Clothing subscription company Stitch Fix on Tuesday will announce its first earnings report since going public in November. Zoe Henry, Reporter at Inc. Magazine, joins The Long and The Short to give her predictions on the much-anticipated event. Stitch Fix has a lot of competition in the clothing and retail industry, but Henry says she's mainly focused on user growth. When the company went public in November, it reported a customer base of 2.2 million. Henry is hoping that number can increase to show consistant interest from consumers. We also need to talk about the elephant in the room: Amazon. It launched its "Amazon Wardrobe" service this year. Henry talks about the technology and data behind these personalized wardrobe companies and how creating the right algorithm can make or break your company.

Share:
More In Business
Tech leader who navigated the internet’s 90s crash weighs in on AI
Former Cisco Systems CEO John Chambers learned all about technology’s volatile highs and lows as a veteran of the internet’s early boom days during the late 1990s and the ensuing meltdown that followed the mania. And now he is seeing potential signs of the cycle repeating with another transformative technology in artificial intelligence. Chambers is trying take some of the lessons he learned while riding a wave that turned Cisco into the world's most valuable company in 2000 before a crash hammered its stock price and apply them as an investor in AI startups. He recently discussed AI's promise and perils during an interview with The Associated Press.
Tesla sales jump after months of boycotts
Tesla reported a surprise increase in sales in the third quarter as the electric car maker likely benefited from a rush by consumers to take advantage of a $7,500 credit before it expired on Sept. 30. The company reported Thursday that sales in the three months through September rose 7% compared to the same period a year ago. The gain follows two quarters of steep declines as people turned off by CEO Elon Musk’s foray into right-wing politics avoided buying his company’s cars and even protested at some dealerships. Sales rose to 497,099 vehicles, compared with 462,890 in the same period last year.
Load More