Red Dress Boutique Net Worth 2023 Update (Before & After Shark Tank)

Red Dress Boutique

If Net Worth is available & has a deal 

Red Dress Boutique, modern, affordable women’s fashions, was started by Diana and Josh Harbour in 2005. As of September 2023, Red Dress Boutique net worth is $29 million and they’re pulling in a whopping $7.5 million in annual revenue. 

In October 2014, they appeared on season 6 of Shark Tank USA and made a deal with Mark Cuban and Robert Herjavec, for $1.2 million for 20% of equity. The final valuation was $6 million, down from the founder’s initial estimate of $12 million.

In September 2023, you can still purchase your desired dress from Red Dress Boutique. To order items online, simply visit their company website

Red Dress Boutique Net Worth

Net worth$29 million (2023)
Annual Sales Revenue$7.5 million (2022)
ProfitsNot Publicly available
Lifetime sales$15 million (2014)
InvestorMark Cuban and Robert Herjavec
FounderDiana and Josh Harbour
Employees110 employees

Red Dress Boutique Net Worth Timeline

Net Worth 2023$29 million
Net Worth 2022$29 million
Net worth valuation 2014 after appearing on Shark Tank  $6 million
Net worth valuation 2014 before appearing on Shark Tank  $12 million

Red Dress Boutique Pitch on Shark Tank

Company nameRed Dress Boutique
ProductModern, affordable women’s fashions
EpisodeSeason 6 Episode 05
FoundersDiana and Josh Harbour
Asked for$600,000 for 5% Equity
Final deal$1.2 million for 20% Equity 
Shark / SharksMark Cuban and Robert Herjavec
LocationAthens, Georgia

Red Dress Boutique Founders

Diana and Josh Harbour found Red Dress Boutique in 2005. Diana and Josh Harbour are a married couple. They were both students at Columbus State University. Diana Harbour is a successful entrepreneur and a role model for other women. She is passionate about fashion, and she is committed to providing women with affordable and stylish clothing. Josh Harbour is a business consultant who provides strategic advice to Red Dress Boutique. He is also a co-founder of the company, and he is responsible for the company’s financial operations. Red Dress Boutique’s founders, Diana and Josh Harbour, have a net worth of $26 million as of 2023.

Key accomplishments:

YearAccomplishment
2014Appeared on Shark Tank season 6 and Mark Cuban and Robert Herjavec invested $1.2 million for 20% equity.
2021The company is named one of the “Best Places to Work” by the Atlanta Journal-Constitution.
2022The company launches its own line of swimwear.

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 Red Dress Boutique and its continued success.