Shark Tank Update
Shark Tank Pitch
Stella Valle Shark Tank Update
Published:
3m
New Hope, PA
| Name | Stella Valle |
|---|---|
| Main Presenters | Paige Dellavalle and Ashley Jung |
| Presenter Image | |
| Product Image | |
| Last Known in Business | 11/1/2022 |
| Main Location | New Hope, PA Loading Map |
| Order Shown in Episode | 4 |
| Final Deal | Deal was made on the show with sharks Mark Cuban, Lori Greiner for $150k for 35% of company. |
Stella Valle Shark Tank Pitch
Paige Dellavalle and her sister, Ashley Jung, were West Point Cadets and Army officers who had a vision for their life after the military. With a $1k loan, they started Stella Valle, a jewelry line that represents their style and unique background.
Last year's sales were $37k and Paige and Ashley project to sell $80k this year. The girls have tested selling their jewelry through trunk shows in Bloomingdales and see a promising possibility of being picked up by Bloomingdales.
The girls want to focus on doing more trunk shows and move slowly to build brand recognition before going for mass distribution to be placed on the shelf next to other brands.
Three sharks go out despite Paige and Ashley trying to guilt them into making a deal because Ashley did military service for 15 months in Afghanistan. Lori is interested in the girls' story and Mark started a fund called the Fallen Patriot Fund. Lori and Mark team up and make a deal with Paige and Ashley for Stella Valle.
Offers
| Made By | Label | Sharks Part of Deal | Summary |
|---|---|---|---|
| Company | Offered | $150k for 25% of company | |
| Sharks | Out | Kevin O'Leary | Out |
| Sharks | Out | Robert Herjavec | Out |
| Sharks | Out | Daymond John | Out |
| Sharks | Deal | Mark Cuban, Lori Greiner | $150k for 35% of company |
Mark Cuban
Made Deal
Daymond John
Out
Kevin O'Leary
Out
Lori Greiner
Made Deal
Robert Herjavec
Out
Updates in Shark Tank Episodes
| Update Season | Update Episode |
|---|---|
| No Episode Updates | |
Stella Valle After Shark Tank
According to a 2021 article by oldgradclub.com https://www.oldgradclub.com/live/episode-01-slow-travel-49lnr-wpt64-ydt7s-hh9a8-hm9nm, Paige Dellavalle and Ashley Jung were recruited as swimmers at West Point Military Academy. After the deal with Mark Cuban and Lori Grenier Stella Valla got on QVC and in 2016 launched a more budget-friendly line for Target.Link Preview
oldgradclub.com
According to nj.com https://www.nj.com/news/2019/11/shark-tank-victors-launch-pop-up-jewelry-shop-in-hunterdon-for-the-holiday-season.html, Paige Dellavalle Walker graduated from West Point in 2009 but did not have to serve in the military due to shoulder surgery. Ashley Dellavalle Jung who previously graduated was finishing up her military service around that time. The girls started Stella Valle and had many ups and downs and learning along the way. Their jewelry had drastically changed since being on Shark Tank. In 2019 around 85% of their sales came from online sales and the rest from around 100 retailers.Link Preview
nj.com
Paige and Ashley sought to raise more money to grow, and Mark and Lori had already made back more than 10x their initial investment, so in January 2019, Mark and Lori gave their equity back to Paige and Ashley for free and let the two try and raise money on their own. Stella Valle did a pop-up store in Flemington, New Jersey, for the holiday season in 2019.
As of 2021 90% of their sales were online. As of November 2022 the Stella Valle website, stellavalle.com https://stellavalle.com https://www.instagram.com/stellavalle https://www.amazon.com/stores/page/BEEE87BA-CA5E-4BA5-94B0-08DAFF98534B?ingress=2&visitId=06cfdd16-9013-4fbc-a67e-5001cca9bba7&ref_=ast_bln https://x.com/stellavallenyc is no longer active. The Instagram, @stellavalle Link Preview
stellavalle.com last Tweeted in April 2022. There appear to be some pieces available on their Amazon Link Preview
@stellavalle store as of November 2022. The last Tweet from @stellavallenyc Link Preview
Amazon in 2018. It is difficult to gauge the status of the business as of 2022.Link Preview
@stellavallenyc
In 2022 Ashley's Instagram, @ashleydellavallejung https://www.instagram.com/ashleydellavallejung https://www.instagram.com/paigedellavallewalker shows her happy with her family and the same goes for Paige on her Instagram, @paigedellavallewalker Link Preview
@ashleydellavallejung .Link Preview
@paigedellavallewalker
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