Is Rainbow Loom dead?
The Rainbow Loom trend, some have said, is over. The plastic loom with the tiny, colorful rubber bands used by tweens to make bracelets, rings, even flip-flops, was declared dead last Christmas, due to over-distribution.
What year was Rainbow Loom popular?
Targeted at children aged 8 to 14, Rainbow Loom became a popular pastime in summer camps and summer clubs in 2013, according to The New York Times and Today.
How much money did loom bands make?
Last year his company was reported to have made $44 million (£25 million) last year alone and business shows no signs of slowing down. The firm is now reportedly worth £80 million, and there’s barely a playground in the country that isn’t lit up with the bands’ flashes of multi coloured plastic.
Where was Rainbow Loom popular?
The Rainbow Loom, a plastic device for turning small rubber bands into jewellery, has sold more than three million units worldwide. The sheer scale of the craze can be seen in the stats for Amazon UK.