r/stitchfix

Updates for Getting Payment on the Rivian $250 million Settlement
▲ 18 r/stitchfix+15 crossposts

Updates for Getting Payment on the Rivian $250 million Settlement

Hey guys, if you missed it, Rivian settled $250 million with investors over claims that it failed to disclose the true cost of producing its vehicles. And, I just found out that they’re accepting claims even though the deadline has passed.

Quick recap: In 2022, Rivian was accused of misleading investors about its vehicle pricing and production costs. In short, the company promoted its R1T pickup and R1S SUV as competitively priced electric vehicles, but investors later alleged that Rivian was losing substantial amounts of money on each vehicle sold and failed to clearly disclose how severe the cost gap was. As supply-chain issues and material costs increased, Rivian announced major price hikes that sparked customer backlash and raised concerns about the company’s financial outlook.

Now, the good news is that the company agreed to settle $250 million with them, and even though the deadline has passed recently, they’re accepting late claims.

So, if you invested in $RIVN when all of this happened, you can still check the details and file your claim here.

Anyway, has anyone here invested in $RIVN at that time? How much were your losses, if so?

u/11thestate — 3 days ago

email from stitch fix... AI or just bad english?

I hope this email finds you well. Your stylist is looking at your feedback and let us know that you were disappointment with the recent Fix you received . I'm sorry to hear that the items seen in your Fix Preview didn’t line up with your requests. I'm here to make this right. 

I went ahead and noted on your account all your concerns that you want to receive items that would look good on you and fit you the best by complimenting jeans you wanted to try. I want to reassure you that your stylist cares about your request note and they always want to find you pieces that you're looking for.

reddit.com
u/Silly-Good-2530 — 6 days ago

YouTube Unboxings - rant

anybody else enjoy watching StitchFix unboxings on YouTube? I waste so much time doing this. even episodes that are years old. I watch. The best part is when they show the bundle - From Both Sides!!

A few of the consistent youtubers have my same measurements so it allows me to see how things would fit on me. typicality it's a more accurate representation than the Stirch fix vision AI is doing at this point.

But the YouTubers who tear into the brown paper without showing the bundle - total party fail.

reddit.com
u/saltcreature — 10 days ago

Shipping BOLO

Hi! I just wanted to take the time to share a recent experience. Let me start by saying customer service handled it, BUT it could be a bad situation for a lot of people.

I have my routine of getting my fix, packing up my returns, sticking the USPS label on, and dropping it off.

Most recently I put the label on and sent it back to USPS. I typically put it in their basket for returns or someone's hands.

A couple of days later I started getting the "return your fix" emails. I responded I did, etc.

Emails keep coming.

Couple of days ago I wake up to a charge of +$200 on my account (including the 25% off for the whole fix discount, lol)

I emailed them inquiring about my charges.

It turns out the label was for FedEx and not USPS. It's definitely MY FAULT for not looking at the details on the label. But ive been doing the same thing for years. They emailed me back explaining they couldn't see it in USPS system, but fedex only and the system doesn't pick up on that but it was in fact safe and sound with them.

Sucks to have the $200+ missing from my account for a week or so and I wish the system would see all the different return options, but from now on I'll be exactly diligent with my labeling.

Hopefully this helps someone!

reddit.com
u/rareogre83 — 14 days ago