Style Club Shark Tank Update | Style Club after Shark Tank
What is Style Club?
Style Club is an exquisite synthesis of fashion and art. Each Style Club item instills a unique set of key values: be yourself, express yourself, be true to yourself, and never settle.
Hilary Novelle founded Style Club, which specializes in modern vintage apparel for women with a minimalist aesthetic influenced by underground artists, rebellious cultural icons, and social empowerment movements. Utilize vibrant colors and unique graphics.
Style Club allows youngsters to purchase limited edition clothing that is sponsored by celebrities. Style Club collaborates with celebrities such as Kelli Berglund and Sophie Tweed to create custom-made clothing.
Who is the founder of Style Club?
Hilary Novelle founded Style Club, which specializes in modern vintage apparel for women with a minimalist aesthetic influenced by underground artists, rebellious cultural icons, and social empowerment movements.
Her motive for establishing the firm may be traced back to her history. Hillary Novelle was already rubbing elbows with celebrities and touring at the juvenile age of 12.
She has got the opportunity to open for Destiny’s Child and Christina Aguilera. In terms of fashion, she was kept by Levi while on tour owing to her sense of style.
Since she was a child, Hillary has been fascinated by fashion and celebrities. Due to her outstanding fashion sense, she was dubbed Levi’s Girl. It is not coincidental that she founded the Style Club.
Hillary Novelle admits that she founded the firm in order to empower women. This struck a chord with women and established a distinct selling point.
Hillary is a seasoned fashion designer who launched and marketed a tween cosmetics brand at the age of sixteen. She began her career as an opening act for Destiny’s Child and Christina Aguilera.
She created her own stage outfits and was dubbed the “Levis girl” by tour sponsor Levi’s Jean. She attended Columbia University and went on to work as a fashion critic for the Style Haul YouTube channel after graduating in 2007.
In 2014, she founded The Style Club, which specializes in custom-made celebrity-themed clothes for adolescent females. She developed a thriving online network across many social media channels.
By collaborating with celebrities whom teenagers like, she is able to keep up with their volatile fashion trends. Her mission is to be a “one-stop shop for developing flash sale, limited edition capsule collections featuring rising Hollywood stars.”
Muse is limited edition collaboration between actress Kelli Berglund and renowned stylist Adeel Khan.
The Style Club’s merchandise is mostly comprised of reasonably priced jeans, jackets, sweatshirts, and caps. She intends to travel around the country, interacting with teenagers in small communities.
What Happened to Style Club at Shark Tank pitch?
Hillary decided to go to Shark Tank in order to find a business partner with whom she could collaborate to build the firm.
Hillary offers $500,000 for a 20% stake in her company, which is valued at $2.5 million. Onstage, there are numerous “mannequins” dressed in her clothes.
They are, in fact, actual individuals! She presents her pitch and informs them where they can buy her clothes. She gives each of the Sharks a personalized varsity jacket, which costs $60.
She has apparel at all Urban Outfitters locations. The corporation approached her because of her social media skills.
She went on to say that in about 3-4 months, she made $400,000 in sales. Unfortunately, she has a contract with Urban Outfitters. Kevin is irritated by this and left from the deal.
Robert inquires about the long-term strategy, but Barbara intervenes. She claims that there is no longer room for a partner and that she is exit the deal.
Lori believes she should continue to move stuff through Urban Outfitters, which contradicts Hillary’s idea of online sales; she’s out. Robert believes that $500,000 is too much given the lack of facts, so he quits.
Daymond offers $500,000 in exchange for 33.3% equity. Mark approaches the situation from a fresh aspect, offering a $500,000 line of credit at 8% in exchange for 22% equity in the company; Hillary accepts, and they ultimately reach a deal.
What Happened to Style Club after Shark Tank?
The deal with Mark has been finalized. Following her appearance on Shark Tank, Hillary launched her online store and expanded her distribution network.
This transaction generated considerable debate. Mark, a billionaire investor, claimed to have invested in The Style Club in 2012, and Hillary subsequently established a NEW Style Club to sell to Shark Tank.
As of November 2021, the company’s social media profiles are operational through May 2021. Style Club may be purchased straight from the company’s website or through a variety of stores around the United States.
Macy’s, Forever 21, Urban Outfitters, Nordstrom, American Eagle Outfitters, Asos, Skinny Dip, Amazon, State of Myne, Halcyon, Ludovica, Lisa Says, Be, and Cedros Soles all carry Style Club.
Because the majority of them are one-off sites, particularly the ones mentioned after Amazon, The Style Club may not be immediately accessible in your region.
Style Club maintains its social media hegemony. Style Club’s costs appear to have fallen down, with jeans starting at roughly $49 and accessories ranging from $10 to $18.
Numerous new goods are being introduced, including some striking new designs such as jumpsuits and overalls. As of November 2021 the company has annual revenue of $748,000.
Competitors of Style Club
The company competes with the following competitors; Glamhive, Wishi, Yuno, Inc., Spottinstyle and FAPL / To the Tens.
Net Worth of Style Club
The company was valued $2.5 million during the pitch, after the Mark Cuban’s investment the company was valued at $2.3 million and since then the company had done a lot of sales which might increase the net worth of the firm.
Style Club FAQs
What is Style Club?
Style Club is an online retailer of fashion for teenage girls. The company deals with young women who want to wear clothes that are unique and attractive.
For example, Hillary Novelle believes that a person should have their own style; they should be able to express themselves in their appearance without it looking like they are trying too hard.
Who is the founder?
Hillary Novelle is the founder and CEO of Style Club. She previously worked as a fashion critic for a YouTube channel called Style Haul, where she presented fashion related topics to viewers.
Hillary utilized social media in order to develop relationships with celebrities and get them to wear her line of clothing.
How much was asking on Shark Tank?
Hillary was asking for $500,000 for 20% of the company.
Did she get the deal?
Yes, she was able to secure a deal with Mark Cuban.
How did she get the deal?
Mark Cuban offers her $500,000 on credit line for 8% interest with 22% equity shares of the company.
What happened after the deal?
Hillary launched the online store right after the deal was signed and she expanded her distribution network.
What is Style Club made of?
Style Club uses high quality fabrics and fine tailoring to make exclusive designs for young women in mind.
What is Style Club business model?
Style Club is a place where you can buy celebrity-inspired clothing at an affordable price.
Hillary Novelle designs clothes inspired by the latest trends and celebrities, and sells them to her fans through her various social media platforms.
How did the style club do after Shark Tank?
Less than two years after The Style Club’s November 2016 episode aired, the firm has secured relationships with other large shops.
In 2018, The Style Club has expanded beyond Urban Outfitters to shops such as Forever 21, Macy’s, American Eagle Outfitters, and Nordstrom.
What happened to style club in the end?
Style Club had a successful launch and grew in terms of revenue.
How do I buy?
Style Club’s online store is currently open for online purchases.
How do I order?
Style Club’s online store uses phone and email orders.
How do I pay?
Style Club accepts payments through credit card, PayPal and bank transfer.
How do I cancel?
One can cancel their account by emailing customer service. There are no refunds on sales.
Who is Hillary Novelle?
Hillary Novelle is the founder and CEO of Style Club; she also worked as a fashion critic for a YouTube channel called Style Haul, where she presented fashion related topics to viewers.
She utilized social media in order to develop relationships with celebrities, bars her items and gets celebrities to wear her lines of clothing.
What is the net worth of Hillary Novelle?
The net worth of Hilary Novelle Hahn is $14 Million.