Stella Valle Shark Tank Update | Stella Valle after the Shark Tank Update
What is Stella Valle?
Stella Valle is a jewelry brand that makes gold, silver and brass necklaces, rings, bracelets, and earrings with charms like birthstones and initials.
After graduating from West Point and serving in the military, Ashley Jung and Paige Dellavalle (sisters) founded Stella Valle in 2009.
Much as they may get their hands filthy in the Army, the two sisters had a passion for fashion and design and were determined to pursue their aspirations.
Ashley got the idea design this one-of-a-kind charm jewelry after she gave Paige an old charm bracelet for her West Point graduation.
Paige was appreciative for the present, but the item and the style didn’t appeal to her. They realized at that moment that they needed to make more fashionable charm jewelry for young women.
They set out to reinvent outmoded charm jewelry by retaining significance and personalization while upgrading the look and infusing inspiration.
These Charm Jewelry Reimagined pieces are simple, yet significant and motivating, and are made to be piled and layered as a daily reminder of what inspires you to chase your ambitions.
The first product produced by the firm was a leather charm bracelet that allowed wearers to screw charms into holes in the band.
It would become the foundation for Stella Valle’s best-selling Modern Charm jewelry collection.
Dellavalle and Jung began by selling the bracelets to family and friends and hosting house shows and events at New York’s Bloomingdale’s and Henri Bendel shops.
The sisters took a leap of faith to design an unique jewelry collection that melds military force with a feminine touch—and offers messages of empowerment to wearers—by combining their military discipline, business degrees, and sense for style.
Stella Valle after the Shark Tank Update
After striking a deal on ABC’s business pitch show Shark Tank, they rapidly grabbed the support of moguls Lori Greiner and Mark Cuban.
The unique designs feature Stella Valle’s trademark style in a variety of bangles, rings, and other accessories for a fraction of the price of the sisters’ brand, which can be bought at boutiques and shops like as Bloomingdales.
Its accessories has also been taken up by additional stores, ranging from independent boutiques to major corporations such as Mark and Graham, Nordstrom, and Army and Air Force Exchange Stores on military bases. Customers may also purchase items through Stella Valle’s website.
Stella Valle had only $50,000 in sales when it appeared on Shark Tank. The firm has risen to seven-figure sales as a result of the adjustments it has been able to implement as a result of the show.
Cuban has played a critical role in Stella Valle’s career. He offers buy order finance to the firm, allowing the sisters to execute larger purchases.
Even with some early skepticism about how their military origins would fit nicely with fashion, Dellavalle and Jung have blended their military experiences into the way they manage Stella Valle.
Stella Valle FAQs
What exactly is Stella Valle?
Stella Valle is an accessories brand that expresses their natural sense of style as well as their distinct heritage — the range was created to reflect masculine and feminine features.
What are the main stores who have agreed to carry their product?
So far, prominent businesses such as Bloomingdale’s have joined the fray, as have a slew of little boutiques.
What did the founders pitched to the Sharks?
The two sisters have demonstrated that their product is marketable on a local scale and that, with the assistance of the Sharks, they can raise the funds necessary to build Stella Valle into a worldwide brand.
How much money does the business make?
Kevin inquires about the company’s earnings, which is around $75,000 in a little over a year.
Where do you market their wares?
They are now at Bloomingdale’s and Henry Bendel, both of which are well-known in the accessories sector.
Where Can I Buy Stella Valle?
Stella Valle is now accessible at a number of large retailers, the most notable of which being Target Supermarkets.
What are your long-term goals?
Stella Valle has continued to develop new fashion accessory lines and increase their physical, brick-and-mortar retail presence.
Who owns Stella Valle?
Paige Dellavalle and Ashley Jung, both West Point grads, founded the Stella Valle jewelry collection. In May 2013, the sisters pitched Stella Valle on Shark Tank
How did Stella Valle?
Paige Dellavalle and Ashley Jung, two West Point Cadet Army Officers and sisters, founded the Stella Valle jewelry brand.
After completing their service to our nation in 2009, the two close sisters founded the Stella Valle jewelry line to match the more edgy side that the military puts out in you.
What exactly are the design elements?
The powerful lines and geometric craftsmanship signify their strength and military background
The founders noted that their jewelry has”Feminine details” balance out the “masculine” design features.
When was Stella Valle shark tank episode?
Stella Valle made an appearance on Shark Tank in episode 423(In May 2013).
The founders, former West Point students, army commanders, and sisters Ashley Jung and Paige Dellavalle pitched their line of fashion jewelry that emanates “a diabolical mélange of edge and elegance all at once.”
The sisters, who are from New Jersey, have two more sisters who are also in the military but are not involved in the company.
What’s the deal?
Ashley Jung and Paige Dellavalle approach the Sharks asking a $150,000 offer in exchange for a 25% stake in their firm.
Lori Greiner and Mark Cuban accepted to invest $150,000 for 35% of the company.
What are the prices?
The items range in price from $3 to $45 to make, with retail pricing starting at $96.
What Was the Story of Jung and Dellavalle?
Courageous, devoted, and enthusiastic, the two created a strong and distinct collection that separated out from any other the Sharks had acquired in the past.
Stella Valle was available in QVC?
Greiner kept her word and got the Stella Valle line on QVC, where it is still available today.
What happened to Stella Valle after the Shark Tank?
They’ve done a lot of business with Greiner on QVC over the years, where they appeared 12 times in 2014.
In 2017, the firm signed an agreement with large retailer Nordstrom, and its workforce has more than doubled.