For $4.99 a month, members receive shipments of clothing that are curated based on their style and fit preferences. Personal Shopper was first launched for women's clothing in July 2019. According to an Amazon spokesperson, "hundreds of thousands" of people have since set up profiles for Personal Shopper. for many wondering whether it would spell doom for Stitch Fix, the publicly traded personal styling tech company.
But analysts say that Amazon's growth into this category won't hurt Stitch Fix too much — not any more than Amazon's usual innovations do, at least. Yruma said that Amazon has done well in basics — underwear and socks, for example — and continues to make inroads in luxury fashion. This summer, for example, Amazon teamed up with Vogue and the Council of Fashion Designers of AmericaBut Yruma added that while Amazon's platform is built to understand a customer's past purchases, it's not as well suited as a traditional apparel retailer to making predictions about what trends will be on the rise in the future.
Simeon Siegel, managing director at BMO Capital Markets, noted that selling apparel purely online comes down to an "understanding that fashion needs to be sold differently than consumer electronics."
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:
Sverige Senaste nytt, Sverige Rubriker
Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.
TikTok employees describe life inside the company as its future hangs in the balance - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. 'On Sunday, September 27, the US courts issued an injunction preventing the implementation of the Executive Order'
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »
Trump's COVID-19 diagnosis could indirectly impact the cruise industry, an analyst says - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. YOU NEW to FOREX? Minimize your losses with my expert strategy with an investment capital of $300, i can guarantee $3,500 as profits after 5days of investment without sending money to anyone . Inbox me if interested. 📈
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »
Low-key, $500,000 Toyotas and Chevys sport private jet-like interiors - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. For whom? Mobsters? Ultra rich assholes? For whom? Hrmmmm
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »
How teaching hope in school may be the elusive key to success - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »
S&P 500 staring down a key technical level, Fundstrat's Tom Lee says - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web.
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »
Amazon has identified more than 19,000 COVID-19 cases among its frontline workers - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. What are you expecting? 20.000 As a AmznFulfillment employee I’m not surprised. Social distancing is impossible in their warehouses, and all too many ppl either don’t wear a mask, or they don’t wear it properly. This includes ppl in leadership. amazon JeffBezos is all about profits before ppl.
Källa: BusinessInsider - 🏆 729. / 51 Läs mer »