This inspired her to create her inclusive line of silk-lined hoodies,silk pillowcases, and more.
The KIN Apparel founder asked the sharks for $200,000 in exchange for 10% equity in the company.
O’Leary, Cuban, and Corcoran all passed, but praised Kane for her entrepreneurial spirit.
The final two sharks, Greiner and Grede, offered Kane $200,000 for 30% equity.
Although Kane tried to counter-offer with a lower equity percentage, she ultimately took their deal.
Over one thousand orders were placed on KIN Apparel’s site immediately following the “Shark Tank” episode.
According toCNBC, Kane closed a deal with only Grede for half of the agreed-upon investment and equity.
Is KIN Apparel still in business?
If KIN Apparel’s sales are any indication, Kane was right to listen to Grede.
While filming the “Shark Tank” episode, KIN offered thick hoodies, pillowcases, and hats.
KIN Apparel is still in business and active on social media, with nearly 200,000Instagramfollowers and over 150,000TikTokfollowers.
The apparel company offers aVIP text clubto get real-time updates on when the new KIN products drop.
What’s next for KIN Apparel?
The future of KIN which stands for Keep It Natural seems bright and limitless.
KIN’s next goal is acting like getting its products into brick-and-mortar retail stores.
