Core Insights - LightInTheBox Holding Co., Ltd. is implementing strategic initiatives to enhance its manufacturing capabilities and Direct-to-Consumer (D2C) model, aiming to maintain competitive pricing and customer satisfaction in key markets [1] Strategic Manufacturing Enhancements - The company has developed in-house manufacturing capabilities, transitioning a significant portion of its products to be produced internally, which facilitates a Manufacturer-to-Consumer (M2C) model that minimizes intermediary costs [2] Agile Inventory Management - LightInTheBox has adopted a "light inventory" strategy, shifting from bulk stocking to small-batch production, which enhances its ability to adapt to market fluctuations and respond promptly to consumer demands [3] Strengthening D2C Brand Portfolio - The company is building a robust D2C brand matrix, emphasizing "designed in California" to align with local consumer preferences and bolster brand loyalty [4] Enhancing Brand Value and Customer Engagement - LightInTheBox is focused on delivering exceptional brand value by cultivating private traffic channels, such as email marketing and social media communities, to foster a more engaged and loyal customer base [5] Company Overview - LightInTheBox is a global specialty retail company that has shifted its focus to apparel design, launching its proprietary brand Ador.com, which specializes in designer-quality clothing for women aged 35-55 at competitive prices [6]

Company Overview - LightInTheBox Holding Co., Ltd. is a global specialty retailer focusing on proprietary apparel brands and design-driven collections tailored to evolving consumer preferences [1] - The company has been providing a diverse range of affordable lifestyle products directly to consumers worldwide since 2007 [2] - In 2024, LightInTheBox launched its first proprietary brand, Ador.com, specializing in designer-quality clothing for women aged 35-55 at competitive prices [2] Financial Reporting - LightInTheBox has filed its Annual Report on Form 20-F for the fiscal year ended December 31, 2024, with the U.S. Securities and Exchange Commission [1] - An electronic copy of the annual report can be accessed on LightInTheBox's investor relations website and the SEC's website [1] - Shareholders can request a hard copy of the audited financial statements for the fiscal year ended December 31, 2024, free of charge [1] Services Offered - LightInTheBox provides a comprehensive suite of services to e-commerce companies, including advertising, supply chain management, payment processing, order fulfillment, and shipping and delivery solutions [2]

Core Viewpoint - LightInTheBox Holding Co., Ltd. has shifted its strategic focus from growth to profitability, emphasizing brand development and margin preservation in a competitive e-commerce landscape [4][6]. Financial Highlights Fourth Quarter 2024 - Total Revenues were $58 million, a 57% decrease year over year, primarily due to the focus on margin preservation [6]. - Gross Profit was $34 million, down from $75 million in the same quarter last year, but Gross Margin improved to 59% from 56% [6]. - Operating Expenses declined by 59% year over year to $33 million, with significant reductions in Fulfillment Expenses (down 50% to $4 million) and Selling and Marketing Expenses (down 65% to $23 million) [6]. - Net Income reached $0.5 million, compared to a net loss of $4.3 million in the same quarter last year [6]. - Adjusted EBITDA was an income of $1.0 million, compared to a loss of $3.3 million in the same quarter last year [6]. Full Year 2024 - Total Revenues were $255 million, a 59% decrease year over year, reflecting the strategic pivot to margin preservation [6]. - Gross Profit was $153 million, down from $360 million in 2023, while Gross Margin improved to 60% from 57% [6]. - Operating Expenses declined by 58% year over year to $156 million, with notable reductions in Fulfillment Expenses (down 46% to $19 million) and Selling and Marketing Expenses (down 63% to $112 million) [6]. - Net loss narrowed to $2.5 million, compared with $9.6 million in 2023 [6]. - Adjusted EBITDA was a loss of $0.1 million, compared with a loss of $6.3 million in 2023 [6]. Strategic Initiatives - The company has adopted a brand matrix strategy, launching two new apparel brands to cover different market segments and enhance risk resistance [8][9]. - The first brand, Ador, targets women aged 35-55, while the second focuses on female golfers aged 35 and above, creating synergies in customer profiles and marketing strategies [9][10]. - The company plans to leverage established infrastructure to launch additional brands in the future, enhancing operational efficiency [10]. CEO Commentary - The CEO emphasized that 2024 was a transformative year, focusing on profitability and strategic execution to enhance margins amid competition [4]. - Looking ahead to 2025, the company aims to maximize operational efficiency and allocate resources to new brands to strengthen design capabilities and boost brand awareness [5].

Core Viewpoint - LightInTheBox Holding Co., Ltd. has received a notice from the NYSE indicating that it is below the listing criteria due to its average total market capitalization and stockholders' equity being less than $50 million [1][2]. Group 1: NYSE Notification and Response - The company intends to remedy the deficiency and has notified the NYSE of its intention to cure the issue within the stipulated timeframe [2]. - LightInTheBox has 90 calendar days from the receipt of the notice to submit a business plan demonstrating compliance with the NYSE listing standards within 18 months [2]. - If the business plan is accepted, the company's American Depositary Shares (ADSs) will continue to be listed and traded on the NYSE, subject to semi-annual reviews [2]. Group 2: Current Compliance Status - The notice does not have an immediate impact on the listing of the company's ADSs, which will continue to be traded on the NYSE as the company is currently in compliance with all other listing standards [3]. - The NYSE notification does not affect the company's business operations or its SEC reporting requirements [3]. Group 3: Company Overview - LightInTheBox is a global online retail company that has shifted its focus to apparel design, launching its proprietary brand Ador.com to cater to the demand for accessible higher-end fashion [4]. - Ador.com specializes in designer-quality clothing for women aged 35-55 and operates design studios in the U.S. and China [4]. - The company also provides a range of services to e-commerce businesses, including advertising, supply chain management, and order fulfillment [4].

