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Stella Vella Shark Tank Update

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Stella Valle is a jewelry line, but not your basic one. Stella Valle is a personalized and inspirational jewelry line that is modern and bold, just like today’s youth. The designs made of this jewelry are based on the idea that jewelry can depict someone’s feminine side with a hint of trendy, beautiful, and powerful design.

Stella Valle has jewelry designs for absolutely anyone and everyone who loves charm jewelry. The brand also offers sets for mothers and daughters, females, males, etc that can easily be gifted to someone else or themself.

Stella Vella at a Glance:-

IdeaAll types of Jewellery and accessories.
FoundersPaige Dellavalle and Ashley Jung
Asked For$150,000 for a 20% equity
Accepted Deal$150,000 for a 35% equity
SharksMark Cuban and Lori Greiner
Business statusIn Business
Episode No.Season 4, Episode 26
WebsiteStella Vella
Buy on AmazonBuy Now!

Index:

Who are the founders of Stella Valle?

Ashley Jung and Paige Dellavalle are the former West Points candidates, army officers, and founders of Stella Valle. Ashley Jung and Paige have served their nation with honesty and bravery. After years of doing their active duty as soldiers, they came up with the idea of Stella Vella.

Ashley and Paige wanted to set an example that women can choose any path irrespective of their background or past and can achieve their vision. Ashley and Paige have two more sisters who were in the military too, but they are not a part of the business.

Did Stella Valle get a deal on the Shark Tank?

Jung and Paige, founders of Stella Valle came on the show seeking an investment of $150,000 for 20% equity in exchange. Jung and Paige demonstrated and explained their whole business concept to the sharks with the help of their presentation. Paige shared their journey and growth. Sharks were impressed by their presentation and product.

Kevin O’Leary also seemed to be curious about the sales figures, to which Jung replied that they sold products up to $37,000 in the first year and are on track with $80,000 sales with a few more months in hand. Kevin O’Leary, you asked for the valuation is understandable for me, and went out. Robert Herjavec appreciated their efforts in trying but didn’t agree with their strategy and went out. Daymond John said it’s not my field and went out to wish them the best of luck.

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Lori Greiner said he liked the whole concept and it could do very well on QVC. Lori asked Mark to join and he agreed. They gave an offer of $150,000 for 35% equity in return. After some back-and-forth discussions, the founders of Stelle Velle accepted the deal with Mark and Lori.

What happened to Stella Valle after the Shark Tank Show?

After the show, the Stella Valle founders started to get what they deserve. The deal made on the show between the duo of sharks and Stella Valle was officially closed after the show aired. Lori Greiner proved her words to be true by bringing the business to QVC. When Stella Valle was brought to QVC, the complete scenario changed for Stella Valle.

Before the show, Stella Valle was already available in Bloomingdales, Henri Bedel, and other boutiques. After the show, it came to QVC, Jared Jewellers, and other retail stores. Mark Cuban contributed by improving the retail segment of Stella Valle. During the pitch, they asked for a valuation of $750,000, which was later updated to $428,571.42 by sharks.

After the show, In November 2019, they set up their retail location in New Hope, PA. Stella Valle has various product options, like all jewelry, gift sets, bracelets, necklaces, earrings, rings, and sets for men and minis. Stella Valle costs $3 to $45 to manufacture and they sell it for $96 on the retail market. As of 2022, Stella Valle is on the mission of opening its retail stores in New Jersey.

Competitors of Stella Valle are:-

  • Regal collections
  • Camilla Jewellery
  • Spivak Jewellers 
  • Bling Jewellery 

What is the net worth of Stella Valle?

The valuation for the show was $750,000, which was, in the end, brought down to S428,571.42 by the sharks. The estimated net worth of Stella Valle is $5 million as of 2022.

Is Stella Valle still in business?

Stella Valle is still in business and is doing great at QVC. Lori and Mark are the biggest key factor behind the success of Stella Vella. Stella Valle has infinite collections and combos for shopping; as of 2022, they are planning to open their retail stores all over New Jersey.

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FAQs:

What is Stella Vella?

Stella Valle is a personalized and inspirational jewelry line that is modern and bold, just like today’s youth. The designs made of this jewelry are based on the idea that jewelry can depict someone’s feminine side with a hint of trendy, beautiful, and powerful design.

Who founded Stella Vella?

Ashley Jung and Paige Dellavalle are the former West Points candidates, army officers, and founders of Stella Valle. Ashley Jung and Paige have served their nation with honesty and bravery. After years of doing their active duty as soldiers, they came up with the idea of Stella Vella.

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