As of June, 2021, the company has products in over 15,000 retail outlets and online at Amazon. The business gets an update segment in season ten, episode 1009. They are allegedly in negotiations with CVS for a nationwide distribution agreement. Bethenny and Lori helped get No Mo-Stache into Anthropologie, Harvey Nichols, Virgin Megastore and Ulta. After airing, they introduced their bikini wax product: No Mo-Bush. The Shark Tank Blog constantly provides updates and follow-ups about entrepreneurs who have appeared on the Shark Tank TV show. Lori and Bethenny say yes but “NO MO NEGOTIATING!” No Mo-Stache Shark Tank Update Wonderful is losing his mind at this point and Gia and Jennifer counter Lori and Bethenny with $100,000 for 25% with a $1 royalty until they return $200,000. Lori (along with Bethenny) then offers $100,000 for 35%, with a $1 royalty per unit until she gets her investment back. Kevin jumps in and drops his royalty to $0.75 and when Gia and Jennifer keep asking Lori and Bethenny if they’ll do a deal, he goes to $0.50. Jennifer asks if the two Sharks would do $100,000 for 35%. Lori thinks the kits would sell well on QVC and she and Bethenny begin chattering about different marketing ideas. Bethenny offers $100,000 for 40% but she’ll fold the company into the Skinny Girl brand and include it in her beauty kits. He bids $100,000 for 10% PLUS one dollar for every kit sold until he makes $300,000. Kevin was watching, because he threw out an offer. While Lori was talking, Bethenny tested the strips on Mark’s arm. They said Sephora removed the product to “make room for new trends.” Lori thinks it’s because it wasn’t selling, but they said they were adding five new distributors this year. They were selling in Sephora beauty stores, but only in 60 out of 200. How they sell the product became a sticking point for Lori. They’ve done $200,000 in sales over two years with $300,000 projected for this year. When they said it wasn’t patented, he wanted to know why they were worth $400,000. Kevin wanted to know what was proprietary about the product and if it was patented. The difference is No Mo-Stache is smaller and more discreet. Bethenny, who was more familiar with this kind of product asked how No Mo-Stache was different from Sally Hansen Strips. He wanted to know if all women had facial hair issues. Mark asked why they didn’t just shave (he was joking) and Robert professed ignorance about these kinds of products. They’re different because their product is small, discreet and totally portable. They have a model demonstrate how to use their product as they talk about how easy it is to use. They begin talking about how their products are revolutionary for busy women. Jennifer and Gita enter seeking $100,000 for 25% of their business. No Mo Stache Portable Wax Treatment No Mo-Stache Shark Tank Recap Posts about No Mo-Stache on Shark Tank Blog Will a Shark want to partner with this beauty business? No Mo-Stache Company Information Jennifer and Gita likely want a Sharks help expanding their retail presence. The products have good reviews online and are available on Amazon, the company website, and at dozens of beauty stores nationwide including the Sephora and Anthropologie chains. Each strip comes with an aloe cream packet for post waxing relief. The No Mo-Bush strips come in packets of 16 or 32 strips for $12 or $22. No Mo-Stache comes in packets of 24 or 40 individual strips for $$12 or $16. Simply rub the wax strips between your hands, apply to the affected area and pull. No Mo-Stache (and the slightly larger No Mo-Bush) lets women quickly remove hair on the upper lip and in the bikini line area. They saw a need for a simple, safe and convenient portable waxing kit for women who want to have a wax treatment without taking a trip to the salon. They got together in 2012 and started their business. Jennifer owns The Beauty Strip waxing salon in North Hollywood and Gita is a Los Angeles based Fashion Executive. The co-founders are no strangers to the beauty industry. Jennifer Paschall and Gita Vasseghi pitch No Mo-Stache, their portable waxing kit for women on the go, in Shark Tank episode 905.
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