Frill Clothing, Custom designer wear and formal clothing company , was started by Kate Steadman & Sharon Bui in 2012. As of September 2023, Frill Clothing net worth is $6.8 million and they’re pulling in a whopping $1 million in annual revenue.
In March 2015, they appeared on season 6 of Shark Tank USA and made a deal with Barbara Corcoran and Kevin O’Leary , for $100,000 for 30% of equity. The final valuation was $333,333, down from the founder’s initial estimate of $500,000.
Frill Clothing is still in business as of October 2023. The company’s website is active and it is selling its products on Amazon, Walmart, and Target. If you want to purchase their products, visit their official website.
Frill Clothing Net Worth
Net worth | $ 6.8 million (2023) |
Annual Sales Revenue | $1 million (2023) |
Profits | Not publicly available |
Lifetime sales | Not publicly available |
Investor | Kate Steadman & Sharon Bui |
Founder | Kate Steadman & Sharon Bui |
Employees | Not publicly available |
Frill Clothing Net Worth Timeline
Net Worth 2023 | $6.8 million |
Net Worth 2022 | $6.8 million |
Net worth valuation 2015 after appearing on Shark Tank | $333,333 |
Net worth valuation 2015 before appearing on Shark Tank | $500,000 |
Frill Clothing Pitch on Shark Tank
Company name | Frill Clothing |
Product | Custom designer wear and formal clothing company |
Episode | Season 6 Episode 21 |
Founders | Kate Steadman & Sharon Bui |
Asked for | $100,000 for 20% Equity |
Final deal | $100,000 for 30% Equity |
Sharks | Barbara Corcoran and Kevin O’Leary |
Location | Raleigh, North Carolina |
Don’t miss these product from Season 06
Frill Clothing Founders
Kate Steadman & Sharon Bui found Frill Clothing in 2012. Bui and Steadman are both passionate about fashion and entrepreneurship. They are also committed to giving back to the community. Frill Clothing’s founders, Kate Steadman & Sharon Bui, have a net worth of $4.8 million as of 2023.
Key accomplishments
Year | Accomplishment |
2015 | Appeared on Shark Tank season 06 and Barbara Corcoran and Kevin O’Leary invested $100,000 for 30% Equity |
2019 | Frill Clothing launched its own line of swimwear. |
2022 | Frill Clothing was on track to generate over $1 million in revenue. |
Conclusion
From their beginnings on Shark Tank to their current status as a thriving business, they have proven that with the right idea and execution, anything is possible. We can’t wait to see the future for Frill Clothing and its continued success.