Tuesday, April 13, 2021

Stitch Fix says founder Katrina Lake will step down as CEO and become executive chairwoman starting August 1, names President Elizabeth Spaulding as next CEO (Kimberly Chin/Wall Street Journal)

Kimberly Chin / Wall Street Journal:
Stitch Fix says founder Katrina Lake will step down as CEO and become executive chairwoman starting August 1, names President Elizabeth Spaulding as next CEO  —  Katrina Lake will be succeeded as chief executive by Stitch Fix President Elizabeth Spaulding  —  Stitch Fix Inc. founder …



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Sources: Shein's 2024 sales were up 19% YoY to $38B, far below the forecasts made in 2023; some investors push Shein to cut pre-IPO valuation from $66B to ~$30B (Financial Times)

Financial Times : Sources: Shein's 2024 sales were up 19% YoY to $38B, far below the forecasts made in 2023; some investors push Shei...