Stitch Fix

Stitch Fix

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Stitch Fix is a personal styling platform that delivers curated and personalized apparel and accessory items for women. Learn more

Financials

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Revenues, earnings & profits over time
USD2020202120222023202420252026
Revenues0000000000000000000000000000
% growth9 %23 %(1 %)(21 %)(20 %)1 %7 %
EBITDA0000000000000000000000000000
% EBITDA margin(2 %)(2 %)(8 %)(8 %)1 %2 %2 %
Profit0000000000000000000000000000
% profit margin(4 %)-(10 %)(10 %)(9 %)(6 %)(5 %)
EV / revenue00.0x00.0x00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x00.0x00.0x
R&D budget0000000000000000000000000000
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DateInvestorsAmountRound
investor

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Valuation: $0.0

1.9x EV/LTM Revenues

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$43.0m

Post IPO Equity
Total Funding000k

Recent News about Stitch Fix

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Stitch Fix is a personalized online styling service that leverages data and algorithms to deliver curated fashion selections to its clients. The company primarily serves busy professionals, fashion enthusiasts, and anyone looking for a convenient way to shop for clothes without the hassle of traditional shopping. Operating in the retail and fashion market, Stitch Fix aims to simplify the shopping experience by offering personalized clothing recommendations based on individual style preferences, sizes, and budget.

The business model of Stitch Fix is unique and revolves around a subscription-based service combined with direct sales. Clients start by filling out a detailed style profile, which includes their size, style preferences, and budget. Based on this information, Stitch Fix's team of stylists, supported by advanced algorithms, selects a range of clothing items and accessories tailored to each client. These items are then shipped directly to the client's home, where they can try them on at their convenience. Clients only pay for the items they choose to keep and can return the rest.

Stitch Fix makes money through a combination of a styling fee and the sale of clothing items. The styling fee is a flat rate charged for each shipment, which can be applied as a credit towards any items the client decides to purchase. Additionally, Stitch Fix benefits from the markup on the clothing and accessories it sells, similar to traditional retail models.

The company is focused on expanding its capabilities, including direct buy options where clients can purchase items directly from the website without waiting for a curated shipment. International expansion is also a key growth area, aiming to bring its unique service to a broader audience.

In summary, Stitch Fix is revolutionizing the retail fashion industry by combining personalized styling with the convenience of online shopping, supported by sophisticated data analytics.

Keywords: personalized styling, online fashion, data algorithms, subscription service, direct sales, retail market, curated selections, client convenience, international expansion, data-driven.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.

Investments by Stitch Fix

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FINERY
ACQUISITION by Stitch Fix Aug 2019