Her Fashion Box (HFB) Net Worth 2024 Update (Before & After Shark Tank)

Her Fashion Box is a beauty accessories box customized according to the buyers’ look and personality. This was started by Kath Purki in 2012. Her Fashion Box’s net worth was $1.25 million in 2016 based on the Shark Tank deal.

In 2016, they appeared on Season 02 of Shark Tank Australia and made a deal with Janine Allis and Andrew Banks for $200,000 for 16% of equity.

Although Her Fashion Box secured a deal from Shark Tank, the company came across legal issues a few months after the show. The Federal Circuit Court in Sydney fined Her Fashion Box for underpaying the employees and not providing accurate customer service. Thus, it did not remain in the market for long. In 2017, Her Fashion Box ceased operations. 

Her Fashion Box (HFB) Net Worth

Net worth$1.25 million (2016)
Annual Sales Revenue
Profits
Lifetime sales
InvestorsJanine Allis and Andrew Banks
FounderKath Purki
Employees

Her Fashion Box (HFB) Net Worth Timeline

Net Worth 2024Out of business 
Net Worth 2023Out of business 
Net Worth 2022Out of business 
Net Worth 2021Out of business 
Net worth valuation in 2016 after appearing on Shark Tank  $1.25 million
Net worth valuation in 2016 before appearing on Shark Tank  $1.66 million 

Her Fashion Box (HFB) Pitch on Shark Tank

ProductA beauty accessories box customized according to the buyers’ look and personality
EpisodeSeason 02 Episode 02
FounderKath Purki
Asked for$200,000 for 12% equity
Company nameHer Fashion Box (HFB)
Final deal$200,000 for 16% equity
SharksJanine Allis and Andrew Banks
LocationSydney, New South Wales 

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Her Fashion Box (HFB) Founder

Kath Purki founded Her Fashion Box in 2012. Kath is a graduate of the University of Oxford. She is an entrepreneur, investor, and business mentor. Her Fashion Box’s founder, Kath Purki’s net worth is unknown as of 2024.

Key accomplishments

YearAccomplishment
2016Her Fashion Box was featured in Shark Tank and secured a deal. 

Conclusion

Some companies that appear on the show have not achieved great success, and the Her Fashion Box was one of them. Sometimes businesses don’t succeed because of many reasons. Sometimes, the deal falls through after the founders say yes on camera. Or, as you’ll see, sometimes things happen to the founders themselves, and they choose to abandon the business. Anything is possible. However,  Her Fashion Box went out of business in 2017. And the product is no longer available in the market.