NEW YORK, Nov. 17, 2017 -- Stitch Fix, Inc. (Nasdaq:SFIX), the online personalized styling service that is reinventing the shopping experience using an innovative combination of data science and human judgment, rang the opening bell at the Nasdaq MarketSite in Times Square today. The event took place in celebration of Stitch Fix’s initial public offering (IPO) on The Nasdaq Stock Market.
Photos accompanying this announcement are available at
http://www.globenewswire.com/NewsRoom/AttachmentNg/01992e07-64a9-4174-aeaa-c45f35dc5023
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Since 2011, Stitch Fix has helped millions of clients discover and buy what they love through personalized shipments of apparel, shoes and accessories, hand-selected by Stitch Fix stylists and delivered to their homes. The company was founded with a focus on women’s apparel, but has since expanded its capabilities to accommodate Petite, Maternity, Men’s, and Plus apparel, as well as shoes and accessories. Its stylists leverage data science and apply their own judgment to hand select apparel, shoes and accessories for their clients from a broad selection of merchandise.
“At Stitch Fix, we have created a much better way to shop for apparel,” said Katrina Lake, Founder and CEO, Stitch Fix. “Every day we help millions of people find what they love, and our success is inextricably linked to our personalization capabilities, enabled by a unique combination of data science and human judgement. Our approach is redefining retail, one Fix and one personal client relationship at a time. This is just the beginning for Stitch Fix; we have so much opportunity ahead.”
“Stitch Fix is a disruptor in the retail space with its technology-enabled styling service that brings a personalized shopping experience to their millions of customers,” said Adena Friedman, President and Chief Executive Officer, Nasdaq. “We are extremely proud to welcome them to our family of the world’s most innovative companies and be a part of their continued success.”
The information contained above is provided for informational and educational purposes only, and nothing contained herein should be construed as investment advice, either on behalf of a particular security or an overall investment strategy. Information about the company is provided by the company or comes from the company’s public filings and is not independently verified by Nasdaq. Neither Nasdaq nor any of its affiliates makes any recommendation to buy or sell any security or any representation about the financial condition of any company. Statements regarding Nasdaq-listed companies are not guarantees of future performance. Actual results may differ materially from those expressed or implied. Past performance is not indicative of future results. Investors should undertake their own due diligence and carefully evaluate companies before investing. ADVICE FROM A SECURITIES PROFESSIONAL IS STRONGLY ADVISED.
About Nasdaq
Nasdaq (Nasdaq:NDAQ) is a leading global provider of trading, clearing, exchange technology, listing, information and public company services. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 90 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to approximately 3,900 total listings with a market value of approximately $12 trillion. To learn more, visit: http://business.nasdaq.com
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