Clothing & Shoes

Stitch Fix explores UK exit amid falling revenue in Q3

The company plans to refocus on its ‘styling first’ business in the US by moving to a three distribution centre network from its current five

Stitch Fix is exploring the possibility of exiting the UK market in FY23, after its net revenue decreased 20% year-over-year to $394.9m (£316.7m) in the third quarter ended 29 April.

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