How Stitch Fix CEO Katrina Lake Learned to Embrace Her PowerThe founder of the $2 billion business shares how she's grown as a leader, how she pays it forward, and how she handles bad news.
This story appears in theMarch 2020issue of狗万官方.Subscribe »
Stitch Fixhas changed the way consumers shop. The online styling brand launched in 2011, winning over female customers with personalized selections of clothing sent directly to their door. (No more mall visits!) The brand then expanded to men's and kids' clothing and, sincegoing publicin 2017, has seen annual revenue approach $2 billion. Meanwhile, founder and CEO Katrina Lake has gone through her own evolution. She's thinking about growth differently — less about speed, more about long-termsustainability的重要性,学会了保持她的圣aff updated on all news, even the bad kind. She's aware that as a young female CEO, all eyes are on her, but she's learned to pay it forward to other young founders and embrace her role in the shifting landscape of startup culture. Because with every Stitch Fix win, she knows she's helping create change.
Stitch Fix had a great 2019, increasing revenue 29 percent to $1.6 billion. Since going public in 2017, have you changed the way you approach your goals and efforts to continue improving?
Continue reading this article — and all of our other premium content with Entrepreneur+
Join the internet’s leading entrepreneur community! With your subscription you’ll get:
- Unlimited access, including premium content
- No ads
- Subscription to狗万官方magazine
- Four free e-books a year
- Subscriber-only events with our experts