Chris Phillips is leaving the subscription-based styling platform to become CEO of online-based menswear brand Mizzen+Main, known for its moisture-wicking and wrinkle-free shirts.
Chris Phillips, the head of men's and kids' clothing at Stitch Fix, is leaving the subscription-based styling platform to become CEO of online-based menswear brand Mizzen+Main, known for its moisture-wicking and wrinkle-free shirts, CNBC has learned.
Mizzen+Main is one of a growing list of companies going from clicks to bricks. Companies born on the internet like furniture retailer Wayfair are now investing in stores. Other brands, including men's activewear company Rhone and shoemaker M.Gemi, are looking to open stores as the internet becomes a more expensive channel to acquire customers, and Facebook ad prices are on the rise.
"If a guy has the best-fitting dress shirt, that will pay dividends for the long haul," he added."The seeds have been planted for us to grow something special here."
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