One of the reasons recently IPO’d Stitch Fix became so popular among female shoppers is because of how it pairs the convenience of home try-on for clothing and accessories with a personal styling service that adapts to your tastes over time. Show More Summary
J.C. Penney has partnered with Bombfell, a subscription box service similar to that of Stitch Fix and Trunk Club.
Katrina Lake's 16.6% ownership of Stitch Fix-- which blends data science and human insight to match shoppers with clothes and accessories -- was worth just over $330 million as of Tuesday's market close.
It’s been just ten days since Stitch Fix debuted on the stock market, and it has risen almost 54 percent since that time. It’s an astonishing feat for the fashion styling business, which got off to a rough start, but quickly turned things around as it started to gain momentum by its third day of trading and soared 24 percent today, better known as “Cyber Monday.”… Read More
Over the weekend, several VCs tweeted that my headline recapping Stitch Fix’s first day of trading was too harsh. The headline read, “Stitch Fix up just 1% on first day of trading, after reducing size of IPO.” I didn’t say it “fumbled” or label it as “weak” and “disappointing” like many other media publications, but that would… Read More
Stitch Fix's CEO and cofounder, Katrina Lake, has shares worth more than $250 million following the company's IPO. However, Stitch Fix has another cofounder who has been scrubbed from its history: Erin Flynn. Flynn filed a complaintShow More Summary
Stitch Fix revised where it would price its IPO lower last night ahead of trading, and it looks like it helped approach the right sweet spot as a result when it made its debut today. The company saw around a 15% pop in its stock when...Show More Summary
Following troubles at Blue Apron and Snap, which have tumbled since going public in 2017, analysts and investors have voiced concerns about Stitch Fix's ability to stay profitable.
The online retailer is a rarity: A start-up that has been profitable. But investors will have to decide if it can compete with the e-commerce behemoth.
Fashion startup Stitch Fix priced its shares below its target range in its initial public offering due to concerns about competition and long-term growth prospects, according to people familiar with the deal.
Stitch Fix went up just 1 percent on its first day of trading. After pricing at $15, the company closed at $15.15. It’s also below the opening trade of $16.90. The company didn’t raise as much money as it had been hoping for. It raised $120 million, after pricing at $15, below the expected range of $18 to $20. Show More Summary
CEO Katrina Lake has run Stitch Fix since its founding in 2011. The company went public on Friday. The 34-year-old graduate of Stanford and Harvard was "risk-averse" as a child and initially considered becoming a doctor. Lake is theShow More Summary
Subscription box service Stitch Fix finally went public today, in what is the first—and only—female-led tech exit of 2017. Its stock is already up 13%, just hours into its first day of trading. Stitch Fix had priced its initial public offering at $15 a share and raised $120 million, putting its valuation at around $1.5 billion. Show More Summary
Stitch Fix began trading under the ticker "SFIX" on Friday. The company priced its shares at $15 apiece, and is now trading up 16.4% at $17.46. Stitch Fix is a personalized fashion service that sends a box of clothing picked for the customer by a personal stylist. Show More Summary
Stitch Fix debuted on the stock market on Friday, and while things didn't go quite as well as expected, they still went pretty smoothly. The clothing and personal styling subscription service raised $120 million in its initial public...Show More Summary
Shares of Stitch Fix Inc., an online clothing styling service, initially jumped in its stock market debut Friday but then lost most of its gains as the day continued. And the company sold fewer shares and at a lower price than it previously expected, a sign of weak demand for its initial public...
Stitch Fix, the six-year-old startup selling apparel and other goods based on "data science," rose 16% in the opening of its first day of trading on Nasdaq.
There’s been plenty of appetite for Stitch Fix’s upcoming NASDAQ listing, but concern around disappointing listings from Snap and Blue Apron may explain why the fashion e-commerce company has opted to slim down its IPO tomorrow. Stitch...Show More Summary