Rival clothing subscription service Stitch Fix is staking its future on private brands. Stitch Fix spent much of 2023 assessing the business in a bid to return to profitability. Stitch Fix shares have lost around 75% of their value since the company’s 2017 IPO. Write to Sabela Ojea at sabela.ojea@wsj.comView Full Image Renting Clothes Was Supposed to Be the Future of Fashion. View Full Image Renting Clothes Was Supposed to Be the Future of Fashion.

Source: Wall Street Journal January 14, 2024 15:06 UTC