ALL STITCHED UP: Julie Bornstein, chief operating officer of the buzzy Silicon Valley company Stitch Fix, is decamping for points unknown.
“Julie Bornstein is leaving Stitch Fix in September to pursue a new challenge and we wish her the best,” a spokeswoman said. “We’re thankful for her leadership and countless contributions to our business, first as a member of our board of directors and most recently as chief operating officer. She will remain an investor and adviser to Stitch Fix, and we’re in the process of identifying a successor.”
Founder and chief executive officer Katrina Lake said Bornstein’s “energy, passion and vision for Stitch Fix were instrumental, and we’re grateful to retain her as a trusted adviser….Her leadership strengthened our organization and leaves us well-positioned for the future.”
Bornstein said: “I’ve been at the intersection of retail and technology for 17 years, and I believe Stitch Fix is a game-changer. It’s been a privilege to help build and scale this exciting business, and I’m confident Stitch Fix will continue to flourish.”
Stitch Fix uses a mix of artificial intelligence and human fashion savvy to send users a box of looks for them to try on at home.
The company generated revenues of $730 million last year, and marked its third year of profitability.