Romperjack, the trendy men’s romper apparel brand founded by entrepreneurs Justin Clark and Wyatt Thompson, has made waves in the fashion industry since its launch. Despite not securing a deal on Shark Tank Season 13, the company has continued to grow, reaching an estimated annual revenue of $1.5 million. In this blog post, we’ll dive into Romperjack’s journey, from its inception to its current net worth, and explore the factors that have contributed to its success.
Who is Romperjack?
Romperjack is a men’s fashion brand that specializes in rompers and jumpsuits. Justin Clark and Wyatt Thompson founded the company, recognizing a market opportunity for stylish and unique men’s apparel. High-quality materials comprise Romperjack’s products, with the original rompers made from 98% cotton and 2% spandex, and the printed rompers made from 100% polyester. The brand offers a wide range of designs, from subtle to bold patterns, catering to various occasions and personal styles.
Who Is The Founder Of Romperjack?
Justin Clark and Wyatt Thompson are the co-founders of Romperjack. The duo recognized the lack of variety in men’s fashion and decided to start their male romper line. They jumped on the romper trend after seeing successful Kickstarter campaigns from other companies, but they aimed to be the first to bring the product to market in North America.
| Name | Romperjack |
|---|---|
| Founders | Justin Clark and Wyatt Thompson |
| Founded | Date not specified |
| Industry | Men’s Fashion |
| Products | Rompers, jumpsuits, polo shirts, swimwear, etc. |
| Materials | Rompers: 98% cotton, 2% spandex |
| Printed rompers: 100% polyester | |
| Target Market | Fashion-forward men, particularly LGBTQ+ community |
| Unique Selling Proposition | Unique and stylish men’s rompers and apparel |
What Was Romperjack’s Shark Tank pitch like?
Justin Clark and Wyatt Thompson appeared on Shark Tank Season 13, seeking $200,000 for a 5% equity stake in Romperjack. Despite impressing the Sharks with their $1.1 million in direct-to-consumer sales in the 12 months before filming, the entrepreneurs left without a deal.
The Sharks appreciated the bold style choice but were unsure about the target market. Mark Cuban, Daymond John, Peter Jones, Lori Greiner, and Kevin O’Leary all declined to invest, citing various reasons such as a lack of interest in the clothing space or not being confident in wearing the product themselves.
| Shark Tank Season | Season 13 |
|---|---|
| Ask | $200,000 for 5% equity |
| Sales | $1.1 million in direct-to-consumer sales (12 months before filming) |
| Outcome | No deal secured |
| Reasons | Sharks impressed with sales but unsure about the target market; all Sharks declined to invest |
Romperjack Shark Tank Update:
Since appearing on Shark Tank, Romperjack has continued to grow, reaching an estimated annual revenue of $1.5 million. The company has gained a loyal following, with celebrities like Dax Shepard wearing their rompers. Romperjack has expanded its product line to include jumpsuits, golf polos, swimwear, and more, all available on its website.
What Happened to Romperjack After Shark Tank?
Despite not securing a deal on Shark Tank, Romperjack has thrived. The company has experienced consistent growth, with its website attracting around 40,000 visitors per month and its Instagram account boasting 30,000 followers. Justin Clark has also started a new venture called Whiz Tutor, suggesting potential leadership changes for Romperjack in the future.
Romperjack Net Worth:
Romperjack generates an estimated $1.5 million in annual revenue by 2022. Although the company does not publicly disclose its net worth, its consistent growth and expanding product line indicate a promising future.
Romperjack Growth and Operations:
Romperjack has experienced significant growth since its launch. The company’s sales increased from $200,000 in 2017 to $1.1 million in 2020, resulting in a profit of $150,000 (excluding salaries). Romperjack has successfully captured a niche market, becoming the first company to sell male rompers in North America.
Romperjack Marketing and Sales:
Romperjack’s marketing strategy has focused on targeting the LGBTQ+ community, particularly gay men. The company’s unique and vibrant designs have resonated with customers looking for clothing that expresses their individuality and personality. Prominent publications and platforms like GQ, BuzzFeed, and The Los Angeles Times have featured Romperjack, thereby increasing its visibility and sales.
Romperjack Social Media Presence:
Romperjack has a strong social media presence, with 30,000 followers on Instagram. The company uses its social media channels to showcase its products, engage with customers, and stay up-to-date with the latest fashion trends.
Romperjack Interesting Facts:
- In North America, Romperjack was the first company to sell male rompers.
- The company has expanded its product line to include aprons (sold through its sister website, JClark Designed) and polo shirts (sold through their cousin website, Trenton Apparel).
- Customer reviews praise Romperjack for its unique designs, comfortable fit, and excellent delivery service.
What’s next for Romperjack?
As men’s fashion continues to evolve, Romperjack is well-positioned to capitalize on the growing demand for unique and stylish apparel. The company’s success in a niche market demonstrates its potential for further growth and expansion. With Justin Clark’s entrepreneurial skills and the possibility of new leadership, Romperjack’s future looks bright.
Final Words:
Romperjack’s journey from a startup to a successful men’s fashion brand is a testament to the power of identifying and filling a gap in the market. Despite not securing a deal on Shark Tank, the company has thrived, reaching an estimated annual revenue of $1.5 million and gaining a loyal customer base. As Romperjack continues to innovate and expand its product line, it is poised for even greater success in the years to come.
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