest deliver to Canada?

No, they do not.

Are there any discounts or systems that I can use with ScotteVest?

There are no discounts or systems to use with ScotteVest.  It means one will have to pay the best price for their products.

What is ScotteVest return policy?

They can return the product within 30 days after delivery date.

How often do they deliver new items to inventory?

One can expect to receive new items every month.

Can I buy ScotteVest products in bulk?

Yes, one can buy their products in bulk through the company’s website.

What payment methods do they accept?

One can choose to pay with Visa, MasterCard, American Express, Discover, PayPal and Apple Pay.