Lulus Announces Reduction in Size of its Board of Directors
Lulu's Fashion Lounge Holdings, Inc. (LVLU)
Company Research
Source: GlobeNewswire
CHICO, Calif., Sept. 05, 2024 (GLOBE NEWSWIRE) -- Lulu’s Fashion Lounge Holdings, Inc. (“Lulus” or the “Company”) (Nasdaq: LVLU), an attainable luxury fashion brand for women, today announced changes to its Board of Directors (the "Board”), reducing the size from eleven to six members. This move is part of a calculated effort to reduce costs and streamline operations across the Company, while maintaining the Board’s commitment to operating within the best practices of corporate governance. Five directors, Michael Mardy, David McCreight, Danielle Qi, Caroline Sheu, and Kira Yugay, have voluntarily resigned from the Board, effective September 4, 2024. Following the resignations, the Board is now comprised of six directors: four independent directors, John Black (Board Chair), Dara Bazzano, Anisa Kumar, and Kelly McCarthy; one non-independent director, Evan Karp; and CEO and director Crystal Landsem. We intend for Mr. McCreight and Mr. Mardy to continue to support Lulus on a strategic
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News
- Lulu's Fashion Lounge cuts board to 6 members to cut costs, streamline business [Seeking Alpha]Seeking Alpha
- Lulu's Fashion Lounge Holdings, Inc. (NASDAQ: LVLU) had its "market perform" rating re-affirmed by analysts at Telsey Advisory Group. They now have a $2.00 price target on the stock.MarketBeat
- Lulus Reports Second Quarter 2024 Results [Yahoo! Finance]Yahoo! Finance
- Lulus Reports Second Quarter 2024 ResultsGlobeNewswire
- Lulu's Fashion Lounge Holdings, Inc. (NASDAQ: LVLU) had its price target lowered by analysts at The Goldman Sachs Group, Inc. from $1.25 to $1.00. They now have a "neutral" rating on the stock.MarketBeat
LVLU
Earnings
- 8/14/24 - Miss
LVLU
Sec Filings
- 9/13/24 - Form 144
- 9/5/24 - Form 4
- 9/5/24 - Form 4
- LVLU's page on the SEC website