{"id":4751,"date":"2025-06-02T03:12:10","date_gmt":"2025-06-02T03:12:10","guid":{"rendered":"https:\/\/karmahousecairns.com.au\/blog\/baubles-soles-the-brands-journey-post-shark-tank.html"},"modified":"2025-06-02T03:12:12","modified_gmt":"2025-06-02T03:12:12","slug":"baubles-soles-the-brands-journey-post-shark-tank","status":"publish","type":"post","link":"https:\/\/karmahousecairns.com.au\/blog\/baubles-soles-the-brands-journey-post-shark-tank.html","title":{"rendered":"Baubles + Soles: The Brand’s Journey Post-Shark Tank"},"content":{"rendered":"
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Baubles + Soles almost didn’t get a Shark Tank investment<\/h2>\n
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On Season 11 of “Shark Tank,” couple Duc and Lisa Nguyen presented their case to the Sharks. They explained that the idea for Baubles + Soles came from wanting a variety of shoe looks for their daughter without having to buy so many pairs. Instead, customers could buy one pair and change out the baubles on the top to create many different look. The shoes were sustainably made in the United States and completely recyclable.<\/p>\n

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The couple made their case for an investment of $100,000 in exchange for 15% ownership of the company. Meanwhile, the panel of investors played with the shoes and asked some questions. But none seemed interested, and it looked like the Orange County-based family would walk away empty handed. Lisa later revealed on the “Cost of Goods Sold” podcast\u00a0that she thought they were leaving the show without a deal, but Daymond John stepped up and offered $100,000 for 25% of the company \u2014 a 10% increase over the Nguyens’ proposed 15%. Apparently, Lisa’s story of living in a refugee camp for three years, resettling in Sydney, Australia, and eventually becoming a lawyer showed serious\u00a0grit and determination that impressed the investor. “I gotta be in business with you. You’re amazing,” John said on the show. But was it as good of an investment for John as the sock brand Bombas, which found success on “Shark Tank”?<\/p>\n

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What happened to the footwear brand Baubles + Soles after Shark Tank?<\/h2>\n
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Like\u00a0Behave Bras, which found success after appearing on “Shark Tank,” Baubles + Soles flourished after co-founders Duc and Lisa Nguyen’s television appearance. By the following year, the brand expanded beyond its own website, finding a place on brick-and-mortar shelves, including at Macy’s, and\u00a0Baubles + Soles reached an estimated $500,000 in annual sales. The children’s footwear label even partnered with Disney.\u00a0The entertainment giant approached “Shark Tank” investor Daymond John to help promote Pixar’s 2021 hit, “Luca.” His wife and daughter modeled Baubles + Soles footwear for a social media video that John posted to his Facebook page, and the Nguyen family were invited to the film’s premiere.<\/p>\n

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A post shared by Lisa TD Nguyen (@lisatdnguyen)<\/p>\n<\/div>\n<\/blockquote>\n

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