In order to keep thriving, retail styling service Stitch Fix may need to lean into its newer business model. DoubleLJSquared explains. WSJWhatsNow
Stay-at-home orders eventually will be lifted, but the work-from-home trend may never go out of style. That could lead consumers to break up with subscription services built to optimize their lives in the outside world.
Retail styling service Stitch Fix has met with fast success in e-commerce. Its “try before you buy” personalized styling model now serves 3.5 million clients generating almost $1.6 billion in annual revenue. But in expanding its customer base, Stitch Fix also has broadened its offering. Customers pay a styling...
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