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Lulu's Fashion Lounge Holdings Priced, Nasdaq: LVLU

Operates an online store for women's apparel and accessories.

Industry: Technology

Latest Trade: $1.54 +0.14 (+9.7%)

First Day Return: -18.4%

Return from IPO: -91.2%

Industry: Technology

Lulus is a customer-driven, digitally-native fashion brand primarily serving Millennial and Gen Z women. We focus relentlessly on giving our customers what they want. We do this by using data coupled with human insight to deliver a curated and continuously evolving assortment of on-point, affordable luxury fashion. Our customer obsession sets the tone for everything we do, from our personalized online shopping experience to our exceptional customer service. We are focused on building authentic personal relationships with our customers and offering them coveted products they cannot purchase elsewhere. We incorporate the pulse of the consumer by engaging with her where she is: across the web, on social media and across our platform, through reviews, feedback and one-on-one interactions with our Style Advisors, Fit Experts and Bridal Concierge. Customers express their love for our brand on social media and by word-of-mouth (both in-person and online). As of October 3, 2021, we had more than 7.5 million followers, up from 5.5 million followers as of September 27, 2020, across our social media platforms where the popular #lovelulus hashtag has generated billions of impressions. Consumer surveys in 2019 and 2021 show that Lulus outperforms its peers significantly in net promoter score, customer satisfaction, overall value, and likelihood of repurchase; these metrics demonstrate our customers’ genuine affinity for our brand.
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IPO Data
IPO File Date 10/12/2021
Offer Price $16.00
Price Range $16.00 - $19.00
Offer Shares (mm) 5.8
Deal Size ($mm) $92
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 11/10/2021
Offer Price $16.00
Price Range $16.00 - $19.00
Offer Shares (mm) 5.8
Deal Size ($mm) $92
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Goldman Sachs
BofA Securities
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Company Data
Headquarters Chico, CA, United States
Founded 1996
Employees 744
Website www.lulus.com

Lulu's Fashion Lounge Holdings (LVLU) Performance