In Episode 312: Shoes, the Sharks get a new take on footwear. Investors are introduced to Gary Gagnon’s Remyxx sneakers, which he hopes will start a new trend. Gagnon was inspired by the sight of people discarding their worn-out shoes in the trash.
He was inspired to create “landfill-free footwear” that could be recycled and reused over and over again. Comfort, durability, and style were all important factors in a highly competitive market.
The Shark Tank Effect may be enough for Gagnon to get him a deal with Shark despite just having two weeks of marketing experience. He launched a Kickstarter campaign and a shell website in preparation.
On Facebook, Gary Gagnon announced that ReMyxx shoes, which later changed their name to ReKixx shoes, had closed their doors. He barely sold 2,800 pairs of sneakers in the last four years, according to an article he wrote on April 9th, 2017.
Because it is recyclable, the ReMyxx shoe sets itself apart from other shoes on the market today. Every part of the sneaker may be recycled without causing any harm to the planet.
Aside from his lack of sales and his three-week-old business, Gary’s commitment to environmental stewardship makes him an appealing candidate for the Shark Tank panel.
In order to avoid a trademark dispute with a DJ, Gary Gagnon renamed his company ReKixx. It’s a shame he couldn’t use the name “ReKixx” for his sneakers when he went on Shark Tank.
During an episode of Shark Tank, Daymond John signed a deal with ReMyxx, but everything broke apart during the due diligence process. After the show, Daymond continued to tutor Gary Gagnon on a shoestring budget.
What are Remyxx and ReKixx?
With a wide choice of colors and designs, ReMyxx/ReKixx (also known as “Sneakers with a Purpose”) are durable, stylish, and comfortable sneakers that may be worn by men, women, and children.
Canvas and rubber-like materials are used to create a customized blend of recyclable materials.
The Shark Tank’s Remyxx/ReKixx UpdateThe recycle emblem is emblazoned on the shoe’s uppers and soles to identify the wearer as environmentally conscientious and pique consumers’ curiosity about the brand’s offerings.
When you’re ready to get rid of the shoes, put them in the recycle bin to avoid contamination. As an alternative, you can mail them back to Gary (he will cover the shipping cost).