Lulus 啟動戰略替代方案評估，成立特別委員會並聘請財務顧問

EX-99.1
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tm2620405d1_ex99-1.htm
EXHIBIT 99.1

 

 

Exhibit 99.1

 

 

 

Lulus Announces Review of Strategic
Alternatives

 

CHICO, Calif., July 13, 2026
(GLOBE NEWSWIRE) -- Lulu’s Fashion Lounge Holdings, Inc. (Nasdaq: LVLU) (“Lulus” or the “Company”) announced
today that its Board of Directors has formed a special committee of independent directors to evaluate strategic alternatives available
to the Company to maximize stockholder value (the "Special Committee"). These alternatives may include a possible transaction
involving the Company, as well as continued execution of the Company’s standalone strategic plan.

 

The Special Committee has retained
Solomon Partners as its financial advisor and Willkie Farr & Gallagher LLP as its legal advisor to assist in connection with the
strategic review process.

 

There is no assurance or guarantee
that the review process will lead to any strategic transaction. The Company and the Special Committee do not intend to provide updates
unless and until a specific course of action is approved and further disclosure is deemed appropriate.

 

About Lulus

 

Headquartered in California,
but serving millions of customers worldwide, Lulus is a women’s clothing brand offering modern, feminine styles at accessible prices
for every occasion. Our goal is to make every customer feel their most confident and beautiful for the moments that matter most. Founded
in 1996 and delivering fresh styles almost every day, Lulus uses direct customer feedback and insights to refine product offerings and
elevate the customer experience. Lulus’ world-class personal stylists, bridal concierge, and customer care team provide thoughtful,
personalized service to shoppers around the world. Follow @lulus on Instagram and @lulus on TikTok. Lulus is a registered trademark of
Lulu’s Fashion Lounge, LLC. All rights reserved.

 

Forward-Looking Statements

 

This press release contains “forward-looking
statements” within the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical or
current fact included in this press release are forward-looking statements, including but not limited to statements regarding the strategic
review process being conducted by the Special Committee and the potential outcomes and timing of the review process. These statements
are based on current expectations and assumptions and are neither promises nor guarantees, but involve known and unknown risks, uncertainties
and other important factors that may cause actual results to differ materially from those expressed or implied. Factors that could cause
actual results to differ include, without limitation: the possibility that the strategic review process may not result in any transaction;
the disruptive impact of the review on the Company’s business, operations, employees, and other counterparties; the timing and
structure of any potential transaction; market conditions in the Company's industry; and the risk factors discussed in Part I, Item 1A,
“Risk Factors” in Lulus’ Annual Report on Form 10-K for the fiscal year ended December 28, 2025 and our other filings
with the Securities and Exchange Commission. While Lulus may elect to update such forward-looking statements at some point in the future,
it disclaims any obligation to do so, except as required by law, even if subsequent events cause its views to change.

 

Contact

 

Corporate Communications [email protected]