Stitch Fix reported FQ2’21 (to Jan. 31) revenues which expanded by 11.5% year over year as the online apparel retailer experienced improved customer numbers but falling spending per customer. The latter can be seen in U.S. seaborne imports linked to the firm which fell by 2.9% year over year in Q4’20 and by 13.9% in the first two months of 2021. The firm has managed to avoid the port congestion issues that have beset other apparel retailers, though CFO Dan Jedda has noted the firm experienced “higher shipping costs” particularly within the U.S. Stitch Fix has a...