Basic Outfitters Shark Tank Update

Basic Outfitters Shark Tank Pitch

Laura Dweck and Michael Dweck appeared on Shark Tank Season 8, Episode 12, which aired on January 5, 2017, with Underwear, Undershirts And Socks Subscription Service For Men.

Basic Outfitters is listed in the Clothing Fashion category. In plain terms, the business is described as Underwear, Undershirts And Socks Subscription Service For Men.

Basic Outfitters asked the Sharks for $125,000 for 10%, implying a valuation of about $1.3 million.

The source data lists no completed on-air deal for Basic Outfitters.

This pitch is included as context for the more important question: what happened after Shark Tank.

Basic Outfitters After Shark Tank

Basic Outfitters left Shark Tank without an on-air deal. The company is now out of business. (Basic Outfitters Shark Tank Update

Basic Outfitters reported sales of $5 million. (Basic Outfitters Shark Tank Update

They beefed up their Amazon store, started doing brick and mortar "pop-up" shops, and partnered with Jet Blue. (Basic Outfitters Shark Tank Update

Sources

Sources used for this page: Shark Tank API pitches