Lulu's Fashion Lounge Holdings, Inc 8-K, filed Jun 4, 2025
Lulu's Fashion Lounge Holdings, Inc. (LVLU)
About this 8-K
Lulu's Fashion Lounge Holdings, Inc filed this 8-K on June 4, 2025, reporting on events of May 30, 2025.
Items reported
- Item 5.02: Director or officer change, or executive pay
- Item 7.01: Regulation FD disclosure
- Item 9.01: Financial statements and exhibits
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
Current Report
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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
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Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On May 30, 2025, Tiffany R. Smith notified the Company of her decision to resign as Chief Financial Officer, effective June 30, 2025 (the “Transition Date”). Following the Transition Date, Ms. Smith will continue to serve the Company in an advisory position until the filing of the Company’s Quarterly Report on Form 10-Q for the fiscal quarter ending June 29, 2025, to ensure an orderly transition of her duties. Ms. Smith’s resignation is for personal reasons to enable her to relocate to assist a family member with significant health issues and did not arise from any disagreement on any matter relating to the operations, policies, financial results or accounting practices of the Company.
The Board of Directors of the Company (the “Board”) has initiated a search process with the assistance of a leading executive search firm to identify the Company’s next Chief Financial Officer.
In the interim, the Board has appointed Crystal Landsem to serve as the Company’s Interim Chief Financial Officer, effective as of the Transition Date, and she will hold the position of Interim Chief Financial Officer until a successor Chief Financial Officer is appointed. For avoidance of doubt, Ms. Landsem, age 41, will also continue to serve as Chief Executive Officer, a position she has held with the Company since March 6, 2023. Ms. Landsem previously served as the Company’s Chief Financial Officer from September 2015 to March 2023 and as Co-President from July 2020 to March 2023. Ms. Landsem received a Bachelor of Arts degree in Business Administration with an option in Accounting from California State University - Chico. The Board approved Ms. Landsem’s appointment as Interim Chief Financial Officer on June 3, 2025. Please see the disclosure in the Company’s Proxy Statement for the disclosure required by Item 401(d) of Regulation S-K under the heading “Director Independence” which is incorporated herein by reference.
Item 7.01. Regulation FD Disclosure.
On June 4, 2025, the Company issued a press release announcing Ms. Smith’s decision to resign, which is furnished as Exhibit 99.1 to this Current Report on Form 8-K (the “Form 8-K”).
The information contained or incorporated in this Item 7.01 of this Form 8-K is being furnished, and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.
Item 9.01 | Financial Statements and Exhibits. |
(d) Exhibits
The following exhibits are filed herewith:
Exhibit Number | Description | |
99.1 |
| Press release issued by Lulu’s Fashion Lounge Holdings, Inc. on June 4, 2025. |
104 |
| Cover Page Interactive Data File (formatted as inline XBRL). |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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| Lulu’s Fashion Lounge Holdings, Inc. | |||
Date: June 4, 2025 |
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| /s/ Crystal Landsem | |
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| Crystal Landsem | |||
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| Chief Executive Officer | |||
Exhibit 99.1
Lulus Announces CFO Transition
CHICO, Calif., June 4, 2025 -- Lulu’s Fashion Lounge Holdings, Inc. (“Lulus” or the “Company”) (Nasdaq: LVLU), the attainable luxury brand for women, today announced that Tiffany R. Smith, Chief Financial Officer, is stepping down from her role effective June 30, 2025, to attend to personal, family-related matters. This transition is not related to any disagreement regarding the Company’s financial reporting, accounting practices, or internal controls. Upon Ms. Smith’s departure, Crystal Landsem, Chief Executive Officer, will assume the responsibilities of Interim Chief Financial Officer, alongside her responsibilities as CEO, while the Board of Directors conducts a search for a permanent successor. Ms. Smith will continue to serve in an advisory position until the filing of the Company’s Quarterly Report on Form 10-Q for the fiscal quarter ending June 29, 2025, to ensure an orderly transition.
“On behalf of the entire team, I want to thank Tiffany for her significant contributions and dedication to Lulus over the last four years, and we wish her all the best in her future endeavors,” said Crystal Landsem, CEO. “I look forward to working together closely in the coming weeks to ensure a seamless transition of responsibilities, while continuing to focus on executing against our strategic priorities.”
About Lulus
Headquartered in California and serving millions of customers worldwide, Lulus is an attainable luxury fashion brand for women, offering modern, unapologetically feminine designs at accessible prices for every occasion. Our aim is to make every woman feel confident and celebrated, supporting her for all of life’s occasions, big or small – from work desk to dream date, cozying up on the couch to the spotlight of her wedding day. Founded in 1996, Lulus delivers fresh styles to consumers daily, using direct consumer feedback and insights to refine product offerings and elevate the customer experience. Lulus’ world class personal stylists, bridal concierge, and customer care team share an unwavering commitment to elevating style and quality and bring exceptional customer service and personalized shopping to customers 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.
Contact
investors@lulus.com