GloveStix Update | Shark Tank Season 9

Frustrated by the persistent odor in her children’s sports gear, Krista Woods invented GloveStix, a moisture-absorbing stick designed to combat unpleasant smells. This innovative product addresses a common problem for parents and athletes alike. Will the sharks see the value in this stink reducer and invest in it? Let’s find out in our GloveStix update and pitch recap.

If you’re short on time, here’s a quick overview of what happened to GloveStix after Shark Tank. 

Krista Woods entered Shark Tank Season 9 to pitch GloveStix, an odor remover product. She sought $150,000 for 10% equity. After an impressive pitch, she reached an agreement for a deal with Alex Rodriguez and Lori Greiner for $150,000 for 17.5% equity.

In terms of a GloveStix update, the company is thriving. They have been featured in major media outlets and recognized with prestigious awards. Annual sales have reached $1 million.

Shark	Result
Alex Rodriguez and Lori Greiner	Accepted offer of $150,000 for 17.5% equity
Barbara Corcoran	No offer
Mark Cuban	No offer
Kevin O’Leary	No offer

Shark Tank GloveStix Pitch

• Entrepreneur: Krista Woods
• Business: Odor remover for athletic gear: shoes, gloves, etc.
• Ask: $150,000 for 10% equity
• Result: $150,000 for 17.5%
• Sharks: Alex Rodriguez and Lori Greiner

Krista Woods was fed up with the constant stench—a “huge stink party,” as she puts it—coming from her children’s lacrosse gear during car rides home from tournaments. 

Determined to find a better solution, she invented GloveStix, a moisture-absorbing stick designed to eliminate odors.

Krista entered Shark Tank and pitched GloveStix, explaining that it absorbs odors from shoes, gloves, and other items. 

The plastic exterior contains silver ions that stop 99.9% of odor-causing bacteria within 24 hours.

The product features a replaceable core that tackles odor in two ways: it absorbs moisture and eliminates bacteria, providing a more comprehensive solution than competitors.

Protected by patents, GloveStix generated $550,000 in sales over 18 months, with $440,000 of that in the last year alone. 

Krista employs a multi-channel sales approach, selling GloveStix directly through her website, on Amazon, and through wholesale partnerships, which account for 55% of her revenue. 

She has also appeared on QVC four times, meeting Lori Greiner in the process. Additional revenue comes from selling $7.95 refill packs.

Krista sought the sharks’ help to take her product to the next level. Specifically, she needed help delegating tasks and wanted to gain expertise from the sharks.

After her pitch, she handed out samples and introduced ShoeStix, a related product.

Kevin O’Leary declined to invest, citing issues with her valuation of $1,500,000. 

Mark Cuban dropped out, seeing Krista as a micro-manager. 

Barbara Corcoran believed in Krista, but not the product, and also exited. 

Lori Greiner showed interest and, with guest shark Alex Rodriguez, offered $150,000 for 20% equity. 

Krista countered with $150,000 for 15%, and Alex countered with $150,000 for 17.5%, which Krista accepted.

Was this a good deal? Let’s find out in our GloveStix update.

Shark Tank GloveStix Update 

Sadly, it looks like the deal with Lori and Alex never went through, possibly due to disagreements about retail strategy. 

However, Krista persevered and expanded her product line to include StinkStix for various types of footwear, catering to a broader audience. 

The products remain essentially the same as when they appeared on the show, except that ShoeStix has been renamed StankStix. They still feature an insert that needs to be replaced throughout the product’s life.

Our GloveStix update found that in 2023, the company secured placement in roughly 100 sporting goods stores, including major retailers like Pure Hockey. 

Further, GloveStix has received significant media attention, having been featured in major outlets like The Washington Post, Fortune, and the Chicago Tribune. 

GloveStix’s success is further recognized by prestigious awards such as the Stevie Awards, Today’s NEXT BIG Thing, and Loudoun Chamber Entrepreneur of the Year.

Since Shark Tank, GloveStix has grown to over $1 million in annual revenue.

We are going to call this GloveStix update a success!

You can find the other company updates from Season 9 Episode 9 here:

• Brilliant Pad Update
• Bravo Update
• Hoop Maps Update

Before you go, be sure to check out our Shark Tank Season 9 page for more updates just like this!