Retail News

Stitch Fix finds new CEO at Amazon, earnings report beats forecast

The Wall Street Journal 12/08/2020

Stitch Fix has named Dan Jedda as its new chief financial officer. Mr. Jedda joins the personal clothing shopping service from Amazon.com where he spent 15 years in a variety of finance positions. Stitch Fix also reported that sales were up 10 percent year-over-year in the quarter ending Oct. 31, with net revenue of $490.4 million, above the $481.2 million consensus.

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