Location via proxy:   [ UP ]  
[Report a bug]   [Manage cookies]                

UNLIMITED

Entrepreneur

How Stitch Fix CEO Katrina Lake Learned to Embrace Her Power

The 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.
Source: Courtesy of Stitch Fix
Courtesy of Stitch Fix

has 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, since in 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-term  — and has learned the importance of keeping her staff 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

You’re reading a preview, subscribe to read more.

More from Entrepreneur

Entrepreneur2 min read
Ivory Cocoa Products
Ismail El Khalil Founder & Chairman Côte d’Ivoire is currently witnessing one of the most remarkable sustained economic growth rates in Sub-Saharan Africa, a trend that has endured for over a decade. This robust growth is fueled by significant public
Entrepreneur2 min read
Nobody Cares What You Want…
In 2020, Just Between Friends was facing a crisis. It’s an events-based business, which meant it was hit especially hard by COVID. Meanwhile, the husband of one of its founders became seriously ill, so she needed to step back from day-to-day operatio
Entrepreneur3 min read
Want to Better Serve Your Clients? Become Them.
I thought I understood my clients’ needs. Then I started doing the same work as them—and realized how much I had to learn. It was humbling, but it also made me better at my job. Back in 2001, I cofounded an agency called Love, which designs brands, p

Related Books & Audiobooks