Stitch Fix

Stitch Fix Announces New Employee Inducement Grant

Retrieved on: 
Tuesday, December 12, 2023

One fourth (25%) of the stock option and RSU will vest on June 12, 2024.

Key Points: 
  • One fourth (25%) of the stock option and RSU will vest on June 12, 2024.
  • The remaining shares subject to the option and the RSU shall vest as follows: 12.5% of the shares will vest on each of the next two quarterly vesting dates; 8.33% will vest on each of the four subsequent quarterly vesting dates, and 4.17% will vest on each of the four subsequent quarterly vesting dates, subject to Mr. Bacos’s continued service on each vesting date.
  • The stock options and RSUs were granted pursuant to, and are subject to the terms of, the Stitch Fix, Inc.
  • Amended and Restated 2019 Inducement Plan and forms of stock option and RSU agreements thereunder, which were approved by the company's board of directors in April 2022 under Rule 5635(c)(4) of the Nasdaq Global Market for equity grants to induce new employees to enter into employment with the company.

Stitch Fix Announces Date for First Quarter 2024 Earnings Release and Conference Call

Retrieved on: 
Monday, November 20, 2023

ET to discuss Stitch Fix’s financial results and outlook.

Key Points: 
  • ET to discuss Stitch Fix’s financial results and outlook.
  • The call will be hosted by Matt Baer, CEO, and David Aufderhaar, CFO.
  • A live webcast of the call will be accessible on the investor relations section of the Stitch Fix website at https://investors.stitchfix.com .
  • Upon registration, telephone participants will receive the dial-in number along with a unique PIN number that can be used to access the call.

WEX Names Sachin Dhawan New Chief Technology Officer

Retrieved on: 
Tuesday, December 12, 2023

WEX (NYSE: WEX), the global commerce platform that simplifies the business of running a business, today announced that Sachin Dhawan has been appointed Chief Technology Officer (CTO).

Key Points: 
  • WEX (NYSE: WEX), the global commerce platform that simplifies the business of running a business, today announced that Sachin Dhawan has been appointed Chief Technology Officer (CTO).
  • In this position, Mr. Dhawan will lead WEX’s global Technology Organization, including product and platform technology, architecture, cybersecurity, infrastructure and cloud engineering, technical operations, enterprise applications and Corporate IT, and technology-risk management.
  • I’m thrilled to welcome Sachin to the WEX team.”
    Previously, Mr. Dhawan worked at Stitch Fix, an online personal styling service where he served as CTO, leading product and technology development.
  • "I am honored and thrilled to be joining the remarkable team at WEX, especially at such an exciting time,” said Sachin Dhawan, WEX’s new CTO.

From Cultural Phenomenons to Trends and Styling Solutions to Combat Decision Fatigue: Stitch Fix Launches the 2024 Style Forecast

Retrieved on: 
Wednesday, December 13, 2023

The report introduces new easy to apply style formulas like the "Two Texture Technique" and the "3 Layer Rule" – that simplify getting dressed and combat decision fatigue.

Key Points: 
  • The report introduces new easy to apply style formulas like the "Two Texture Technique" and the "3 Layer Rule" – that simplify getting dressed and combat decision fatigue.
  • The report also predicts seven must-know trends to embrace in 2024, ranging from Wardrobe Builders – essential and versatile closet staples –  to Book Smart and Revival Style.
  • Each trend serves as a source of inspiration and guidance to elevate one's style in the coming year.
  • Stitch Fix Stylists created foolproof styling formulas to offer a simplified approach to getting dressed and reduce the pressure of decision fatigue.

Omnidian Appoints Minesh Shah to President, Elevating Client-Centric Strategies for Renewable Sector Growth

Retrieved on: 
Tuesday, December 5, 2023

SEATTLE, Dec. 5, 2023 /PRNewswire/ -- In a significant development for the renewable energy sector's post-installation experience, Omnidian has appointed Minesh Shah as President of the firm.

Key Points: 
  • SEATTLE, Dec. 5, 2023 /PRNewswire/ -- In a significant development for the renewable energy sector's post-installation experience, Omnidian has appointed Minesh Shah as President of the firm.
  • Minesh Shah, with a notable leadership background at brands like Tesla, Walmart.com, Stitch Fix and UNIQLO joined the Omnidian team effective November 15.
  • Speaking about his new role, Minesh Shah said: "Joining Omnidian at this crucial stage in the industry and the company's evolution is a great opportunity.
  • The appointment of Minesh as President marks a strategic step for Omnidian in fortifying the collaboration among the Product, Engineering and Operations teams.

Stitch Fix Announces Appointment of Tony Bacos as Chief Product and Technology Officer

Retrieved on: 
Monday, November 6, 2023

SAN FRANCISCO, Nov. 06, 2023 (GLOBE NEWSWIRE) -- Stitch Fix, Inc. (NASDAQ: SFIX), the leading online personal styling service, announced that Tony Bacos is joining the company today as Chief Product and Technology Officer.

