The licensing play hasn’t really materialized, but the company is still in business and is on the shelves at Bed Bath & Beyond, Amazon and dozens of mom and pop stores across the country. Annual revenue is $3 million.
So you’re saying Daymond snaked them for a third of their company just to not get licensing? I would have asked for a contingency that the licensing gets done for a third otherwise it drops to 25
Wasnt it FUBU he started? He tries to make deals with clothing because it his "specialty". His name attached to another clothing brand can bring more profit
I am a femtech sock prototyper and I would 💕 to partner with a shark to mass produce my designs, but they make me nervous and these deals never "feel" good. I heard Daymond's licensing deals never came through, but these socks are in Lori's retailers.
Seen this kind of socks in 90s from South Korea same marketing for kids unfortunately during 1997 Financial Crisis in Korea half of companies country bankrupted during that period
Did anyone notice at 2:03 that he has his fingers wrapped around the sock preventing Lorie from pulling it and essentially ensuring his sock doesn't come off?
wtf does that have anything to do with anything. You don’t know if she wanted one and couldn’t have one. Many women including myself struggle with that. Shame on you
I love this product and this nice couple. I don't even have kids and want to buy these socks lol. I just hope Damon doesn't have it made by the cheapest, cheap, cheap manufacturer and the quality goes down the tube like happened with Bombas socks. Will definitely buy for any baby shower I go to.
Oh, the poor mom who has to actually look for a sock! It must be be devastating! I mean, to actually get up and use your eyes to locate a sock! OH! THE AGONY! Stupid product that uses more plastic based materials that we do not need in our environment!
Pretty sure it's less about that And more about randomly noticing your child with only one sock on. Maybe when you're out & about running errands. That's how I look at it. But you could be right as well.
@@Moneyovertruth it takes 5 minutes to look for a sock. Been there done that. You figure the cost to buy new socks and the time it takes to drive to the store and the gas being used you are actually saving money. Your logic makes no sense.
What a bad idea. I don‘t understand how the company is doing so much annually. That‘s just another thing for babies/toddler to not learn and experience with the motion, thought process and action practice to interact with their clothes. Everything especially in the years 0-3 they should do everything imaginable that helps to learn simple things.
