Lulu's Fashion Lounge Holdings said its board formed a special committee to evaluate strategic alternatives for the online retailer to maximize stockholder value.
The alternatives could include a possible transaction involving Lulu's as well as the continued execution of the company's standalone strategic plan, the company said.
Lulu's said the special committee retained Solomon Partners as its financial adviser and Willkie Farr & Gallagher as its legal advisor to assist with the review process.
There is no guarantee that the review will lead to any strategic transaction and the company said it plans to only provide updates if a specific course of action is approved.
Write to Grace Yoon at grace.yoon@wsj.com
(END) Dow Jones Newswires
July 13, 2026 16:27 ET (20:27 GMT)
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