Islide net worth 202111/2/2022 For instance, startup Tom’s Shoes has been struggling with debt after mojo from its business model tied to charitable giving ran out and the company was taken over by creditors just days ago. Sales have continue to grow more than 25 percent a year since then.įootwear can be a dangerous category. Indeed, the Boston-based company has achieved annual revenues of several million dollars in only about seven years in the business, employing more than 30 people, and has shown enough promise that Kittredge turned down bidders on Shark Tank in 2016 who didn’t value ISlides as highly as he did. Then we figured we’d have a great niche in the business.” “Our whole vision and dream was that we can make one pair of slides and make them the most comfortable they can be, and get them to you quickly. “There are big companies with slides but no customization and smaller, low-end promotional companies that do customization – but you have to buy at least 100 of them and they take three weeks to three months to produce,” Kittredge told Chief Executive. His Boston-based company, ISlides, takes Vietnamese-made slide sandals, quickly custom-prints them with logos and other images in the United States, and sells them online to shoppers eager to wear homage on their feet to a celebrity, a team, a sports championship or other things – and ships them within 10 days of the order. Justin Kittredge has leveraged customized manufacturing to create a niche in the footwear business between the global giants of the athletic-shoe trade and startups that can ignite fads and ride them for years. Each month we share insights and ideas from innovative, growth-minded manufacturing CEOs from across the nation as they navigate this tricky time in history. This is the latest in our “ Masters of Manufacturing” series, presented in partnership with The Indiana Economic Development Corporation.
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