Washed Up Hollywood Belts Update | Shark Tank Season 1

Danon Beres saw a gap in the market for fashionable, high-quality belts and buckles that appeal to both modern celebrities and everyday customers. Inspired by his successful belt-designer father, Al Beres, he founded Washed Up Hollywood. The company blends the distinctive, detailed designs popularized by 50s and 60s celebrities with affordability for a broader audience. Will his company earn a deal on Shark Tank? Find out in our Washed Up Hollywood update and pitch recap.

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

Danon entered Shark Tank Season 1, seeking $500,000 for 25% equity in his belt business, Washed Up Hollywood. However, his valuation didn’t convince the sharks, and he left without a deal.

In terms of a Washed Up Hollywood update, the company experienced a brief surge in popularity after the show aired and ultimately ceased operations in 2010.

Shark	Result
Robert Herjavec	No offer
Kevin O’Leary	No offer
Kevin Harrington	No offer
Daymond John	No offer
Barbara Corcoran	No offer

Shark Tank Washed Up Hollywood Pitch

• Entrepreneur: Danon Beres
• Business: Belts and belt buckles
• Ask: $500,000 for 25% equity
• Result: No deal
• Shark: None

Danon entered Shark Tank with two glamorous models to present his company, Washed Up Hollywood.

This belt and buckle brand aims to revive vintage Hollywood glamor with high-quality, stylish accessories inspired by pop culture icons of the 1950s and 1960s.

Danon sought an investment to expand the company’s reach and scale production to meet growing demand.

Washed Up Hollywood targets a younger demographic (18-28 years old) and offers products with distinctive designs, such as crystal skulls and logo buckles, all made in the USA.

Despite impressive offerings, the brand faced pricing challenges that impacted its success.

The sharks asked about the numbers, and Danon shared that the belts retailed between $55 and $99, with a production cost of around $40.

At the time of airing, he had done $435,000 in sales, with a profit of $50,000.

While Danon was confident in his $2 million valuation, the sharks strongly disagreed.

Kevin O’Leary praised Danon’s “arrogance” but called him a “greedy pig” for asking for such a large investment.

In response, Danon claimed he had a pending deal with a jeans company, but the sharks were still unimpressed.

Ultimately, all sharks declined to invest due to Danon’s high risk and flawed valuation.

Danon left Shark Tank without a deal. Keep reading our Washed Up Hollywood update to find out what happened next for his company.

Shark Tank Washed Up Hollywood Update

Our Washed Up Hollywood research update found that the company experienced a period of strong growth shortly after its episode aired.

As a result, in its first two years of operation, the company successfully expanded to over 300 retail stores and online platforms, generating more than $400,000 in sales.

Unfortunately, the company’s success was short-lived.

Due to high product costs and an inability to scale manufacturing, its valuation failed to align with its revenue, and it went out of business in 2010.

Despite having some initial success, it looks like this will be our final Washed Up Hollywood update.

Are you interested in the other companies featured in Season 1, Episode 8? Follow the links below for our other company updates from the episode.

• Notehall Update
• Treasure Chest Pets Update
• Throx Update

Before you go, check out our Shark Tank Season 1 page for more updates