Stitch Fix's Katrina Lake On The 'New Normal' In Retail

Stitch Fix's Katrina Lake On The 'New Normal' In Retail

Assessment

Interactive Video

Business

University

Hard

Created by

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The video discusses Stitch Fix's business model, its adaptation to the pandemic, and strategic changes like the introduction of Direct Buy. It covers inventory management, competition with Amazon, and the company's approach to innovation. The video also highlights Stitch Fix's expansion into the UK market, financial strategies, and company culture, emphasizing remote work and diversity.

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10 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What combination of methods does Stitch Fix use to personalize clothing selections for customers?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How did the pandemic influence the changes made to the Stitch Fix experience?

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OFF

3.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the initial concern of Stitch Fix's leadership during the pandemic?

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OFF

4.

OPEN ENDED QUESTION

3 mins • 1 pt

How has consumer behavior changed in relation to online shopping during the pandemic?

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OFF

5.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the benefits of Stitch Fix's direct buy service for customers?

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OFF

6.

OPEN ENDED QUESTION

3 mins • 1 pt

What strategic changes did Stitch Fix announce in June regarding their workforce?

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OFF

7.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges did Stitch Fix face when launching in the UK market?

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OFF

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