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8 Jan

Stitch Fix CEO Elizabeth Spaulding Steps Down, Company Cuts

Stitch Fix CEO Elizabeth Spaulding Steps Down, Company Cuts
Things have turn into a bit unstitched at Stitch Fix. Amid a slumping business, Elizabeth Spaulding has relinquished her role as the corporate’s chief executive officer and a member of the board of directors, effective Thursday. As well as, Stitch Fix said it is going to cut 20 percent of its salaried positions. Founder and former CEO Katrina Lake has been named CEO, effective Thursday, and can serve in an interim capability for six months or until her successor is appointed, unless otherwise agreed by Lake and the board of directors. “I sit up for stepping back in to steer the business and dealing closely with the board of directors to discover a successor going forward,” Lake said. “My fellow board members and...
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25 Aug

Venus Williams Teams Up With Stitch Fix For Limited

Venus Williams Teams Up With Stitch Fix For Limited
Have you ever felt awkward or a bit of anxious right before you headed into the gym? You’re not alone. 67% of US women reportedly experience anxiety when exercising in front of others—often brought on by worrisome thoughts about what others take into consideration their physique. Venus Williams recently partnered with Stitch Fix to sell her athletic apparel on their website. The athletic apparel is designed to assist boost women’s confidence while figuring out. “I teamed up with Stitch Fix earlier this 12 months to assist women tackle feelings of gymtimidation – the anxiety many individuals feel when figuring out in front of others – which their data found impacts 67% of American women,” Williams shared exclusively with Essence. “Our partnership is rooted...
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