Company type | Public |
---|---|
| |
Industry | Technology |
Founded | February 2011Cambridge, Massachusetts, U.S. | in
Founders |
|
Headquarters | One Montgomery Tower, San Francisco, California, U.S. |
Key people |
|
Services | Styling |
Revenue | US$1,638 million (2023) |
−US$178 million (2023) | |
−US$172 million (2023) | |
Total assets | US$614 million (2023) |
Total equity | US$247 million (2023) |
Owners | Katrina Lake (16.6%)[1] |
Number of employees | 5,860 (2023) |
Website | stitchfix |
Footnotes / references Financials as of July 29, 2023[update].[2] |
Stitch Fix 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 generated $1.6 billion in net revenue in its fiscal year 2023, a decrease of 21% year-over-year and reported 3,297,000 active clients in September 2023.[4] It is headquartered in San Francisco, California and employs 5,860 people worldwide as of July 29, 2023.[5]
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