Steven insisted that you don’t need a lot of support for your for. He said that he created a custom-made Xero Shoe pendant, which he handed over to Kevin. Steven said that his product was a more high-tech version of the shoes that people have been wearing for millennia. This silenced Robert, for now. After multiple emails promising that they will be shipping soon 4 months later still have nothing. Three friends/entrepreneurs will pitch Muvez shoes to the sharks. by Kristen; March 29, 2020 April 4, 2020; Muvez was created by a group of entrepreneurs from Belleville, New Jersey, introduce their footwear brand dedicated to reinventing the traditional house slipper into your favorite sneaker. Lena introduced herself first as the owner of Xero Shoes. I ordered a pair of shoes on 6/15/2020. Kevin, of course, wanted to know what their profits looked like. Robert interrupted the two and said that he felt as though maybe the reason why the concept of the interchangeable heel never took off was because women preferred to purchase multiple pairs of shoes. When Kevin asked how much she intended selling her product for, Jessica said that she was currently estimating for them to sell for around $200. of the second pair of shoes ordered. Guess we just lost 30.00. Muvez Footwear Slipper Shoes. They took the money ? I ordered a pair for my husband paying a $30 deposit on May15, 2020 as they were waiting on a new shipment to come in & as of today August 22nd still waiting. Muvez successfully completed its Kickstarter campaign in mid 2019, with $33,873 pledged by 292 backers. Steve invited the Sharks up to the stage to try a pair of Xero Shoes on. I also contacted the Daymond John team, without any response. She intended to license her technology to an existing brand. We contacted them on july 4 and were told we would have them in August . The shoe features a removable rubber sole and an assortment of sleek, visually appealing designs. However, they do not fit, and I have been trying to return them since July 2. Even though the team behind Xero Shoes ended up not taking the deal, just having their episode air gave them 3,000 new orders. Lena said that they started the business about 2.5 years ago, and sold $650,000 worth of product, even though they did not advertise at all, and they were just selling through a website. I have received probably 10 emails from them giving me a date when my shoes will be shipping out and they never follow through. He asked the couple why they were coming on Shark Tank with what amounted to rubber and a string, and called it 5 million dollars. I would never use or recommend this company due to their false promises. Here’s to hoping that she has some better luck in her future projects! Barbara told Steven that he gave her a headache because he reminded her of her first husband. Xero Shoes had gotten reorders from 9 of them so far. Twitter exchange between John and Greiner The offer at the center of the exchange was for Muvez, a convertible sneaker-to-slipper footwear company. He said that he’s been running “basically barefoot” since then. The camera panned over to the Sharks, who looked shocked at the valuation. When she demonstrated how her interchangeable heels worked, the sharks, Robert and Barbara in particular, were seriously impressed by the product. Production began shortly after in October of 2019 with their first shipment released to backers by the end of that year. With that, Daymond was the last shark remaining. He repeated what Kevin said, indicating that they cut up rubber, put a string on it, and called it high technology. I really wish i read these comments before I ordered, i would of never wasted my time or money knowing that i may never even get my order. He said that he doesn’t have a show company in his portfolio, and would like to try it. Steven said that traditional expensive running shoes are not the way to go. However, there has been a number of complaints from backers who have yet to receive their orders. Steven stated that another company which served the same market just got 10 million dollars in exchange for 25%. Robert asked if Steven was a shoe creator already when he invented Xero Shoes. It was a fair question – they did not look sturdy at all. In her words, the sharks were her very last hope for taking her prototype out to market and making her dreams a reality. Kevin stated that he liked it since it captured the essence of an athlete. Find out all about Muvez below. Mark dropped out next for a different reason: he wasn’t all that familiar with the shoe business. Kevin was the first shark to point out that Haynes wasn’t actually the first person to come up with the detachable heel, which Haynes didn’t refute. Muvez is currently offering a promotional discount with promo code: SHARKTANKMUVEZ. He stated that there are studies that show that running barefoot is better for the runner’s feet.