- Since the start of 2020, Stitch Fix's CFO, President & COO, and founder & CEO have all left the company.
- The founder & CEO, Katrina Lake, announced her resignation despite this recent turnover and the firm's recent poor performance.
- Stitch Fix has weak web traffic according to Alexa and a low iOS App Store ranking in the shopping category.
- ThredUP also offers curated clothing boxes. The items are cheaper than in Stitch Fix's boxes because the items are used.
- Snap acquired a company that uses machine learning to find clothes that fit shoppers. Snap has much more users than Stitch Fix.
For further details see:
Management At Stitch Fix Flee The Sinking Ship