The Business of Fashion
Agenda-setting intelligence, analysis and advice for the global fashion community.
Agenda-setting intelligence, analysis and advice for the global fashion community.
SAN FRANCISCO, United States — Apparel seller Stitch Fix Inc, which uses algorithms and experts to ship personalized clothing selections to clients, plans to cut up to 1,400 jobs in California, the Wall Street Journal reported on Monday.
Most of the layoffs will happen in September and the employees will have the option to relocate and remain with the company, according to the report.
However, the online retailer will be hiring about 2,000 stylists in Dallas, Pittsburgh, Cleveland, Minneapolis, Austin, and Texas until next year, the report added.
Stitch Fix did not immediately respond to a Reuters request for comment.
By Sanjana Shivdas; Editor: Sherry Jacob-Phillips.
Brands are using them for design tasks, in their marketing, on their e-commerce sites and in augmented-reality experiences such as virtual try-on, with more applications still emerging.
Brands including LVMH’s Fred, TAG Heuer and Prada, whose lab-grown diamond supplier Snow speaks for the first time, have all unveiled products with man-made stones as they look to technology for new creative possibilities.
Social networks are being blamed for the worrying decline in young people’s mental health. Brands may not think about the matter much, but they’re part of the content stream that keeps them hooked.
After the bag initially proved popular with Gen-Z consumers, the brand used a mix of hard numbers and qualitative data – including “shopalongs” with young customers – to make the most of its accessory’s viral moment.