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Kane & Couture is a company that designs and retails trendy, high-quality dog accessories. The brand appeared on Season 5 of the show “Shark Tank,” where entrepreneurs pitch their ideas to a panel of high-profile investors hoping to secure investment.
Kane & Couture offers a wide variety of designer dog collars, leashes, harnesses, apparel, and other accessories, all designed to add a flair of style and personality to your pet.
Kane & Couture’s products combine fashion with functionality as one of their key features. The company pays careful attention to the latest trends and styles, ensuring its products are always contemporary and attractive.
Kane & Couture is committed to the comfort of pets. Their products are designed with the well-being of dogs in mind. Their apparel and harnesses are designed to fit comfortably without causing discomfort or irritation to the pet.
Kane & Couture is a great choice for dog owners for several reasons. For those who want their pets to look stylish and stand out, Kane & Couture offers a wide range of trendy products that will make a statement.
Company Name | Kane and Couture |
Entrepreneur | Amber Lee Forrester |
Product / Business | Fashionable accessories and clothes for dogs |
Investment Asking For | $150,000 for 33% equity in Kane and Couture. |
Final Deal | $150,000 for 40% equity in Kane and Couture. |
Shark | Lori Greiner and Daymond John |
Episode | Season 5, Episode 2 |
Business Status | Out Of Business |
Website | Kane and Couture Website |
Net Worth | $0 |
What Are Kane and Couture?
Kane and Couture is a renowned lifestyle brand celebrated for its commitment to providing fashionable yet functional dog products. The company’s offerings encompass a broad spectrum of items, all meticulously designed to cater to dogs’ needs and their owners’ aesthetic preferences.
Their dog apparel collection is a testament to the brand’s dedication to fashion, offering an extensive range of stylish dog clothes and accessories. They also produce diverse dog collars and leashes, each boasting unique designs and styles.
Kane and Couture also create dog harnesses to enhance walking comfort and safety. In addition, the company offers a range of dog beds and furniture that are comfortable for dogs and complement home décor.
Kane and Couture produce various toys and treats to meet dogs’ health and entertainment needs. The brand promotes high-quality, stylish, and comforting products for dogs and their owners.
The brand is committed to offering high-quality products that promote dogs’ well-being while allowing their owners to express their style.
Who Is The Founder Of Kane and Couture?
Amber Lee Forrester, a driven entrepreneur with a passion for dogs and a knack for fashion, founded Kane & Couture. Before founding the company, Forrester had a successful career in the financial services industry.
However, her love for her pet dog and her inherent creative spirit led her to step out of her comfort zone and launch Kane & Couture in 2008. The idea of creating Kane & Couture came from Forrester’s experience as a pet owner.
She was often frustrated by the lack of fashionable and high-quality accessories for her dog. This led her to envision a brand catering to the growing number of pet owners who wanted their pets to look stylish without compromising quality or comfort.
She saw a unique opportunity to merge her passion for fashion with her love for dogs, and Kane & Couture was born.
Before appearing on Shark Tank, Kane & Couture had already started making waves in the pet fashion industry. The company gained recognition for its trendy and quality products.
It sold products online and in select pet boutiques, but Forrester wanted to take the brand to the next level. Her appearance on Shark Tank was an effort to gain wider exposure and to secure the funding needed to expand the company’s product line and distribution network.
Despite the challenges she faced in those early stages, her dedication to her vision and willingness to seize opportunities like Shark Tank helped establish Kane & Couture as a renowned brand in the pet accessories market.
How Was The Shark Tank Pitch Of Kane and Couture?
Amber Lee Forrester, the founder of Kane & Couture, walked into the Shark Tank in Season 5 with a clear vision and a strong pitch for her business.
She was seeking an investment of $150,000 in exchange for 20% equity in her company, valuing Kane and Couture at $750,000.
During her presentation, Forrester effectively communicated the unique value proposition of Kane & Couture, emphasizing the brand’s combination of fashion-forward design with high-quality materials and pet comfort.
She presented a range of her products, showcasing the diversity of her line and the appeal of her designs.
The Sharks were initially intrigued by the concept and were impressed by Forrester’s passion and the quality of her products. However, they had concerns about the company’s financials.
