Red Dress Boutique, founded by Diana Harbour, appeared on Shark Tank in 2014. Securing a deal with Mark Cuban and Robert Herjavec for $1.2 million, the company saw significant growth.
Today, Red Dress Boutique is valued at approximately $32 million. The business didn’t pursue crowdfunding but has flourished through strategic investments and a strong online presence.
Notable milestones include a robust social media following and consistent annual revenue growth. As of 2024, Red Dress Boutique continues to thrive, offering trendy women’s fashion and accessories through its popular e-commerce platform.
Red Dress Boutique Net Worth
Estimated Net worth | $32 million (2024) |
Annual Sales Revenue | $7.5 million (2022) |
Lifetime sales | $15 million (2014) |
Investors | Mark Cuban and Robert Herjavec |
Founders | Diana and Josh Harbour |
Employees | 110 employees |
Red Dress Boutique Pitch on Shark Tank
Company name | Red Dress Boutique |
Product | Modern, affordable women’s fashions |
Episode | Season 6 Episode 05 |
Founders | Diana and Josh Harbour |
Asked for | $600,000 for 5% Equity |
Final deal | $1.2 million for 20% Equity |
Shark / Sharks | Mark Cuban and Robert Herjavec |
Location | Athens, Georgia |
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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. 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 an estimated net worth of $32 million as of 2024.
Key accomplishments
Year | Accomplishment |
2014 | Appeared on Shark Tank season 6 and Mark Cuban and Robert Herjavec invested $1.2 million for 20% equity. |
2021 | The company is named one of the “Best Places to Work” by the Atlanta Journal-Constitution. |
2022 | The 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.