Jenny Greer and Erin Bickley were discontent with shapewear choices. They were unable to locate trousers that would fit their bodies well while remaining comfortable. This prompted them to develop their product, Hold Your Haunches. Their trousers appear as leggings externally but come with integrated shapewear.
The trousers offer a flattering silhouette while remaining comfortable to wear. They appeared on Shark Tank seeking $75,000 for a 20% stake in their company. Will the entrepreneur get a deal on Shark Tank? Check out the Packback update!
Hold Your Haunches Net Worth Shark Tank Update 2025
Erin Burch and Jenny Greer went on Shark Tank asking for $75,000 for 20 % of their company. This meant they thought their business was worth $375,000. They made a deal with Barbara Corcoran and Lori Greiner for $75,000 for 40 %, lowering the valuation to $187,500. The episode was aired on April 4, 2014. The company closed a few years later. The current net worth of Hold Your Haunches is $0 in 2025.
After their appearance on Shark Tank Hold Your Haunches seemed to have had some success. The company sold $280,000 worth of their shapewear pants. The brand had a solid year with a $50,000 profit. However as of 2023 the Hold Your Haunches website is down. The product is still available on online platforms like Amazon and other retailers.
This suggests the company may not be active in the same way anymore. Their products can still be found online, but it appears their main business operations have slowed down or ceased.
Jenny and Erin made their pitch, asking for $75,000 for 20% equity. Despite some initial skepticism from the Sharks, Barbara Corcoran and Lori Greiner made an offer. They proposed $75,000 for 40% equity in the business. They also offered an additional $100,000 line of credit to help with inventory.
Although Jenny and Erin initially hesitated because of the high equity, they accepted the offer. They were confident that Barbara and Lori could help them grow their brand in major retailers. The deal was made, and it looked like a great opportunity for them.
| Shark(s) Name | Offer & Demand | Counter Offer | Accepted? |
| Lori Greiner | $75,000 for 40% equity (Combined Offer) | N/A | Yes |
| Robert Herjavec | Out | N/A | N/A |
| Kevin O’Leary | Out | N/A | N/A |
| Barbara Corcoran | $75,000 for 40% equity (Combined Offer) | N/A | Yes |
| Mark Cuban | Out | N/A | N/A |
Hold Your Haunches Shark Tank pitch
The motivation for Hold Your Haunches by Jenny Greer and Erin Bickley stemmed from their dissatisfaction with the shapewear industry. They believed there was a lack of comfortable shapewear choices for women. Numerous shapewear items were uncomfortable and failed to offer the proper fit. Jenny and Erin chose to develop a solution. They aimed to design pants that would enhance a woman’s silhouette while ensuring comfort.
Following their research, they developed a distinctive design. They created trousers that resembled leggings yet concealed compression shapewear within. This enabled women to don stylish attire while enjoying the advantages of shapewear. The initial phases of product development were difficult. Jenny and Erin needed to determine how to create the pants and keep them inexpensive.
They collaborated with producers in Asia to develop the product. This allowed them to reduce expenses while maintaining strong quality. They encountered numerous obstacles such as selecting the appropriate material and ensuring the shapewear was functional. They dedicated time to refining the product yet they persisted without giving up. Their diligent efforts were rewarded when they achieved their initial sales.
However, they understood that in order to succeed capturing the interest of major retailers was essential. That’s when they chose to appear on Shark Tank to pursue funding. They anticipated that the Sharks would assist them in growing their business and attracting more clients.
Jenny and Erin’s presentation on Shark Tank began with their feelings of frustration. They described their struggle to locate shapewear pants that were both comfortable and functional. They presented Hold Your Haunches as a remedy for this issue. They displayed their pants to the Sharks, which appeared smooth on the exterior but included shapewear woven into the material.
The women described how the pants could enhance a woman’s silhouette and boost her confidence while remaining comfortable. They provided specifics regarding the business model. They claimed that the trousers were produced in Asia for $30 per pair. They sold them to retailers at $69, and the retailers offered them for $139. Their sales numbers were remarkable.
They sold products totaling $280,000, with $165,000 generated in the past year. They reported that they earned $50,000 in profit last year and reinvested it into the business. Jenny and Erin subsequently requested $75,000 in exchange for 20% ownership of the business. They aimed to utilize the investment to develop their business and extend into additional stores.
They recognized the product’s potential and aimed to create a larger influence in the market. They anticipated that the Sharks would be intrigued by their product and their business development.
