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SpiritHoods: What Happened To Fake Fur Animal Hats After Shark Tank

by 2Paragraphs in Business Spotlight, Shark Tank | September 16, 2018

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SpiritHoods pitch on Shark Tank (ABC)

SpiritHoods is a line of fashionable and funky animal hats made of fake fur (acrylic). The head looks like a head of an animal — coyote, wolf, snow leopard, fox, etc. – and is connected to long sleeves and paws that hang to one’s hips. The paws work like pockets to store cash, credit cards, phone, etc. Two of the founders, Chase Hamilton and Alexander Mendeluk, pitched SpiritHoods on Shark Tank in December 2013. They went into the Tank seeking an investment of $450,000 in exchange for 15 percent. They received an offer from Daymond John (who wanted expand the brand beyond hats and to license the brand) but he also wanted 50 percent equity — which Hamilton and Mendeluk declined.

[SpiritHoods are on sale at Amazon]

Since Shark Tank, SpiritHoods has expanded the luxury brand to include coats, vests, shawls and robes for women, men and children, and blankets, throws and pillows for the home. Check out the Summer 2018 SpiritHoods Lookbook below.

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Better Backpack Available Now From Thread after Huge $450K Kickstarter

Now that's a Better Backpack...(photo: Cory Morton, courtesy Thread)

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