Young entrepreneur Moziah “Mo” Bridges was just 12 years old when he appeared on ABC’s Shark Tank to promote his Memphis based company, Mo’s Bows, which manufactures handmade bow and neckties. Now 15, this young Black teen just signed a licensing deal with the NBA, giving him the rights to manufacture his products with the logos of NBA clubs.
The NBA is excited about the launch of the Mo’s Bows NBA Collection because it increases their merchandise distribution to NBA fans. For Bridges, it means a seven-figure licensing deal and an important step in expanding his business. Mo comments, “Partnerships like this one will help me reach my goals of having a full clothing line by the time I graduate from college.”
Impressive from the start
When Bridges and his mother appeared on Shark Tank in 2014, shark Daymond John immediately invested into Mo’s business. John saw in Bridges “a young man with a great vision and a mother with a strong business sense. Moziah’s Business didn’t receive an financial investment on the episode of “Shark Tank”. However, Daymond mentored young Moziah giving him the knowledge and business acumen to take Moe’s Bows to the next level.
His instincts were right. Sales of Mo’s Bows at retailers like Neiman Marcus and Bloomingdales went through the roof. Bridges was named to TIME Magazine’s Most Influential Teen List in 2015. He was even invited to the White House by former President Barack Obama, and ESPN hired Bridges as a fashion correspondent for their NBA Draft telecast. This was quite an impressive start for Moziah Bridges. But he is far from done. In fact, he is just getting started! “My goal has always been to make Mo’s Bows a household name for kid entrepreneurship and men’s accessories,” explains Bridges.
The agreement, which was initiated by the league, grants Mo’s the rights to manufacture his products with the logos of NBA clubs, for distribution through the company’s online store as well as retail outlets.
“Moziah’s creativity and entrepreneurial spirit are an inspiration, and we are thrilled about the launch of the Mo’s Bows NBA Collection,” said Lisa Piken Koper, NBA Vice President, Global Partnerships. “We are always looking for ways to diversify our merchandise offerings and cater to our fashionable fan base, and couldn’t be more excited that fans will have a fun and unique way to show support for their favorite NBA teams.”
For more details and/or to purchase the bowties, visit www.mosbowsmemphis.com