The Sharks posed numerous inquiries regarding Hold Your Haunches. Kevin O’Leary was the initial speaker. He promptly voiced worries regarding the product. He referred to the pants as “deceptive marketing.” He mentioned that men would feel let down when they saw women in pants and found out that the shapewear wasn’t as effective as they hoped.
He also implied that the product was deceptive and termed it “fraudulent.” He believed the product wouldn’t attract customers and chose to withdraw.
Then Robert Herjavec expressed his worries. He remarked that the pants would be too warm for women to wear. He was concerned that women might not choose to wear the shapewear since it could cause them discomfort during hot weather. He doubted if the pants would be suitable for daily use. Following additional discussions about the product, Robert chose to exit the pitch. He didn’t believe the enterprise would thrive.
Mark Cuban likewise voiced skepticism. He mentioned that women’s fashion was not his field of expertise. He felt uneasy about investing in a product that didn’t align with his interests. Mark chose to withdraw too departing the stage with just Barbara Corcoran and Lori Greiner remaining in the competition.
Barbara Corcoran was prompt to express her thoughts. She confronted the other Sharks about their conduct. She noted that whenever a product was targeted towards women, the male Sharks often withdrew. She sensed that the other Sharks were not providing the product a proper opportunity. Lori Greiner concurred with Barbara. The two women were intrigued by the business and recognized the product’s potential.
Once all the inquiries from the Sharks were made, the entrepreneurs were left with Barbara and Lori as the final investors. Barbara and Lori proposed a bid of $75,000 for a 40% stake. They additionally provided a supplementary $100,000 credit line to assist with inventory. This represented a significantly larger equity share than Jenny and Erin had requested, but they realized it was a valuable chance.
They were assured that Barbara and Lori could assist them in expanding the business and entering significant retailers. Initially, Jenny and Erin were reluctant. They were unwilling to relinquish such a significant portion of their business. However, Lori and Barbara comforted them. They described how their knowledge could assist the company in expanding rapidly. They vowed to leverage their contacts to bring Hold Your Haunches into retail outlets.
Jenny and Erin were persuaded and accepted the agreement. This was an important moment for the company. The collaboration with Barbara and Lori appeared poised to elevate Hold Your Haunches. The entrepreneurs were eager to collaborate with them and wished to see their brand turn into a household name.
What Went Wrong With Hold Your Haunches On Shark Tank?
Even with the early achievements, Hold Your Haunches faced obstacles in the future. Once the agreement was finalized, the company appeared to encounter several challenges. The company’s website became unavailable in 2023.
This might indicate that the company was facing difficulties or had ceased its primary activities. Even though their products can still be found on Amazon and various online retailers, it seems the company is not functioning at full capacity anymore. Various elements may have played a role in the company’s downfall.
The intended market for the product may have been overly limited. Selling shapewear products can be challenging, particularly when facing strong competition. An additional challenge might have been the significant equity share that Barbara and Lori acquired.
Jenny and Erin might have sensed constraints due to their inability to control their business. In spite of these problems, Hold Your Haunches achieved some success. They had a robust beginning with sales but encountered challenges in expanding the business. It’s not entirely clear what happened following their appearance on Shark Tank but the business appears to have faced challenges in maintaining its growth.
Product Availability
Hold Your Haunches pants are unique. They look like leggings on the outside but hide shapewear inside. The pants are designed to shape a woman’s figure while still being comfortable to wear. The product is available online. You can find it on Amazon and other retail sites. The price for a pair of Hold Your Haunches pants is around $139. This is the retail price, and it reflects the quality and design of the product.
The company originally made the pants in Asia for $30 each. They sold the pants to retailers for $6,9 and retailers sold them to customers for $139. This pricing structure helped Hold Your Haunches remain affordable while still making a profit. However, with the company’s website down, it seems that they are no longer selling the product directly to consumers through their own platform.
Conclusion
Hold Your Haunches had a promising start after their appearance on Shark Tank. They received an offer from Barbara Corcoran and Lori Greiner, which helped them grow the business. They sold a significant amount of products and were optimistic about their future. In 2023, the company’s website went down, and it seems that the brand has slowed down or ceased operations. Despite this, Hold Your Haunches pants are still available through other online retailers.
Hey there, I’m Fatima Muhammad, an International Relations student, with a focus on the strategic dynamics of global relations, One of my favorite shows is Shark Tank. I love it because it showcases the creativity, determination, and strategic thinking of entrepreneurs, which I find inspiring. The show also teaches valuable lessons about innovation, business dynamics, and the importance of perseverance in the face of challenges. Read more About me.
