Red Dress Boutique

Red Dress Boutique
Industry Retail
Founded 2005
Founder Diana Harbour
Headquarters Athens, Georgia
Products Women's clothing
Website www.reddressboutique.com

Red Dress Boutique is a women's clothing store located in Athens, Georgia which also sells retail online. It appeared on Season 6 of Shark Tank where it received a $1.2 million investment.

History

Red Dress Boutique was founded by Diana Harbour in 2005.[1] During her college years at Columbus State University, she grew to love small fashion boutiques while working at three small clothing shops.[2] She opened her first boutique in downtown Athens, Georgia because of the area's thriving local business scene and lack of chain stores.[2] A second Red Dress Boutique location followed but later closed alongside the company's eBay business.[3] An eCommerce site launched in 2012.[2] In 2014, the company made $15 million in online sales.[4]

The company appeared on Season 6 of Shark Tank where Mark Cuban and Robert Herjavec split a $1.2 million investment in exchange for 20% equity in the company.[5]

References

  1. ↑ Adams, Tony (18 October 2014). "Columbus natives secure major investment from 'Shark Tank'". Ledger-Enquirer. Retrieved 27 January 2018.
  2. 1 2 3 Wahn, Megan (21 June 2017). "Rags to riches: Red Dress Boutique owner Diana Harbour grew her business from the ground up". Red and Black. Retrieved 27 January 2018.
  3. ↑ Dishman, Lydia (7 March 2014). ""Social Media Doesn't Sleep": How This Local Shop Cranked Sales From $63K To $7 Million". Fast Company. Retrieved 27 January 2018.
  4. ↑ Butschek, Hilary (20 September 2015). "Red Dress Boutique turns 10, expands to offer home decor". Online Athens. Retrieved 27 January 2018.
  5. ↑ Feloni, Richard (15 December 2015). "The 15 Biggest 'Shark Tank' Success Stories of All Time". Business Insider. Retrieved 27 January 2018.
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