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Stitch Fix to lay off 558 in Dallas as it carries out distribution center closures

Stitch Fix to lay off 558 in Dallas as it carries out distribution center closures
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United statesMatt baerDavid aufderhaarTexas workforce commissionStitch fixFinancial officer david aufderhaar

Stitch Fix says clients are still being cautious amid expectations of falling sales

Shares of Stitch Fix fell after hours after the online styling service said it expected falling sales through the months ahead and planned to exit the U.K.

United statesMatt baerDavid aufderhaarMacy incStitch fixFinancial officer david aufderhaarArticle normalRetail wholesaleClothing retailSpecialty retailingClothing textilesConsumer goodsInternet online servicesFinancial performanceSales figuresManagement moves