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Stitch Fix ‘Excited’ About Fashion Resale

With pent-up demand, speed to market has never been more important. But port congestion, tariff impacts, the Uyghur crackdown and Covid uncertainty is making it difficult to restock the racks. Join Sourcing Journal on July 8 at 2 pm ET to learn how to sidestep the worst of the logistics roadblocks.

Stitch Fix generated third-quarter revenue of $535.6 million, an increase of 44 percent year over year and out in front of Refinitiv estimates of $511 million, sending the company’s shares up 16 percent in after-hours trading. The online personal stylist service and retailer narrowed net losses to $18.8 million from $33.9 million in last year’s…

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