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MadaLuxe Group Acquires Ippolita
The luxury goods company said founder Ippolita Rostagno will remain at the brand’s helm.
MadaLuxe Group has acquired a majority stake in Ippolita, the fine jewelry brand founded by Ippolita Rostagno in 1999. Seen here is a pair of Ippolita’s "Lollipop Lollatini" earrings in 18-karat yellow gold with hematite, blue topaz, Swiss blue topaz, and London blue topaz.
New York—Luxury goods company MadaLuxe Group has acquired a majority stake in fine jewelry brand Ippolita.
The New York-based fine jewelry brand joins the group’s portfolio of luxury fashion and lifestyle brands spanning ready-to-wear, leather goods, footwear, accessories, timepieces, home, and spirits.
Financial terms were not disclosed.
Founder Ippolita Rostagno will continue in her role as chief creative officer, overseeing the brand’s signature 18-karat gold and sterling silver collections.
The brand has no official CEO at this time.
“I founded Ippolita with the belief that fine jewelry should celebrate the artistry of the hand and honor the individuality of the women who wear it,” said Rostagno.
“Joining MadaLuxe Group opens an exciting new chapter—one that allows us to protect our heritage while embracing meaningful opportunities for growth. I am delighted to continue guiding the brand’s creative vision as we reach an even broader global audience.”
Adam Freede, CEO and co-founder of MadaLuxe Group, said he was thrilled with the acquisition.
“Ippolita is an iconic brand with a rich artistic heritage, extraordinary customer loyalty, and a timeless visual vocabulary. We see significant opportunity to drive brand growth through strategic support and investment,” he said.
“Above all, we saw a great chance to add someone as talented as Ippolita [Rostagno] to the MadaLuxe family, who views the importance of people and company culture the same way that we do.”
Related stories will be right here …
The New York-based fine jewelry brand joins the group’s portfolio of luxury fashion and lifestyle brands spanning ready-to-wear, leather goods, footwear, accessories, timepieces, home, and spirits.
Financial terms were not disclosed.
Founder Ippolita Rostagno will continue in her role as chief creative officer, overseeing the brand’s signature 18-karat gold and sterling silver collections.
The brand has no official CEO at this time.
“I founded Ippolita with the belief that fine jewelry should celebrate the artistry of the hand and honor the individuality of the women who wear it,” said Rostagno.
“Joining MadaLuxe Group opens an exciting new chapter—one that allows us to protect our heritage while embracing meaningful opportunities for growth. I am delighted to continue guiding the brand’s creative vision as we reach an even broader global audience.”
Adam Freede, CEO and co-founder of MadaLuxe Group, said he was thrilled with the acquisition.
“Ippolita is an iconic brand with a rich artistic heritage, extraordinary customer loyalty, and a timeless visual vocabulary. We see significant opportunity to drive brand growth through strategic support and investment,” he said.
“Above all, we saw a great chance to add someone as talented as Ippolita [Rostagno] to the MadaLuxe family, who views the importance of people and company culture the same way that we do.”
Rostagno launched her eponymous line in 1999, billed as jewelry for the modern woman that was designed to be stacked and layered.
In 2007, private equity firm Castanea Partners took a majority stake in Ippolita to help grow the brand.
Rostagno bought back full control of the brand in 2018 and took over as chief creative officer and CEO.
Today, Ippolita is known for its sculptural forms, hand-hammered metals, proprietary gemstone cuts, and contemporary interpretation of Italian craftsmanship.
MadaLuxe said the acquisition underscores its commitment to investing in brands defined by enduring relevance and craftsmanship.
It said its plan is to draw on its global network, robust luxury infrastructure, and demonstrated record of building and scaling companies to support Ippolita’s continued growth across key markets worldwide.
Ippolita is sold through its website and at luxury retailers worldwide.
More information about MadaLuxe is available on its website.
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