Core Points - LightInTheBox Holding Co., Ltd. will release its unaudited financial results for Q3 2024 on December 10, 2024, before U.S. market opening [1] - An earnings conference call is scheduled for 8:00 a.m. ET on December 10, 2024 [2] - Participants can preregister for the conference call to receive dial-in numbers and access details [3] Company Overview - LightInTheBox is a global online retail company that has been providing affordable lifestyle products since 2007 [5] - In 2024, the company shifted focus to apparel design and launched its proprietary brand, Ador.com, targeting women aged 35-55 with designer-quality clothing at competitive prices [5] - The company operates design studios and sample shops in the U.S. and China, including a boutique in Campbell, California [5] - LightInTheBox also offers a range of e-commerce services, including advertising, supply chain management, payment processing, order fulfillment, and shipping solutions [5]

Group 1 - LightInTheBox Holding Co., Ltd. announced that all resolutions presented at its annual general meeting on October 11, 2024, were passed [1] - The company focuses on serving middle-aged and senior customers, leveraging its global supply chain and logistics networks [2] - LightInTheBox operates through multiple websites and mobile applications available in over 20 major languages and 140 countries and regions [2] Group 2 - The company is headquartered in Singapore, with additional offices in California, Shanghai, and Beijing [2] - The full text of the resolutions can be found in the notice filed with the SEC on Form 6-K on September 11, 2024 [1]

Core Viewpoint - LightInTheBox Holding Co., Ltd. is set to hold its annual general meeting (AGM) on October 11, 2024, and will provide an audio teleconference for virtual attendance, indicating the company's commitment to shareholder engagement and transparency [1][2]. Company Overview - LightInTheBox is an apparel e-commerce retailer that serves a global customer base, focusing on middle-aged and senior consumers. The company utilizes its global supply chain and logistics networks, along with in-house research and development, to offer a diverse range of appealing apparel [3]. - The company operates through multiple platforms, including its main website and mobile applications, available in over 20 major languages across 140 countries and regions. Its headquarters is located in Singapore, with additional offices in California, Shanghai, and Beijing [3]. AGM Details - The AGM is scheduled for October 11, 2024, at 10:00 a.m. Beijing Time, and will take place at the 11th Floor, 1188 Financial Center, Shanghai, China. Participants can join via a teleconference with specific dial-in numbers provided for various regions [1][2]. - The resolutions to be voted on during the AGM are available in the notice and proxy materials on the company's website [2].

Company Overview - LITB, also known as LightInTheBox, is an online retail company that provides products directly to consumers worldwide, including custom and fast fashion apparel, accessories, home and garden products, electronics, and communication devices [2] - The company also offers logistics services to e-commerce retailers and small businesses, primarily operating in Europe, North America, and other regions [2] Financial Performance - LITB's recent financial report indicates a revenue of $69.36 million, a net profit of $623,000, earnings per share of $0.03, and a gross profit of $43.29 million [1] - The price-to-earnings ratio for LITB stands at -7.69, indicating a negative earnings outlook [1] Stock Market Activity - LITB's stock price surged by 5.26%, trading at $2.80 per share with a trading volume of 4,997 shares and a turnover rate of 0.03% [1] - In the broader internet retail sector, which experienced an overall decline of 0.42%, notable gainers included Oriental Culture, Mogu Inc., and Ipower Inc. [1] - Active stocks in the sector included Jowell Global, JD.com, and Dada Nexus, with turnover rates of 7.56%, 2.80%, and 2.58% respectively [1] - Stocks with significant price amplitude included Jowell Global (33.47%), Linkage Global Inc (18.50%), and Ipower Inc (18.45%) [1]

Core Viewpoint - LightInTheBox Holding Co., Ltd. will hold its annual general meeting of shareholders on October 11, 2024, in Shanghai, China, to consider resolutions outlined in the AGM Notice [1] Group 1: AGM Details - The AGM will take place at 10:00 a.m. local time at the 11th Floor, 1188 Financial Center, Shanghai [1] - The record date for determining shareholders entitled to attend and vote at the AGM is set for September 23, 2024 [2] - Shareholders holding ordinary shares at the close of business on the record date are eligible to vote at the AGM [2] Group 2: Financial Reporting - The company filed its annual report on Form 20-F, including audited financial statements for the fiscal year ended December 31, 2023, with the SEC on March 28, 2024 [3] - The annual report can be accessed on the company's website and the SEC's website [3] Group 3: Company Overview - LightInTheBox is an apparel e-commerce retailer focused on middle-aged and senior customers, leveraging a global supply chain and logistics network [4] - The company operates through multiple websites and mobile applications available in over 20 major languages across 140 countries and regions [4] - LightInTheBox is headquartered in Singapore, with additional offices in California, Shanghai, and Beijing [4]

Core Viewpoint - LightInTheBox Holding Co., Ltd. will hold its annual general meeting of shareholders in October 2024 to consider the adoption of amended articles of association, specifically to remove special voting rights of certain shareholders [1] Company Overview - LightInTheBox is an apparel e-commerce retailer that serves middle-aged and senior customers, utilizing a global supply chain and logistics network [2] - The company operates multiple websites and mobile applications available in over 20 major languages across 140 countries and regions [2] - LightInTheBox is headquartered in Singapore, with additional offices in California, Shanghai, and Beijing [2]