What Happened to Pillars of Slippers after Shark Tank? Pillars of Slippers Shark Tank Update
What is Pillars of Slippers?
Pillars of Slippers is a virtual premium shoe concierge service that offers exceptional deals on designer shoes and handbags.
Our goal is to make it convenient for busy women to shop for discounted designer items from the comfort of their own home, while also being a part of the Amor community which emphasizes making a positive impact in their local neighborhoods.
Who is the founder of Pillars of Slippers?
Nicole Jones, the founder of Chicago-based Pillars of Slippers, has a lifelong passion for shoes.
Her company, Pillars of Slippers, offers in-home shoe purchasing events where Nicole presents a variety of shoes to smart buyers.
She emphasizes that the events are not just about buying shoes, but also about having a fun and festive experience. Nicole provides a pink carpet, strawberry truffles, and champagne to create a party atmosphere.
She states that her events are very popular and she sells a lot of shoes. However, she is seeking assistance from the Sharks to expand her business and bring her shoe parties to women across America.
What Happened to Pillars of Slippers at Shark Tank pitch?
Nicole Jones sought the help of the Sharks on Shark Tank to grow her Pillars of Slippers company and went into the tank seeking a $150,000 investment for a 15% stake in her business, which she valued at $1 million.
She presented her business through a lighthearted fashion display, but the conversation quickly turned serious.
Jones argued that her brick-and-mortar location was becoming a liability and her revenues had mainly been generated through house parties and her website.
She intended to close the storefront and focus on home-party and internet sales distribution. She also planned to develop a franchising concept where women could invest $100,000.
However, the Sharks were not convinced by her plan and all of them eventually decided to exit the deal, with Kevin O’Leary stating that her “nutbar” quotient was too high. Jones ultimately left the pitch without securing a deal.
What Happened to Pillars of Slippers after Shark Tank?
After appearing on Shark Tank and losing, Jones retained her confidence and decided to downsize her franchise concept, opting for a more subtle vehicle instead of the flashy pink SUV.
Unfortunately, the Sharks’ concerns about Pillars of Slippers proved to be accurate and Jones ended both her online and party sales.
Despite this setback, she continued to experiment with design and sales on a smaller scale, searching for new ways to showcase her unique entrepreneurial flair. Eventually, the company closed its operations.
Competitors of Pillars of Slippers
There are various options available both online and in physical stores for women looking for high-end handbags, shoes, and accessories, including competitors such as Bandolino, Betsey Johnson, and Louboutin.
Net Worth of Pillars of Slippers
“At the time of the pitch, the company was valued at $1 million. However, the company is now out of business, so its current net worth is not known.
Pillars of Slippers FAQs
What is Pillars of Slippers?
Pillars of Slippers are a Virtual Premium Shoe Concierge Service that provides exceptional prices on designer shoes and handbags.
It is a truth that women work extremely hard on their feet each day while juggling many duties in their family, professional, and personal lives.
They want to make it easy for her to relax in the comfort of her own home, buy online, receive discounted designer things, and are a part of the Amor community, which is focused on doing well in your local neighborhood.
Who is the founder?
Nicole Jones is the founder of Chicago-based Pillars of Slippers. She has a lifelong passion for shoes, which is why her firm is named Pillars of Slippers.
Pillars of Slippers are an in-home shoe purchasing event in which Nicole introduces shoes to a smart buyer.
How much was seeking on Shark Tank?
Nicole was seeking for $150,000 for 15% stake of the company.
Did she have the deal?
No, Nicole didn’t manage to close a deal on Shark Tank.
Is Pillars of Slippers still in business?
Pillars of Slippers is not in business any more.
Where was Pillars of Slippers located?
A pillar of Slippers was located in Chicago, Illinois.
Was Pillars of Slippers a scam?
No, Pillars of Slippers was not a scam. A pillar of Slippers was a real company.
What is Pillars of Slippers’s phone number?
A pillar of Slippers’ phone number is not mentioned.
How can I contact Pillars of Slippers?
If customers want to contact Pillars of Slippers, they can send them a message on Facebook.
What kind of products were Pillars of Slippers selling?
A pillar of Slippers sells shoes and handbags at extremely low prices.
What were Pillars of Slippers made of?
A pillar of Slippers was not made of anything. It was an entire service that allowed women to shop from home.
What were Pillars of Slippers’ goals?
Pillars of Slippers’ goal was to make it easy for women to relax in the comfort of their own home, buy online and receive discounted designer things, and be a part of the Amor community, which is focused on doing good in their local neighborhood.
Was Pillars of Slippers offering a discount?
Yes, Pillars of Slippers offered a discount on designer shoes and handbags.
Was Pillars of Slippers offering free shipping?
No, Pillars of Slippers did not offer free shipping.
What were the payment methods accepts by Pillars of Slippers?
Pillars of Slippers accepted payments through PayPal.
Did Pillars of Slippers offer any guarantee?
Pillars of Slippers offered a money back guarantee. The company would refund money in case the buyer didn’t like the product.
What is the net worth of Nicole Jones?
Nicole Jones has an estimate net worth of $1 million.