What Is Gayla Bentley Fashion?
Gayla Bentley Fashion was founded in response to the founder’s observation that there was a gap in the market for high-quality clothing for plus-sized women.
Over 60% of women in the United States wore sizes larger than 12 at the time, despite most clothing businesses carrying only sizes 00 to 12.
The designer Gayla Bentley specialized in high-end women’s clothing ranging from 12 to 28.
Gayla refers to them as “modern women” since 60% of American women are considered modern.
Gayla explained that they are all fed up with being overlooked by fashion designers and having to shop in the backrooms of department stores.
She was accompanied by four exquisitely dressed models who served as ambassadors for her brand.
She has been selling clothes wholesale on the Neiman Marcus website for six years and has made $500,000.
She wants to grow her business internationally, open a flagship store, and sell larger sizes in the same area as smaller sizes.
Her home shopping network was currently pursuing her, but she wanted to get some advice from a shark first.
|Company Name||Gayla Bentley Fashion|
|Product||Apparel for women in plus sizes|
|Investment Asking For||$250,000 for 20% equity in Bently Gayla Fashion|
|Final Deal||$250,000 for 50% equity in Bently Gayla Fashion|
|Shark||Daymond John and Barbara Corcoran|
|Episode||Season 1 Episode 9|
|Business Status||Out of Business|
Who Is The Founder Of Gayla Bentley Fashion?
Gayla Bentley is the founder of Gayla Bentley Fashion. She held the famous statement, “It is not about size; it is about style!”
Her attributes include being an innovative individual, a witty television personality, and a Houston native.
She advises Fortune 500 companies and corporations on professional and personal fashion trends.
After several years in the fashion industry, Gayla Bentley found an opportunity to establish this business endeavor.
She noticed that certain designers discriminate against certain sizes in high-end garments, so she launched her company.
She was motivated to invest her time, expertise, and money in this potential endeavor.
Her future estimates of the disowned market were that she aimed to be as accurate as possible.
Moreover, she believes this business model has the potential to be a gold mine. The businesswoman aspired to increase her customer base beyond Houston, Texas, throughout the country and internationally.
Gayla has designed many plus-size garments, including sundresses, designer clothing, Tankinis, and fitness wear.
She decided to help Hurricane Harvey victims style their newly restored homes after experiencing flooding that forced her to abandon her house and lose closets of high-end items.
Gayla Bentley Fashion Before Shark Tank
As a fashion designer, Gayla Bentley believes that high-end, attractive clothing is needed in the retail industry for modern women wearing sizes twelve, fourteen, and sixteen.
Gayla Bentley describes “her” as a modern woman, as 60% of American women wear a size 12 or larger.
She finds it astounding that no one truly cares about these women or caters to their needs.
The designer also wants to ensure that every woman has access to attractive high-end clothing, not just the slender models in magazines.
Gayla Bentley believes the Sharks would be interested in investing in her company, as they recognize the potential of an underserved market.
Gayla Bentley needs funding from the Sharks to grow her business and make her clothing more accessible to women in the United States.
Moreover, she would like to expand globally and sell her clothing.
How Was The Shark Tank Pitch Of Gayla Bentley Fashion?
Bentley appeared on Shark Tank seeking a $250,000 investment in exchange for a 20% stake in Gayla Bentley Fashion.
Daymond John proposes a deal alongside Barbara Corcoran with an investment of $250,000 in exchange for a 50% stake in Gayla Bentley Fashion.
Bentley counters with a 45 percent stake, but Daymond John is adamant.
Eventually, Bentley accepts the offer from Daymond John and Barbara for $250,000 for a 50% stake in Gayla Bently Fashion.
Final Deal: Daymond John and Barbara Corcoran agreed to invest $250,000 for a 50% equity in Gayla Bentley Fashion.
What Happened To Gayla Bentley Fashion After Shark Tank?
Gayla Bentley’s clothes company was making a great deal of income, but she was having difficulty getting a loan from the banks to open her physical store.
She had previously sold wholesale clothing to Neiman Marcus. The Sharks gave Gayla Bentley opportunities to gain knowledge, experience, and funding, which she sorely needed.
Gayla Bentley was going to develop her business, selling her clothing in several places and on her website, thanks to the funding of Daymond John and Barbara Corcoran.
Gayla Bentley Fashion isn’t mentioned on Shark Tank as the best or the worst. Gayla Bentley Fashion was not chosen by three of the five Sharks for investment because they deemed it risky.
You may easily browse and order the many garments on the Gayla Bentley Fashion website, located at www.gaylabentley.com.
This website appears to be outdated, designed in the site’s style from 2008/2009.
There are eight distinct categories of Gayla Bentley’s clothing: Year-Round Basics, Jackets, Special Occasion, Bottoms, Dresses, Spring Tops, Tank Tops, and Gayla Bentley’s Million Dollar Blouse.
These clothes are trendy and come in regular and plus sizes, making them somewhat expensive to purchase.
Gayla Bentley Fashion costs range from $150 to $500. The public appears to be quite pleased with Gayla Bentley Fashion, particularly because it is available in Plus Sizes.
Daymond John and Barbara Corcoran’s investment offered Gayla Bentley Fashion a much-needed boost, even though it was not in trouble financially.
Gayla Bentley Fashion appears to have been a true success as a business, especially following Gayla Bentley’s appearance on Shark Tank.
Gayla Bentley Fashion Shark Tank Update
Bentley wanted to make her apparel line more accessible to more people. John later stated that this was one of his “worst investments” on the show, even though the transaction had already been completed. Barbara and I struck a deal, and we haven’t spoken since.”
Bentley’s inexperience lost the Sharks a portion of their investment. The website was still in development, and her Facebook account was inactive following the program.
Gayla’s clothes are now available at boutiques and several Neiman Marcus locations in 23 states, Canada, and the United Kingdom after restoring the site in 2016.
She failed to provide the Sharks with the expected return, but it appeared she had revived her business.
Gayla Bentley Fashion was washed out in August 2017 by hurricane Harvey. She has discontinued the sale of her clothesline.
Gayla Bentley Fashion is out of business as of 2022.
Is Gayla Bentley Fashion Still In Business?
Gayla Bentley fashion made a profit of $500,000 in the early days but could not expand as its focus changed.
Bentley was devastated in August 2017 by hurricane Harvey. However, the Gayla Bently Fashion clothing brand is no longer in business as of 2022.
What Is the Net Worth Of Gayla Bentley Fashion?
The valuation of Gayla Bentley Fashion was $1.25 million when it appeared on Shark Tank. The net worth of Gayla Bentley Fashion is unknown as of 2022 since the company went out of business.