Bauble Stockings Net Worth Shark Tank Update

Imagine if holiday tradition met with fashion forward design and that’s how the idea for Bauble Stockings came into Kate Stewart’s mind. Their motive is to bring something new for a traditional holiday like a decorative Bauble with elegance and sparkle which contain practical function of the stocking also.  

On Shark Tank season 17 episode 7 Kate Stewart came up with the idea of Bauble Stockings taking $2500000 for 15% equity so she can expand her brand with the investment. Her brand has a unique combination of traditional holidays with modern touches, which is why sharks like the idea of your brand.

In this article we will discuss whether she got the deal from the sharks or not. Because Bauble Stockings have the potential to stand out in the market for decoration. 

Bauble Stockings Net Worth Shark Tank Update

Kate Stewart went on Shark Tank asking for $250,000 for 15% of her company. This meant she thought her business was worth about $1.66 million. She made a deal with Barbara Corcoran for $250,000 in exchange for 20% of the company, which lowered the valuation to about $1.25 million. After the show aired, Bauble Stockings saw strong online sales, increased demand from gift shoppers, and more retail interest during the holiday season. Since the company is still active and growing with new designs, higher production, and repeat seasonal customers, a simple 10% yearly growth estimate suggests that the current net worth of Bauble Stockings is between $1.3 million and $1.6 million in 2025.

Did the Bauble Stockings Get a Deal on Shark Tank?

Yes, they got the deal with Barbara Corcoran. Kate asked for $2500000 for 15% equity but Barbara offered her 20% equity and after negotiation, she accepted the deal. 

Shark NameOffer & DemandAccepted
Lori GreinerOut No  
Daniel LubetzkyOut No 
Kevin O’LearyOut No 
Barbara Corcoran$2500,000 for 20% Yes 
Mark CubanOut No 
Daymond JohnOut No 

With the help of Barbara’s investment, she wants to improve the production of the company, strategic retail connections which are beneficial for her to expand her business internationally. 

Bauble Stockings Shark Tank Pitch

Founders’ Backstory

Kate Stewart is a designer and entrepreneur by profession who wants to introduce something new to the market with her creative ideas. She noticed that Christmas stockings were so simple and here the innovation of Bauble Stockings comes into her mind. She added a glamorous and decorative idea to simple Christmas Stockings. 

She shared her journey on Shark Tank, that she went through many years of experimentation with design, materials, and ornaments, because these things are important for designing and styling the product. Her goal is just to introduce something that attracts customers to buy it as a gift, unique, and festive holiday item. 

Initial pitch

Kate started her presentation by holding sparkling Bauble Stockings that have these design features:

Unique ornament-inspired who has glittery and sequins on the external body of the product

The construction and fabrics of the product are of high quality.

Sized to hold gifts while doubling as holiday décor 

They have different designs and are presented in different colours.

She mentioned that Bauble Stockings are amazing for gifting, decoration, and used for decoration at family gatherings while maintaining the balance between their function and fun. 

A memorable line from the pitch was:

“We took a beloved holiday tradition and added sparkle, turning it into a centerpiece that families will cherish for years.”

Their product has potential because its exterior is so appealing and practically amazing that’s why sharks are really impressive.

Shark Questions & Discussion

Mark Cuban is concerned about seasonality:

“How will you maintain it year-round if this is primarily a holiday product?”

Kate replied with confidence that Bauble Stockings is not just used as decoration but also used for gift wrapping which is why it is not just a niche based item. Having huge seasonal sales for winter events and retail promotions. 

Kevin O’Leary questioned profit margins:

“What’s your cost per stocking versus retail price?”

Kate mentioned that I agree that the price of our product is high but its quality, designs, and uniqueness are so amazing that customers never feel regret for buying this. 

Daymond John asked about retail channels and scalability:

“Do you manufacture enough to meet national demand?”

 Kate emphasizes that she has a healthy relationship with the manufacturers, and they know I will never compromise on the quality of the product. 

Sharks’ Reactions and Negotiations

From the other Sarks, Barbara was the one who immediately recognized the potential of this product. She mentioned that this product has huge demand in decoration marketing as its demand is increasing with each passing day, which is why she offered $250,000 for 20% equity and Kate accepted it after hearing the others’ opinions. 

Other sharks passed:

Lori Greiner: concerned about niche holiday appeal
Mark Cuban: concerned about seasonal limitations
Kevin O’Leary: Concerned about pricing and profit margins
Daymond John: Unsure about the year-round relevance

With the help of investment from Barbara, they get financial support, mentorship which helps them to expand their product, and enhance the initial connection.

What Went Right Or Wrong

What went right:

Their products have a unique style, and are visually appealing which attracts customers to try them. It has a strong gift and decoration appeal. Get the deal from the sharks and get a compliment from them. 

Product Availability & Features

Bauble Stockings include:

The glittering, ornament-inspired exterior design is glittery which attracts customers to buy it. The quality and material are high. Sized to hold gifts while doubling as décor, have multiple varieties of colour and design and also have customization options. 

The stockings are available online at baublestockings.com,  and also get physical stores during the holidays. The product gained attention from the audience and customers because of its uniqueness, design, and quality which is so impressive. 

What Happened To Bauble Stockings After Shark Tank?

After their appearance on Shark Tank, Bauble Stockings leveraged Barbara Corcoran’s investment to: 

Scale production for wider retail distribution, their product sales increase, they expand campaigns for their market and online sales are out of stock. The most important thing is that their products are known internationally because of Shark Tank and social media. They expand their brand by introducing and innovating new designs.

They really developed with investment and with the help of Barbara’s mentorship because she has the knowledge of what’s going on in marketing. And most importantly their product has potential. 

Conclusion 

Bauble Stockings is known for its creativity, design, and holiday decor which converts the traditional boring Christmas stocking into fun. This was invented by the talented Kate Stewart. She comes on Shark Tank, holding her idea with her and Seeks $250,000 for 15% and gets the deal from Barbara for $250,000 in exchange for 20% equity. After a healthy negotiation she finally accepts the offer.  

Their brand has the courage to make their value and name on an international level. Because it is not just niche based it is also used for gifting purposes. So Barbara recognized their brand potential and both locked the deal in with a warm hug at the end.