How Stitch Fix Fumbled a Make-or-Break Pivot Read Now

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State AGs Launch Investigation Into TikTok’s Impact on Young Users

By Kaya Yurieff
· · Source: The Information

A bipartisan group of state attorneys general on Wednesday launched an investigation into whether TikTok is designing and operating its short-form video app in a way that harms the physical and mental health of children and teens. The eight states, including Massachusetts, California and Florida, are probing whether TikTok violated state consumer protection laws and posed public safety risks....

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How Stitch Fix Fumbled a Make-or-Break Pivot
By Malique Morris · May 16, 2022 6:05 AM PDT
Elizabeth Spaulding, CEO of Stitch Fix. Photo by Bloomberg.
Stitch Fix planned to revive sales growth by turning its original strategy on its head. Inside the company, there were warning signs that the effort would struggle. The retailer, which is best known for sending customers five-piece boxes of clothes and accessories picked out by stylists, hoped to broaden its appeal by using algorithms to recommend items for people to buy directly online. But a...
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