In this exclusive interview, the cofounder of one of 2018’s World’s Most Innovative Companies shares her insights on breaking through in retail. Fast Company: You launched three new services over the past year: Stitch Fix for men; premium brands, which brings higher-end lines like Rag & Bone and Theory into your assortment; and plus sizes. Show More Summary
How she went from "unqualified" to business mogul.
After giving investors a fright following its first earnings release as a public company, shares of Stitch Fix are soaring.
Stitch Fix’s first earnings report is not going well for the company, as its shares went into a tailspin after a significant run up over the past month following its IPO when it delivered its results its most recent fiscal quarter. Stitch...Show More Summary
Stitch Fix, the online service that picks out wardrobes for you, fell over 8% in late trading, as its quarterly revenue was just slightly higher than expected, and its profit came up a penny short. It was the company's first public report since its stock debut on November 17th.
Stitch Health is a startup that's trying to help doctors communicate better about their patients. The company, which officially launched Monday, raised an undisclosed amount in its series A, which was led by Benchmark Capital. The first...Show More Summary
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