The Handbag Raincoat from Shark Tank

The Handbag Raincoat shark tank
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Rainy days are no fun if you constantly worry about your favorite handbag getting soaked. While an umbrella may protect your hair and clothes from getting wet, it doesn’t guarantee that your handbag won’t get damaged in the rain.

To solve this problem, two sisters, Arley Sarner and Morgan Sarner George, came up with the idea to allow women to look good and keep their bags protected while trudging through the rain: The Handbag Raincoat!

Coming up with a fashionable solution to keep handbags safe from the rain was challenging for the designers of The Handbag Raincoat. The aim was to create something that would fit various bags.

The sisters experimented with different materials (even shower curtains) to design the most functional product. Read our review of this unique product to find out everything there is to know!

The Handbag Raincoat is a fashionable water-resistant covering for handbags made from polyurethane. The cover comes in three different sizes (maxi, midi, and mini), allowing them to fit different types of bags.

These handbag covers are like raincoats for your bags and come in a wide range of prints and patterns, including a transparent, black, city clicker, raindrop, and jet option. Since The Handbag Raincoats come at an affordable price, it is possible to purchase multiple designs to go with different outfits.

When The Handbag Raincoat is laid out flat, it takes an oval shape with an open slit and a Velcro on top, allowing it to be adjusted onto the handbag. It is super-convenient to put on and take off and ensures that not even a single drop of rainwater reaches your handbag.

You must be wondering where you are supposed to store the protective cover after it has been completely drenched in the rain.

The designers of the product thought of everything and created a small pouch to solve this problem. What’s great about this pouch is that it seals partially, allowing the rainwater to drain out while preventing any unpleasant odor from building up due to the soggy plastic.

The storage pouch has a hook to look it around your handbag. The Handbag Raincoat is designed like a traditional raincoat with an opening at the end, allowing water to flow down without collecting.

Arley and Morgan wanted to take their business to the next level and expand into their shoes and accessories market; the sister duo made an appearance on Shark Tank seeking an investment of $300,000 in exchange for a 25% share of The Handbag Raincoat.

The company had generated over $600,000 in gross revenues in the past three years, and its sales also increased by 33%.in the past year. Moreover, The Handbag Raincoat’s products were sold across hundreds of retail stores and big brands like Bed, Bath, and Beyond.

After the Shark Tank episode airing, the popularity of The Handbag Raincoat exploded. However, it was short-lived. The question arises: Is The Handbag Raincoat still in business? Unfortunately, the founders could not sustain the business after a significant drop in sales and decided to shut it down.

The Handbag Raincoat’s website is no longer operational, and they have not posted anything on their social media accounts, indicating that they don’t plan on coming back anytime soon. We’ll mark them as a failed business from Shark Tank.

Our Review of The Handbag Raincoat

The Handbag Raincoat is an affordable option for every woman who loves handbags. This water-proof cover combines style and functionality into a single product allowing women to protect their bags from the rain while looking good. The water-tight Velcro on top of the cover allows the handbag to pass through without getting wet.

It doesn’t matter what size, design, or shape your handbag is; there are multiple size options available for The Handbag Raincoat that can fit any bag. Apart from your bag, you can also use it to protect your accessories, electronic devices, and other expensive possessions from getting socked in the rain.

However, the buzz that The Handbag Raincoat generated was short-lived, and it is no longer available in the market.

Pros of The Handbag Raincoat

  • The Handbag Raincoat has a Velcro on top that allows you to adjust the cover on your handbag.
  • It is 100% water-resistant and prevents even a single raindrop from passing through.
  • It comes with a pouch where you can place the wet handbag cover.
  • It is ideal for places where it rains a lot, providing 100% protection from heavy rains.
  • The Handbag Raincoat is available in three different size options for different types and styles of handbags.
  • Made from durable and high-quality materials.
  • You can choose from a wide range of prints with different outfits.

Cons of The Handbag Raincoat

  • The handbag Raincoat’s bottom is open, leaving a small window for the water to seep in from the bottom.

Who is The Handbag Raincoat for?

The Handbag Raincoat is for women looking for a way to protect their handbags from getting damaged in the rain. The cover works for all kids on handbags, including small bags, cross-body bags, shoulder bags, clutches and pouches, party-sizes bags, laptop bags, and totes.

It also works for people wanting to keep important documents from getting soaked in the rain. Whether going to work or the mall, The Handbag Raincoat is just what you need if you have to deal with frequent rain showers.

Are there Any Alternatives?

The Handbag Raincoat captured the attention of millions of women, which encouraged multiple brands to capitalize on this business opportunity.

Big luxury handbag brands soon introduced expensive versions of the same product. However, The Handbag Raincoat is not faced with any direct competitors.

Our Final Thoughts

Are you tired of rainwater damaging your favorite handbags? The Handbag Raincoat is a water-proof cover that allows you to walk in the rain without worrying about your favorite bag getting damaged.

It allows rainwater to drape over, similar to a traditional umbrella! This unique and affordable solution is the first of its kind in the market, allowing women to enjoy the rain. Unfortunately, it is no longer available in the market.

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