The San Francisco-based online styling service posted higher than expected revenue and a narrower than expected loss for the first quarter on Tuesday, but left analysts less than satisfied with its financial guidance.
UK heritage brand Peregrine has just opened a standalone space in London’s Selfridges — on the menswear floor — with the debut following its opening a few months ago on Regent Street, also in London’s West End.
Fashion rental company Rent the Runway on Monday made public its paperwork for a U.S. stock market flotation, joining a bunch of retailers looking to cash in on the record boom in capital markets since last year.
The San Francisco-based online styling service reported net revenue of $571.2 million for the fourth quarter on Tuesday and also announced the launch of its new Stitch Fix Freestyle shopping experience.
The subscription box market continues to grow with a new report from Royal Mail saying that the market should be worth £1.8bn by 2025. That comes as it doubled by 2020 compared to 2017 with spend of almost £1.4bn