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Stitch Fix founder steps down as CEO, successor announced

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Image: Stitch Fix

US online styling service Stitch Fix has announced its founder Katrina
Lake will step down from her role as CEO and transition to the role of
executive chairperson of the board, effective August 1.

Stitch Fix said Lake will remain “closely connected” to the company. As
well as her role as executive chair she will work closely on the company’s
“social impact efforts, in particular the intersection between
sustainability and technology in apparel retail”.

She will also continue her work with the brand and merchandising
partnerships and remain closely connected with the leadership team, the
company said.

Stitch Fix president Elizabeth Spaulding will succeed Lake at the helm
of the company. In her current role, Spaulding has been working on “the
expansion of the next generation of consumer shopping experiences”, as well
as inventory management innovations and international expansion efforts.

Before joining Stitch Fix, Spaulding spent more than 20 years at
management consultancy company Bain & Company where she was a partner,
served on the board of directors and was global head and founder of the
Digital Practice.

Stitch Fix president to become CEO

In an email shared with the company, outgoing CEO Lake said: “In
founding Stitch Fix, I was inspired by a very human problem, to help people
look and feel their best by finding clothes they love. Ten years into this
journey, I’m even more inspired by this simple mission, proud of the way
we’ve delivered against it, and incredibly optimistic about our future.

“The impact Elizabeth has already had, combined with the compelling
future vision she’s mapped out and is leading us toward, make this the
right time for a leadership transition that will usher in the next
generation for Stitch Fix, for our business, our people and our
clients.”

Lake has been at the helm of the company since establishing it back in
2011 when she was a Harvard Business School student. In 2017, she took the
company public. Today, Stitch Fix has annual revenue of 1.7 billion
dollars, serves nearly 4 million clients across the US and UK, and employs
8,000 people.

Incoming CEO Spaulding said: “I am so grateful to Katrina and the board
for the opportunity to take Stitch Fix on the next phase of its journey.
The opportunity that we have ahead of us at Stitch Fix is extraordinary and
grounded in Katrina’s vision and last 10 years of building personalization
at scale.

“We are creating experiences that will change the way people shop for
generations to come. Given the seismic shift of apparel moving online,
Stitch Fix is incredibly well-positioned to become one of the most
innovative and most transformative companies in the world. And, we can do
it all with a deep commitment to bringing joy, inspiration and convenience
to all of our clients around the world.”

Image: Stitch Fix

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Fashion

Video: Anne Barge SS22 collection

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Video: Anne Barge SS22 collection

In this video, fashion label Anne Barge has presented its SS22
collection at New York Bridal Fashion Week (NYFW).

Watch the video below.

Do you want to see more clothing collections? Click here to view the FashionUnited Marketplace.

Video: VRAI Magazine via YouTube

Photo credit: VRAI Magazine, YouTube

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Fila collaborates with Flock Together initiative on capsule

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Image: Fila x LN-CC x Flock Together
Image: Fila x LN-CC x Flock Together

Sportswear label Fila has unveiled a collaboration with birdwatching initiative Flock Together in the form of an apparel and footwear capsule, to be exclusively sold through LN-CC.

In a range of hike-wear gear made for urban exploring, the collection intends to bring people into nature and engage with their community. The selection includes a reinvented version of the Fila Trailblazer hiking shoe and two shearling fleece designs.

The colourways of the line are inspired by the Kingfisher bird, with a scannable near field communication (NFC) tag present in the hiking shoe that takes buyers to a dedicated page outlining the best places in the UK to spot a Kingfisher.

Image: Fila x LN-CC x Flock Together
Image: Fila x LN-CC x Flock Together

15 percent of all sales of the collection will go towards the Flock Together community fund.

Buying and creative director at LN-CC, Reece Crisp, expressed his enthusiasm over the collaboration in a release, stating: “We’re super excited for LN-CC to be part of this project.

“Flock Together encompasses everything that’s great about community and wellness, two driving forces that are integral to LN-CC too.

“Flock Together’s growth has been both a reaction to, and antidote from, a difficult eighteen months by bringing people together and encouraging outdoor consciousness, so we are honoured to share our platform in amplifying its much-needed positivity while working with Fila in creating this tribute to the Kingfisher.”

Flock Together, founded back in the 2020 covid-19 lockdowns, brings BIPOC together to engage in birdwatching and other nature-oriented activities.

It has previously partnered on an event with Timberland, hosting a range of spoken word presentations at the nature reserve, Woodbury Wetlands. Sponsored by the apparel label, the event aimed to promote the voices in its growing community adjacent to guiding guests through the nature reserve.

Image: Fila x LN-CC x Flock Together
Image: Fila x LN-CC x Flock Together
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Fashion

Video: Jenny Yoo SS22 collection

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Video: Jenny Yoo SS22 collection

In this video, fashion label Jenny Yoo has presented its SS22 collection
at New York Bridal Fashion Week (NYFW).

Watch the video below.

Do you want to see more clothing collections? Click here to view the FashionUnited Marketplace.

Video: Jenny Yoo via YouTube

Photo credit: Jenny Yoo, YouTube

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