Today's Date: April 12, 2021
Corporate Reputations Improve During a Year of Crises according to The RepTrak Company   •   Varian Wins Best After-Sales Service Award for Radiotherapy Products in China for Fourth Consecutive Year   •   The Children's Heart Foundation's Board of Directors Names Gail Roddie-Hamlin as President and CEO   •   Major League Baseball and SiriusXM Expand Agreement; Games Now Available to SiriusXM's Streaming-Only Subscribers   •   HEINZ Partners With The LEE Initiative to Help Preserve Black-Owned Restaurants’ Cultural Legacy   •   CarMax and Dunkin’ are “Doin’ Donuts” for New 24-Hour Test Drive Experience   •   Introducing Vencapital's 5th Class of Minority & Female VC Fellows   •   United States Mint Announces First Two Honorees in American Women Quarters Program   •   One Year Into the Pandemic, Groupon Study Shows People Are Ready for JODO (Joy of Doing the Ordinary)   •   University of Phoenix Hosting Educational Equity Webinar “Healing Racism Beyond the Dialogue: What is Racism?”   •   Statement by Minister Chagger on Ramadan   •   CPSC and Maxtrade Warn Consumers to Stop Using Maxtrade Coolster Youth ATVs Due to Crash Hazard and Violation of Mandatory Safet   •   Statement by the Prime Minister on Ramadan   •   Greenberg Traurig's Natasha Wilson to Speak at Driving Diversity in Law & Leadership Virtual Summit   •   Meet Mini Bloom, A Clean Baby Care Brand Rooted In Nature And Backed By Science   •   California State Parks and Hipcamp Announce First of Its Kind Open Data Integration   •   Reprise Commerce Lands DeMert Brands as Its First Direct US Client   •   Khoros Appoints April Downing as Chief Financial Officer and Sejal Amin as Chief Technology Officer   •   Expensify Releases First Season of New Podcast: Live Rich, Have Fun, Save the World   •   Ancestry® Launches New Impact Program to Foster More Connected, Resilient Communities
Bookmark and Share

Pashion Footwear Raises Over $1 Million After Shark Tank

SAN LUIS OBISPO, Calif. , February 25 /Businesswire/ - ABC's 'Shark Tank' featured a pitch from a female-founded fashion-tech business. Pashion Footwear, a by-women-for-women convertible high heel company, today announced its appearance on the hit reality show, which aired on February 19th, 2021.

During her pitch, Pashion Founder and CEO Haley Pavone began negotiations seeking a deal for $500,000 with one of the sharks: Kevin O'Leary, Mark Cuban, Lori Greiner, Barbara Corcoran, or their guest Shark Kendra Scott, founder of Kendra Scott Jewelry. Pavone was offered a deal from Kevin O'Leary that included a royalty clause, however after multiple rounds of negotiation she chose to do what she felt was best for the company - walk away from the deal and put every revenue dollar back into growing the business rather than paying out royalties.

Pashion was founded with the goal of empowering women by creating shoes that are actually suited for their lifestyles. For decades, women have been asked to choose - between style or comfort, a career or a relationship, a social life or motherhood, and so much more. Pashion believes in empowering women to choose everything. Do not sacrifice any aspect of what you want your life to be - you can have it all, do it all, and be it all. Pashion strives to create products that not only keep up with a modern lifestyle, but bring women one step closer to everything they want to get out of life.

Since filming, Pashion has not only successfully raised the $500,000 Pavone was hoping for, but has surpassed that amount and raised over $1M in the round in total - putting the company’s total amount raised to date at over $3.5 million. Pashion’s current fundraising round is still open.

Pashion is a small business with an 83% female team. The company’s unique convertible heel design is utility patent pending in 30 countries.

2021 will see seasonal product drops of new shoe silhouettes and heel kits options as well as a full customization platform from Pashion Footwear.

Pashion’s 'Shark Tank' episode S12 E14 is now available to stream on demand and on Hulu.


STORY TAGS: Funding, Retail, TV and Radio, Entertainment, Fashion, United States, North America, California,

Video

White House Live Stream
LIVE VIDEO EVERY SATURDAY
alsharpton Rev. Al Sharpton
9 to 11 am EST
jjackson Rev. Jesse Jackson
10 to noon CST


Video

LIVE BROADCASTS
Sounds Make the News ®
WAOK-Urban
Atlanta - WAOK-Urban
KPFA-Progressive
Berkley / San Francisco - KPFA-Progressive
WVON-Urban
Chicago - WVON-Urban
KJLH - Urban
Los Angeles - KJLH - Urban
WKDM-Mandarin Chinese
New York - WKDM-Mandarin Chinese
WADO-Spanish
New York - WADO-Spanish
WBAI - Progressive
New York - WBAI - Progressive
WOL-Urban
Washington - WOL-Urban

Listen to United Natiosns News