Stitch Fix stock touches all-time low as styling service’s future growth is in doubt


Americans are getting dressed up again. But that doesn’t mean all apparel retailers are going to be beneficiaries of post-pandemic wardrobe refreshes.

“While we expected [Freestyle] to expand the company’s addressable market and drive incremental revenue, it has proven difficult to roll out without adding friction to the onboarding of new Fix customers,” said Dana Telsey, chief executive and chief research officer.

To view the full article, please click on the following link:

Visit Content