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0 0.0016094420600859 0.00373390557939921 0.00107296137339053 0.00214592274678126 0.0139484978540773 0.0107296137339055 0
Stock impact report

Affirm's Partnership With Stitch Fix is Crucial: Here's Why [Yahoo! Finance]

Stitch Fix, Inc. - Class A (SFIX) 
Last stitch fix, inc. - class a earnings: 3/9 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.stitchfix.com
Company Research Source: Yahoo! Finance
This collaboration adds Stitch Fix to Affirm's extensive global network, which includes more than 337,000 merchants as of Dec. 31, 2024. The partnership comes amid rising demand for buy now, pay later (BNPL) solutions in the fashion industry. From October to December, fashion sales through Affirm grew 20% year over year, and over the past six months, more than 45 fashion merchants joined Affirm's network. As consumers continue to seek financial flexibility, Affirm is expected to expand its partnerships with more fashion retailers. For Stitch Fix, integrating Affirm's payment plans — known for their transparency and absence of hidden or late fees — could help drive higher sales and larger order values. Following an 18.6% year-over-year decline in active clients to 2.43 million in the last reported quarter, this move will likely help attract and retain more shoppers. The partnership also benefits Affirm by increasing its Gross Merchandise Value (GMV). In the last quarter, Affirm's Show less Read more
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