Fashion News And Marketing Strategy

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Stitch Fix files for IPO

  • Posted by Admin on October 21, 2017

Stitch Fix, Inc., an online personalized styling service, has announced they have filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission relating to a proposed initial public offering of shares of its Class A common stock. The number of shares to be offered and the price range for the proposed offering have not yet been determined. Stitch Fix intends to list its Class A common stock on the NASDAQ under the ticker symbol “SFIX.”

Goldman Sachs & Co. LLC and J.P. Morgan Securities LLC will act as lead joint book-running managers for the offering, Barclays Capital Inc. and RBC Capital Markets, LLC will act as book-running managers for the offering and Piper Jaffray & Co., Stifel, Nicolaus & Company, Incorporated and William Blair & Company, L.L.C. will act as co-managers for the offering.

The offering will be made only by means of a prospectus.

Founded in 2011 by Katrina Lake, StitchFix delivers one-to-one personalization services through the combination of data science and human judgment. Today, the company employs more than 5800 people worldwide.

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