Skinny Shirt Shark Tank Net Worth 2023 | Skinny Shirt Before & After Shark Tank
What is Skinny Shirt? Who is the Founder of Skinny Shirt?
Skinny Shirt is a unique product that is a combination of a button-down shirt (or blouse) with a stretchy material collar and buttons.
The Skinny Shirt’s design gives the appearance and feel of a button-down shirt worn under a sweater or jacket, but with the added feature that it is designed to fit like a camisole without the material wrinkles and bunching that regular button-down shirts can create.
Julie Kalimian, the founder of Skinny Shirt, began her career in advertising and as a sales representative for Vanity Fair. She later worked as an advertising manager at Conde Nast and as Vice-President of Marketing for News Week before starting her own company, Skinny Shirt.
Julie is currently the CEO of the company. She developed the idea for Skinny Shirt after taking time away from her career to raise her four children and wanting a garment that would provide the appearance of a button-down and sweater, but in an easy-to-wear format that offered a smooth line.
She created her own design as she could not find a stretchy garment with a button-down collar available on the market, which is now the signature product that Skinny Shirt markets.
What happened to Skinny Shirt at the Shark Tank Pitch?
On Shark Tank, Julie, the founder of Skinny Shirt, appeared in Season 6 Episode 13 to pitch her company to the Sharks. She requested $100,000 in exchange for a 20% stake in her company, valuing the company at $1 million.
She brought a model to demonstrate the product and mentioned that the company had generated $500,000 in sales but only $50,000 in the previous year due to issues with a manufacturer.
The Sharks had various concerns, with Mark worried about declining sales and Mr. Wonderful citing logistics issues. Lori defended Julie, but Mr. Wonderful referred to her as a “bug.”
Ultimately, none of the Sharks decided to invest, with Mark and Robert doubting Julie’s management and long-term strategy, Lori not understanding the fashion statement, and Barbara feeling that Julie took too long to address manufacturing issues.
Skinny Shirt After the Shark Tank Pitch
After her appearance on Shark Tank, it seems that Julie’s company Skinny Shirt experienced success. In a January 2016 interview, Julie attributed this growth to her expanding network of retailers.
The company’s products were available on Grommet, a web-based platform for small businesses, as well as in over 300 physical stores and on QVC.
However, it appears that the company has since closed down. The company’s social media accounts have been inactive since June 2018, and the website is no longer available.
In May 2018, the company posted on Facebook that they were shutting down due to a shortage of staff and apologized for delays in orders caused by an employee dealing with a personal loss.
They also stated that remaining orders would be fulfilled within the next week and thanked their customers for their support throughout their journey.
Skinny Shirt Net Worth
Julie, the founder of Skinny Shirt, seeks $100,000 in exchange for 20% ownership of her company on Shark Tank Season 6 Episode 13. This implies that her company’s net worth was at $1 million.
Skinny Shirt has not been in operation since 2018 and is no longer in business, and its net worth is unavailable.
Skinny Shirt Competitors
There is no competitor identified for Skinny Shirt.
Skinny Shirt FAQS
What is Skinny Shirt?
Skinny Shirt is a distinctive product that consists of button-down shirt (or blouse) with a stretchy material collar and buttons
Who is the founder Skinny Shirt?
The Skinny Shirt was invented by Julie Kalimian, who was inspired to design the Skinny Shirt after taking time away from her work to raise four children. Kalimian began selling her collection in late 2010.
How much was she asking in the Shark Tank?
Julie Kalimian were in search of $100,000 in exchange for a 20% stake in her company. This equates to a $1 million valuation.
Did she get the deal from the Shark Tank?
No, she did not received any deal from the Sharks.
Is Skinny Shirt still in business?
This company has closed its doors. Since June of 2018, social media has been inactive, and the website has vanished. The employee who processes orders just lost a family member.
What episode was Skinny Shirt on Shark Tank?
Julie Kalimian appeared in the shark tank season 6 episode 13.
How much was Skinny Shirt?
The Skinny Shirt was priced at $65.00 per shirt.
What was the Skinny Shirt cost price?
The retail price was $69 for the sleeveless version and $76 for the long-sleeved version.
Where can they find Skinny Shirt?
They are out of business.
What was the cost to make Skinny Shirt?
The production cost was now $12.75 per unit, but with sufficient investment and the ability to make much larger orders, she could reduce the cost to $9.50 each item.
Where was Skinny Shirt located?
They were based in New York.
When Skinny Shirt did started selling?
Kalimian began selling her collection in late 2010.
How were they wearing Skinny Shirt?
First, they put on their regular shirt. Then, they button their regular shirt as usual and then pull on the Skinny Shirt over it. They can wear it alone or under a sweater or another top layer of clothing.