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Stitch Fix, Inc. is an online personal styling service in the United States. It uses recommendation algorithms and data science to personalize clothing items based on size, budget and style. The company was founded in 2011 and had an initial public offering in 2017 with a valuation of $1.6 billion. [ 3 ]
Stitch Fix lost $0.18 per share in its fiscal third quarter on revenue of $322.7 million, bettering Wall Street's expectations for a $0.25 per share loss on sales of $306 million.
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Today, its market capitalization sits at $6.3 billion. In January 2020, Stitch Fix brought in Elizabeth Spaulding, the global head and. Since its founding in 2011 by Katrina Lake, Stitch Fix has ...
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