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) |
Profits | Not Publicly available |
Lifetime sales | $15 million (2014) |
Investor | Mark Cuban and Robert Herjavec |
Founder | Diana and Josh Harbour |
Employees | 110 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 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 |
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:
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.