Baobab's Polo Shirts Gain Fame After Shark Tank, Now a $900K/Year Business
Baobab, a clothing company specializing in polo shirts, gained popularity after appearing on the popular TV show Shark Tank. The company's unique products, including antimicrobial and stain-resistant polo shirts, have since attracted significant attention.
Baobab's polo shirts are designed with innovative nanotechnology, making the fabric antimicrobial and resistant to fading and stains. This allows the shirts to be worn up to 10 times before washing, reducing water and energy consumption. The shirts are also wrinkle-free and come with a microfiber cloth for cleaning glasses or mobile displays. Notably, the polo shirts feature a patented collar that stays flat.
Founded by Davenport and Alexander, Baobab is based in Peru and Lima, using high-quality Pima cotton for their products. The company asked for a $150,000 investment for a 10% stake in their firm during their Shark Tank appearance. During the Covid-19 pandemic, Baobab developed a facemask collection and raised around $103,459 through a crowdfunding campaign. As of 2022, Baobab's annual income has reached approximately $900,000.
Baobab's innovative and durable polo shirts have proven popular, with the company's unique features and designs attracting customers and investors alike. Despite the challenges posed by the pandemic, Baobab has continued to grow and succeed in the competitive clothing market.
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