MadaLuxe Group on Thursday said it has acquired fine jewelry brand Ippolita, as the U.S. lifestyle group looks to bolster its portfolio and expand into the fine jewelry category.
Ippolita
Financial terms of the deal were not disclosed.
Under the deal, founder of Ippolita, Ippolita Rostagno, will continue in her role as chief creative officer, overseeing all aspects of design across the brand’s jewelry collections.
“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.”
Launching in 1999 exclusively at Bergdorf Goodman, Ippolita is known for its sculptural jewelery that blends contemporary design with Italian craftsmanship. Today, the brand is sold through leading luxury retailers and boutiques worldwide.
“We are thrilled to welcome Ippolita into the MadaLuxe Group family,” said Adam Freede, CEO and co-founder of MadaLuxe Group, which added it will support the New York fine jewelry brand’s continued growth across key markets worldwide.
“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. Above all, we saw a great chance to add someone as talented as Ippolita to the MadaLuxe family, who views the importance of people and company culture the same way that we do.”
