Stitch Fix’s Mike Smith on Revenue Growth, the Amazon Threat, China 

Since going public in late 2017, Stitch Fix Inc. has had something of a tough run — with some uneven results and plenty of doubters on Wall Street. But after soaring past fiscal third-quarter expectations this week, president and chief operating officer Mike Smith was ready to take a victory lap. “The future of retail really is personalization,” Smith told WWD. “We’re showing that as we posted very good results in the backdrop of a retail market that’s very, very challenging right now.” Stitch Fix’s revenues for the quarter rose 29 percent to $408.9 million. Net income tallied $7 million, or 7 cents a share — more than twice what analysts had penciled in. And over the past year, the styling service’s active client base, or subscribers who received at least one shipment in the preceding year, jumped 17 percent to 3.1 million. Not a bad way to head into summer. WWD caught up with Smith to learn more about what drove its latest success, how the company is facing rather Amazonian competition and how it plans to deal with the threat of a trade war with China, where it does a significant amount of sourcing. WWD: What do you think are the most meaningful takeaways

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