Key Points: 
  • SAN FRANCISCO, Nov. 06, 2023 (GLOBE NEWSWIRE) -- Stitch Fix, Inc. (NASDAQ: SFIX), the leading online personal styling service, announced that Tony Bacos is joining the company today as Chief Product and Technology Officer.
  • Bacos will report to CEO Matt Baer and lead the Company’s technology, product, data science, security, and IT teams.
  • In this role, Bacos will drive product innovation, engineering excellence and strategies to optimize the Stitch Fix client experience and grow the business.
  • I’m excited to lead the Product & Technology team and develop new ways to advance the shopping experience and grow the business,” said Bacos.

St. Jude Children’s Research Hospital, ALSAC announce new board leaders

Retrieved on: 
Monday, October 16, 2023

Memphis, Oct. 16, 2023 (GLOBE NEWSWIRE) -- St. Jude Children’s Research Hospital ® and ALSAC , its fundraising and awareness organization, announced new leaders of the St. Jude Board of Governors and ALSAC Board of Directors today.

Key Points: 
  • Memphis, Oct. 16, 2023 (GLOBE NEWSWIRE) -- St. Jude Children’s Research Hospital ® and ALSAC , its fundraising and awareness organization, announced new leaders of the St. Jude Board of Governors and ALSAC Board of Directors today.
  • Having chaired the ALSAC Board of Directors from 2019 to 2021, she is now the first woman to have chaired both Boards.
  • “Sharon’s wise counsel and vast business experience will also be a great asset as vice chair of the ALSAC Board.
  • To learn more, visit stjude.org , read St. Jude Progress blog , and follow St. Jude on social media at @stjuderesearch .

STITCH FIX AND MONA MAY, COSTUME DESIGNER FOR TV AND FILM'S MOST ICONIC LEADING LADIES, OFFER EXCLUSIVE ACCESS TO MAIN CHARACTER CLOSETS THIS FALL

Retrieved on: 
Thursday, October 5, 2023

NEW YORK, Oct. 5, 2023 /PRNewswire/ -- Boring fall fashion? As if! Today, Stitch Fix is announcing its partnership with powerhouse Costume Designer, Mona May, the creative behind some of the '90s and '00s favorite fashion-forward films like Clueless, Never Been Kissed, and Romy & Michele's High School Reunion. 

Key Points: 
  • Beginning today, everyone can discover their own Main Character Energy and partner with Stitch Fix's squad of expert stylists to bring it to life.
  • "This is why it's been so exciting partnering with Stitch Fix, where we've had the opportunity to collaborate with a storytelling-meets-styling approach.
  • Mona has inspired our stylists with her vast experience, and together we're making it possible for our clients to easily discover their main character energy."
  • Discover your Main Character Closet, get matched with a Stitch Fix expert stylist to curate your Main Character inspired Fix and receive tips from Mona May to bring the Main Character Energy all year long.

Introducing Yaysay: The Gamified Shopping App Redefining Off-Price Retail

Retrieved on: 
Wednesday, September 27, 2023

Yaysay, launching today in Beta mode, is a first-of-its-kind shopping app that combines AI-driven personalization with gamification to transform the off-price shopping experience.

Key Points: 
  • Yaysay, launching today in Beta mode, is a first-of-its-kind shopping app that combines AI-driven personalization with gamification to transform the off-price shopping experience.
  • View the full release here: https://www.businesswire.com/news/home/20230927522989/en/
    Introducing Yaysay: The Gamified Shopping App Redefining Off-Price Retail (Photo: Business Wire)
    Founded by retail industry pioneers including two of the co-founders of Casper and executives from Gilt Groupe, and Stitch Fix, Yaysay aims to make off-price shopping an exciting 5-minute daily habit while also offering a sustainable solution for excess inventory in the retail industry.
  • “The $100B+ off-priced retail market for new goods has been relegated to offline stores until the launch of Yaysay.
  • Thanks to technological leaps in AI, supply chain technology, and mobile app development, we are finally able to bring the ‘treasure hunt’ experience online,” says Krim.

Modern Health Announces Parenting Expert Emily Oster and Television Personality Karamo As Keynote Speakers At Elevate Conference

Retrieved on: 
Tuesday, September 26, 2023

Modern Health , a leading global workplace mental health platform, today announced renowned economist, bestselling author, and parenting expert Emily Oster and Emmy-nominated television personality, culture expert, and activist Karamo as keynote speakers at its third-annual conference, Elevate , taking place virtually on October 4, 2023.

Key Points: 
  • Modern Health , a leading global workplace mental health platform, today announced renowned economist, bestselling author, and parenting expert Emily Oster and Emmy-nominated television personality, culture expert, and activist Karamo as keynote speakers at its third-annual conference, Elevate , taking place virtually on October 4, 2023.
  • We’ll discover the latest clinical research, customer case studies, future-gazing insights, and, most importantly, personal stories, learnings, and perspectives.
  • Last year, Karamo began hosting his own talk show for NBCUniversal and continues to advocate for the LGBTQI+ community and their allies.
  • I would encourage employers to think about how they can put in structures that allow parents the flexible time they need,” comments Emily Oster.