ReMyxx(Rekixx) Shoes: What Happened After Shark Tank?

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ReMyxx (formerly known as Rekixx) is a footwear company that was founded in 2012 with a mission to create sustainable and environmentally friendly shoes.

The company's unique selling point is that their shoes are made from 100% recycled materials, including recycled rubber soles and upcycled plastic bottles. By using recycled materials, ReMyxx aims to reduce waste and minimize their environmental impact.

What sets ReMyxx apart from other shoe brands is their commitment to sustainability and their innovative approach to shoe design. The company believes that fashion and sustainability can go hand in hand, and they strive to create stylish and comfortable shoes that are also eco-friendly.

The Shark Tank experience

In 2015, ReMyxx had the opportunity to pitch their business on the popular television show Shark Tank. The founders of ReMyxx, Gary Gagnon and Eric Cruz, presented their innovative shoe concept to the panel of investors, hoping to secure a deal that would help them take their business to the next level.

Remyxx Shark Tank

During their pitch, Gagnon and Cruz highlighted the environmental benefits of their shoes, emphasizing the fact that they are made from recycled materials. They also showcased the unique design features of their shoes, such as the ability to easily swap out different colored soles.

The sharks were impressed with ReMyxx's mission and product, but they had some concerns about the scalability of the business and the competitive landscape of the shoe industry. Despite these concerns, Mark Cuban saw potential in ReMyxx and made an offer to invest in the company.

The deal with Mark Cuban

Mark Cuban offered ReMyxx a deal of $150,000 for a 25% equity stake in the company. This was a significant offer for Gagnon and Cruz, as it would provide them with the capital they needed to expand their business and increase production.

Investor Mark Cuban

The founders of ReMyxx accepted Cuban's offer, recognizing the value that his expertise and connections could bring to their company. They were also excited about the opportunity to work with someone who shared their passion for sustainability and believed in their mission.

Post-Shark Tank successes

Since appearing on Shark Tank, ReMyxx has experienced significant growth and success. The exposure from the show helped to increase brand recognition and drive sales for the company. They received a surge of orders following their appearance, and their shoes quickly gained popularity among environmentally conscious consumers.

ReMyxx has also expanded their product line, introducing new designs and styles to cater to different customer preferences. They have continued to innovate in the shoe industry, developing new features and technologies that make their shoes even more comfortable and sustainable.

Challenges faced by ReMyxx shoes

While ReMyxx has achieved great success, they have also faced several challenges along the way. One of the main challenges has been competition from other shoe brands.

The sustainable fashion industry has become increasingly crowded, with many companies jumping on the eco-friendly bandwagon. ReMyxx has had to find ways to differentiate themselves from their competitors and stand out in a crowded market.

Another challenge has been the production costs associated with using recycled materials. While ReMyxx is committed to using sustainable materials, these materials can be more expensive than traditional ones. This has required the company to find ways to reduce costs without compromising on quality or sustainability.

To address these challenges, ReMyxx has focused on building strong relationships with suppliers and manufacturers who share their commitment to sustainability. They have also invested in research and development to find innovative solutions that allow them to produce high-quality shoes at a lower cost.

The environmental impact of ReMyxx shoes

One of the key selling points of ReMyxx shoes is their positive environmental impact. By using recycled materials, the company is able to reduce waste and minimize their carbon footprint. The rubber soles of their shoes are made from recycled tires, which helps to divert these materials from landfills.

Remyxx pitch

In addition to using recycled materials, ReMyxx is also committed to sustainability throughout their supply chain. They work with suppliers who adhere to strict environmental standards and prioritize ethical practices. They also strive to minimize waste and energy consumption in their manufacturing processes.

Expansion plans for ReMyxx shoes

ReMyxx has ambitious plans for expansion in the coming years. They are looking to introduce new product lines, including athletic shoes and children's shoes, to cater to a wider range of customers. They are also exploring opportunities to expand into international markets, tapping into the growing demand for sustainable fashion worldwide.

However, expansion comes with its own set of challenges. ReMyxx will need to navigate different regulations and market dynamics in each new market they enter. They will also need to continue innovating and staying ahead of the competition to maintain their position as a leader in sustainable footwear.

Customer reviews and feedback

Customer reviews and feedback on ReMyxx shoes have been overwhelmingly positive. Customers appreciate the comfort and style of the shoes, as well as the company's commitment to sustainability. Many customers have praised the interchangeable soles feature, which allows them to customize their shoes and change up their look.

ReMyxx takes customer feedback seriously and uses it to improve their products and services. They have made adjustments based on customer suggestions, such as adding more cushioning in the soles for increased comfort. They also actively engage with customers on social media and respond to any concerns or questions promptly.

ReMyxx shoe designs and features

ReMyxx offers a range of shoe designs and features to cater to different customer preferences. Their shoes come in various styles, including sneakers, slip-ons, and sandals. They offer a wide range of colors and patterns, allowing customers to find a shoe that matches their personal style.

One of the key features of ReMyxx shoes is the interchangeable soles. The soles can be easily removed and replaced with different colors or patterns, allowing customers to customize their shoes and create a unique look. This feature has been a hit with customers, as it allows them to change up their style without having to buy multiple pairs of shoes.

The future of ReMyxx shoes

Overall, ReMyxx has achieved great success since appearing on Shark Tank. They have grown their business, expanded their product line, and gained a loyal customer base. The company's commitment to sustainability and innovation has set them apart in the shoe industry, and they have positioned themselves as a leader in sustainable footwear.

ReKixx shoes

Looking ahead, the future looks bright for ReMyxx. With their plans for expansion and continued focus on sustainability, they are well-positioned to continue growing and innovating in the coming years.

As more consumers become aware of the environmental impact of their purchasing decisions, the demand for sustainable fashion is only expected to increase, and ReMyxx is poised to capitalize on this trend.

FAQs

What are ReMyxx(Rekixx) shoes?

ReMyxx(Rekixx) shoes are a brand of eco-friendly sneakers made from recycled materials, including rubber from old tires.

What happened to ReMyxx(Rekixx) shoes after appearing on Shark Tank?

After appearing on Shark Tank, ReMyxx(Rekixx) shoes experienced a surge in sales and interest. However, the company faced challenges with production and distribution, leading to a hiatus in sales.

Did ReMyxx(Rekixx) shoes go out of business?

No, ReMyxx(Rekixx) shoes did not go out of business. The company faced challenges with production and distribution, but they have since resumed sales and continue to operate.

Where can I buy ReMyxx(Rekixx) shoes?

ReMyxx(Rekixx) shoes can be purchased on their website, as well as on Amazon and other online retailers.

Are ReMyxx(Rekixx) shoes environmentally friendly?

Yes, ReMyxx(Rekixx) shoes are environmentally friendly. They are made from recycled materials, including rubber from old tires, and are designed to be durable and long-lasting.

About the author 

Peter Keszegh

Most people write this part in the third person but I won't. You're at the right place if you want to start or grow your online business. When I'm not busy scaling up my own or other people' businesses, you'll find me trying out new things and discovering new places. Connect with me on Facebook, just let me know how I can help.

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