LightInTheBox Holding Co., Ltd.

LightInTheBox Holding Co., Ltd. announced the appointment of Dr. Cheng Chen as an independent director, effective June 22, 2026. Dr. Chen will also join the company's audit, compensation, and corporate governance and nominating committees. He brings experience from a leading AI foundation-model company and previously served as Senior Director at Apple Inc.

LightInTheBox Holding Co., Ltd. announced the appointment of Mr. Jian He as the new Chairman of its Board of Directors. The appointment became effective on June 2, 2026. Mr. He currently also holds the position of Chief Executive Officer for the company.

LightInTheBox Holding Co., Ltd. announced the results of its extraordinary general meeting (EGM) held on May 25, 2026. Several key proposals, specifically numbers 2, 3, 4, 6, 11, and 12, were successfully passed by the shareholders. However, proposals 1, 5, 7, 8, 9, and 10 did not receive the necessary approval and were not passed.

LightInTheBox reported strong first-quarter 2026 financial results, achieving its eighth consecutive profitable quarter and a record Q1 profit of $1.2 million. Total revenues increased by 11% year-over-year to $52.0 million, marking a clear turnaround and sustained recovery. The company's branded apparel business showed significant momentum, growing over 81% year-over-year and contributing 24% to total revenue. Management expressed confidence in continued revenue and profit growth for 2026.