Trimi Tank Tank Tops Update | Shark Tank Season 3

Entrepreneurs and hockey moms, Lindsay Johnson and Nicole Bilsky, pitched their clothing company during Shark Tank Season 3. Trimi Tank is a line of tank tops with interchangeable straps, that can be mixed and matched to enhance a look. They came up with the idea on day at their sons’ early morning hockey practice. What will the sharks think? Find out in our Trimi Tank update!

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

Lindsay Johnson and Nicole Bilsky, appeared on Shark Tank Season 3, but ultimately walked away without a deal. In terms of a Trimi Tank update, the company is no longer in business. By 2013 they walked away from the company, and their product.

Shark: Result:
Lori Greiner  No offer
Kevin O’Leary No offer
Robert Herjavec  No offer
Mark Cuban No offer
Daymond John No offer

Shark Tank Trimi Tank Update

Trimi Tank Update

  • Entrepreneur: Lindsay Johnson and Nicole Bilsky
  • Business: Line of tank tops with interchangeable straps
  • Ask: $57,000 for 30% equity
  • Result: No deal
  • Shark: None

Lindsay and Nicole introduced the sharks to their tank top line, Trimi Tank, which are basically tank tops with interchangeable straps. Each tank top comes with 3 strap sets that you choose.

They also offer many more styles that can be purchased separately for your collection. All of the straps are made at home, and they eventually hope to branch out into dresses with interchangeable straps as well.

Lori Greiner asked about sales and Lindsay said they’d sold 100 units at $35 each. This did not impress the sharks, but Nicole reminded them to focus on the future potential.

Lori then asked the ladies if they had done any market research, or asked people what they thought of the product. They replied that they had gone to a few craft fairs, and even a flea market.

Although women who saw the products loved them, and some even suggested that they go on Shark Tank, very few women actually purchased the tank tops and straps.

However, they added that they weren’t able to take credit cards at the time, which ultimately hurt sales. Further, their placement at the fairs wasn’t ideal for getting the attention of the right customers.

Overall, Lori didn’t think the concept was appealing, and focused on the reaction the product had received at the flea market. She eventually decided to go out.

Mark Cuban liked their personalities, and that they were from Pittsburgh. However, he did not know enough about the niche, and went out.

Daymond John thought the business was far too early in the process, and he didn’t know if it was even enough of a business to invest in. He too went out.

Robert Herjavec agreed that it was far too soon to invest, especially considering the business duo had done no market research. Without being able to approve the appeal of the product, he went out.

Kevin O’Leary was the only one left, but unfortunately for the entrepreneurs, he was completely against the idea. He too went out, but not before offering to take them to dinner, and letting them order a bottle of wine that was valued at $3500, the exact amount of sales they had so far made.

All of this was contingent on them agreeing to shut down the business. He was of course kidding, but it didn’t seem to discourage Lindsay and Nicole. They believed that the sharks were missing out on a great deal.

With that, they left the tank, ready to keep moving toward success for their brand. Keep reading our Trimi Tank update to find out what happened following Shark Tank

Our Trimi Tank update reveals that the appearance on Shark Tank gave Lindsay and Nicole a great boost in sales. For a while, things seemed to be looking up.

Unfortunately though, the business closed down some time in 2013. This will be our final Trimi Tank update.

Would you like to find out more details about the other companies appearing on Season 3 Episode 12? Follow the links below to get all the information on them. 

For even more on companies and products, be sure to stop by our Season 3 Products Page before you go!

 

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Andrew Smith is the founder and owner of Shark Tank Recap. He is a longtime Shark Tank fan that has been watching it for years and has seen every episode multiple times. His friends know him as the Shark Tank expert, because he can answer any question about the show! His favorite Shark Tank products are Bertello's pizza oven and Bug Bite Thing!