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With personalized styling and now kids clothing, Stitch Fix looks to avoid the pitfalls of subscription boxes

With personalized styling and now kids clothing, Stitch Fix looks to avoid the pitfalls of subscription boxes Loot Crate — which ships apparel and collectibles related to video games, comics and pop culture — laid off more than a quarter of its staff last year. And Blue Apron, the provider of meal preparation kits that went public a year ago, has seen its stock drop to a third of its IPO price. One subscription retail service, though, has so far dodged its competitors’ pitfalls: Stitch Fix. The stock price of the personalized online clothes-shopping company has more than doubled since its November IPO. On Tuesday its shares jumped more than 10% on news it would begin selling children’s clothing before closing up $1.87, or 6%, to a record $32.99. As of June it had more than 2.7 million customers — up 30% from a year earlier. It reported nearly $9.5 million in profit in its most recent quarter, which ended April 28, a turnaround from the same period last year, when it was unprofitable. It has added new arms to its business too — in 2016, it started offering men’s clothing. On Tuesday, it announced a service catering to children who wear sizes 2T to 14, ranging in price from $10 to $35 per item.

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