Stitch Fix
Stage
IPO | IPOTotal Raised
$46.75MDate of IPO
11/17/2017Market Cap
0.44BStock Price
3.93Revenue
$0000About Stitch Fix
Stitch Fix is a personal styling service that delivers a personalized Fix of accessibly priced items directly to doors across the United States. Stitch Fix hand picks pieces for each client, to ultimately help them look and feel their best. Stitch Fix works with over 200 brands, from up-and-coming labels to more established designers.
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Research containing Stitch Fix
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CB Insights Intelligence Analysts have mentioned Stitch Fix in 1 CB Insights research brief, most recently on Jun 25, 2020.
Expert Collections containing Stitch Fix
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Stitch Fix is included in 1 Expert Collection, including E-Commerce.
E-Commerce
10,711 items
Stitch Fix Patents
Stitch Fix has filed 20 patents.
The 3 most popular patent topics include:
- Machine learning
- Artificial intelligence
- Recommender systems
Application Date | Grant Date | Title | Related Topics | Status |
|---|---|---|---|---|
4/9/2021 | 7/12/2022 | Body shape, Educational psychology, Bioinformatics, Psychometrics, Learning | Grant |
Application Date | 4/9/2021 |
|---|---|
Grant Date | 7/12/2022 |
Title | |
Related Topics | Body shape, Educational psychology, Bioinformatics, Psychometrics, Learning |
Status | Grant |
Latest Stitch Fix News
Mar 8, 2023
But equally or perhaps even more significant is the revelation that chief financial officer Dan Jedda will follow Spaulding, founder Katrina Lake’s successor, out the door. The CEO’s departure was revealed in January, as the company looked to more employment surgery: After cutting staffing last year, the company aimed to stave off the financial bleed by eliminating 20 percent of salaried positions and shuttering its Salt Lake City warehouse. Last year, Stitch Fix chalked up its woes to two factors: The company’s Freestyle direct-buy business clearly didn’t take off the way it hoped, but it also blamed heavy discounting by apparel retailers. Stores were looking to rid excess inventory, as consumer spending locked onto rising food and energy costs. None of that has changed, and even with Lake temporarily stepping back in at the helm, it doesn’t appear that will make a meaningful difference. The company issued weak guidance for the third quarter, with revenue projected between $385 million and $395 million. That means only the very upper end of the range could possibly meet analysts’ expectation of $394 million. Sales for the full fiscal year, which ends on July 29, doesn’t look any better. Executives peg that it will come in between $1.625 billion to $1.645 billion, which would be shy of the $1.647 billion estimated. Wall Street made its disappointment known, sending shares down more than 4 percent in after-hours trading. As for Jedda, he will remain until April 3, giving David Aufderhaar, senior vice president of finance, roughly a one-month transition period. Tags
Stitch Fix Frequently Asked Questions (FAQ)
Where is Stitch Fix's headquarters?
Stitch Fix's headquarters is located at 1 Montgomery Street, San Francisco.
What is Stitch Fix's latest funding round?
Stitch Fix's latest funding round is IPO.
How much did Stitch Fix raise?
Stitch Fix raised a total of $46.75M.
Who are the investors of Stitch Fix?
Investors of Stitch Fix include Baseline Ventures, Benchmark, Lightspeed Venture Partners and Western Technology Investment.
Who are Stitch Fix's competitors?
Competitors of Stitch Fix include The PS Collective, Lookiero, Kidbox, Wantable, Dia & Co and 7 more.
Compare Stitch Fix to Competitors
Allume operates as an e-commerce mobile application platform. It provides an online, on-demand personal shopper to help women shop online. It enables women to find appropriate clothing and feel confident in their styling choices. It was founded in 2016 and is based in Redwood City, California.
Wantable is a subscription-box retailer that offers customers a monthly box of fashion, perfume, and makeup.
Dia & Co provides online personal styling and plus size clothing for women. It offers apparel products such as jumpsuits, maxi, bridesmaid dresses, and more. The company was founded in 2015 and is based in New York, New York.
Shop It To Me aims to send its users clothing that matches their size and brand preferences as soon as it goes on sale. Shop It To Me Running Shop It To Me Running's goal is to allow users to find out when their favorite running shoe models and running gear go on sale. Shop It To Me Reviews Although the reviews vary person to person, here are some common remarks made by Shop It To Me users: Shop It To Me is very easy to use and the service is free Returning items is a straight forward process Not all stores are covered and without the bargains, most of the stores are quite expensive
Trendy Butler delivers a men's fashion subscription box service via arrangements with manufacturers. Its technology personally caters to each user’s style preferences, sizes, and overall personality. It was founded in 2014 and is based in West Hollywood, California.
Man Crates designs gift collections and opening experiences. It works in small teams to build innovative ways to delight our customers. It was founded in 2012 and is based in San Mateo, California.
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