Stitch Fix has watched its active client base shrink and its losses widen since introducing Freestyle last year. The company touts its algorithm and human stylists as a team effort in what it says is ...
For the year, net revenue fell 1.4% to $2.1 billion, as net loss widened to $207.1 million from $8.9 million last year. Last year’s introduction of Freestyle — the opportunity to buy directly from its ...
Anyone doubting Stitch Fix's continued ability to dazzle its customers should look at its most recent earnings. Not only did the company blast past forecasts, it also announced a major step-change to ...
Stitch Fix markets itself as an online personal styling service, and it uses data and machine learning combined with a human personal stylist to create fashion looks for its clients. It has gone ...
In 2021, Stitch Fix also introduced Freestyle, which allows customers to shop individual items whenever they want. This was a big departure from the more rigid fix format which typically happens on a ...
I’ve written a lot about Stitch Fix, the online clothes styling company. I first tried the service 10 years ago — wow, a whole decade ago — after paying for a very expensive personal stylist to take ...
After a difficult quarter, Stitch Fix reported earnings Thursday under the pall of other tough company news: The online fashion platform just revealed new layoffs excising hundreds of staffers. The ...
Stitch Fix's (NASDAQ: SFIX) stock is sinking to new all-time lows following its fiscal 2022 fourth-quarter earnings report. The online apparel retailer's revenue declined 16% year over year to $481.9 ...