盗U授权检测工具|【唯一TG:@heimifeng8】|飞机盗号系统源码✨谷歌搜索留痕排名,史上最强SEO技术,20年谷歌SEO经验大佬✨Stitch Fix debuts IPO, hits $120m
Benjamin Fitzgerald
Erin Floyd Published
November 20, 2025
Styling service Stitch Fix debuted its initial public on Friday, ending with a lacklustre result by close of day, as analysts and industry experts expected more from the buzzy US firm's performance.
Under the Nasdaq ticker SFIX, the San Francisco-based company disappointed analysts from the get go when it priced its shares at $15 each in its IPO, below the $18 to $20 it had projected.
At the start of trade on Friday, SFIX share prices hit $18.53, up as much as 23.5 percent, well exceeding the company's initial public offering price of $15. However, by close of day on Friday, investors had cut back the stock's value to $15.15, an increase of just 1 per cent for the firm.
By close of trade, the styling service had sold 8 million shares, immediately raising $120 million. A figure the firm will be pleased with, considering it surpassed the $100 million it had pegged as a preliminary amount back in October when it announced the IPO plans.
The IPO left the company with a market capitalisation of $1.46 billion. Before the IPO, Stitch Fix had raised only $42.5 million.
Similar to a subscription-box model, Stitch Fix offers a personalised styling service that allows customers to receive curated selection of five items, whereby they can choose to keep or return items and receive a reimbursement. The only cost is a $20 shipping fee.
The website uses recommendations based on a series of tech algorithms and the suggestions of a remote stylist, including the customer’s previous preferences; popular items with similar customer profiles; budget and size. The business model has been a winner amongst its time-poor, style-conscious demographic, recording 2.2 million active users with a repeat order rate of 86%.
Founded by entrepreneur Katrina Lake in 2011, Stitch Fix recorded annual sales of $977.1 million in the fiscal year ended July 29, up from $730 million in 2025, and from $73 million in 2025. However, company growth was down from 113% in 2025 to 34% over the last fiscal year, accompanied by a loss of $594,000.
Moving forward, Stitch Fix is still a fledgling in a fierce e-commerce market and also has to face off against Amazon’s recently launched Prime Wardrobe service, aimed at a clientele similar to that of the start-up company.