The company was not yet profitable, and the Sharks expressed concerns about the scalability of the business, as the pet accessory market can be competitive and challenging.
Despite these concerns, Daymond John, an entrepreneur known for his role in the fashion industry as the founder and CEO of FUBU, saw potential in Kane & Couture.
He appreciated Forrester’s vision and was confident in her ability to build a successful brand in the pet industry, similar to what he had accomplished in the human fashion industry. He offered $150,000 for 51% equity in the company.
While this was a larger equity stake than Forrester had initially wanted to give away, she recognized the value John could bring to her business.
His expertise in the fashion industry, connections, and business acumen could significantly accelerate the growth of Kane & Couture.
So, despite some initial hesitation, Forrester ultimately accepted John’s offer, marking a new chapter for Kane & Couture in its growth journey.
Final Deal: Lori Greiner and Daymond John agreed to invest $75,000 for 40% equity in Kate and Couture.
What Happened To Kane and Couture After Shark Tank?
After their appearance on Shark Tank, Kane & Couture, founded by Amber Lee Forrester, experienced both success and challenges. The company specializes in trendy dog clothing and accessories, offering fashionable and affordable products for canines. They caught the attention of the Sharks, seeking a $150,000 investment for a 33% stake in the company.
During the pitch, the Sharks were impressed with Kane & Couture’s presentation and projected sales of $1.8 million. As a result, Daymond John and Lori Greiner showed interest and offered a deal of $150,000 for 40% equity, contingent on reaching $300,000 in sales. Forrester accepted the offer and secured their investment.
Following their appearance on the show, Kane & Couture expanded to over 100 retailers, boosting their sales and visibility in the pet accessories market. However, despite the initial growth and the deal with the Sharks, the company faced financial issues and eventually closed in January 2019.
The website of Kane & Couture remained operational, selling the remaining discounted products. Some products, such as bowtie collars and leather leashes, were still available. However, social media pages appeared abandoned, indicating a shift in the company’s focus.
Despite the challenges with Kane & Couture, founder Amber Lee Forrester continued her entrepreneurial journey. She now runs The Quartz Wellness Collective, focusing on personal growth and development. Her net worth has been reported to be $1.9 million.
In summary, after appearing on Shark Tank, Kane & Couture experienced initial success and growth with the investment from Daymond John and Lori Greiner. However, financial issues ultimately led to the closure of the business.
Nevertheless, founder Amber Lee Forrester continued her entrepreneurial pursuits with The Quartz Wellness Collective and other consulting and training roles.
Kane and Couture Shark Tank Update
After their appearance on Shark Tank, it appears that the deal with Daymond John and Lori Greiner did not materialize for Kane & Couture.
However, the company’s exposure from the show boosted their sales significantly, enabling them to expand the business and extend their products’ availability to over 100 retailers nationwide.
Despite this initial success, by January 2019, Kane & Couture had unfortunately shut down. Interestingly, their website remained operational, prominently displaying a “going out of business” announcement.
Some of their products were still listed as available for purchase, and the online shop appeared to be functioning, though it’s unclear whether orders were being processed or shipped.
While the fate of Kane & Couture was disheartening, founder Amber Lee Forrester demonstrated her entrepreneurial spirit by not letting this setback deter her ambitions.
In 2017, she founded The Quartz Wellness Collective, a personal growth and development platform. This venture provides life-enhancing tools, youth coaching programs, personal growth workshops, and support groups, showcasing Forrester’s continued dedication to making a positive impact.
In addition to The Quartz Wellness Collective, Forrester has taken up roles as a Consultant and Trainer at Harlem Children’s Zone and a Curriculum Developer and Facilitator at Depop, reflecting her diverse skills and ongoing commitment to community building and personal development.
Despite Kane & Couture’s closure, Forrester has remained active and persistent in pursuing her entrepreneurial visions.
Are Kane and Couture Still In Business?
Our research shows that Kane & Couture went out of business in January 2019 due to financial issues. Despite the closure, their website still exists, but a “going out of business” banner is displayed at the top of the page, indicating that the company is no longer operational.
What is the Net Worth of Kane and Couture?
According to our research, the net worth of Kane and Couture has been $0 since the company went out of business in January 2019. The valuation of Kane and Couture was $375,000 after securing an investment from Lori Greiner and Daymond John.