A 15-YEAR-OLD entrepreneur, who founded his successful bow-tie company at just 12, has signed a lucrative licensing deal with the NBA.
The agreement, which was initiated by the league, grants Moziah “Mo” Bridges 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.
Mo founded Memphis-based company, Mo’s Bows, which manufactures handmade bow and neckties, in 2014 after winning investment on ABC’s Shark Tank from entrepreneur and fashion mogul Daymond John.
With Draymond’s support and guidance, Mo’s Bows sales exploded as the brand landed on the shelf of luxury retailers like Neiman Marcus and Bloomingdales.
Mo was subsequently named on TIME Magazine’s Most Influential Teen List in 2015 and was invited to the White House by former President Barack Obama.
That same year, ESPN hired the then 13-year-old as a fashion correspondent for their NBA Draft telecast, while his company hand-made bow ties for all of the draft picks.
“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.”
“My goal has always been to make Mo’s Bows a household name for kid entrepreneurship and men’s accessories,” Mo told Forbes. “Partnerships like this one will help me reach my goals of having a full clothing line by the time I graduate from college. It feels really good to know a major company like the NBA believes in me and my vision to shake up the world through fashion.”