SINGAPORE, June 16,
2023 /PRNewswire/ -- LightInTheBox Holding Co., Ltd.
(NYSE: LITB) ("LightInTheBox" or the "Company"), an apparel
e-commerce retailer that ships products to consumers worldwide,
announced today that it has been named one of Kantar and Google's
Top 50 Kantar BrandZ Chinese Global Brand Builders for 2023, with
its ranking rising to 46th this year compared with last
year.
The Top 50 Kantar BrandZ Chinese Global Brand Builders list is
one of the most influential brand rankings in Asia and other international markets,
measuring how consumers perceive and value Chinese companies across
the world. The 2023 rankings are based on research that surveyed
consumers in 11 global markets and compared 234 candidate brands
across 15 categories with brands in local markets.
"We are honored to be among this year's Top 50 Kantar BrandZ
Chinese Global Brand Builders," commented Mr. Jian He, Chairman and CEO of LightInTheBox. "In
particular, we have been included on the list for several years.
This recognition validates our ability to build and expand our
brand power, especially among overseas customers. We will continue
to focus on improving the customer experience, strengthening our
brand awareness, and earning trust among more customers."
About LightInTheBox Holding Co., Ltd.
LightInTheBox is an apparel e-commerce retailer that ships
products to consumers worldwide. With a focus on serving
middle-aged and senior customers, LightInTheBox leverages its
global supply chain and logistics networks, along with its in-house
R&D and design capabilities to offer a wide selection of
comfortable, aesthetically pleasing and visually interesting
apparel that brings fresh joy to customers. LightInTheBox operates
its business through www.lightinthebox.com, www.miniinthebox.com,
www.ezbuy.sg and other websites, as well as mobile applications
that are available in more than 20 major languages and 140
countries and regions. The Company is headquartered in Singapore, with additional offices in
California, Shanghai, and Beijing.
For more information, please visit www.lightinthebox.com.
Forward-Looking Statements
This announcement contains forward-looking statements. These
statements are made under the "safe harbor" provisions of the U.S.
Private Securities Litigation Reform Act of 1995. These
forward-looking statements can be identified by terminology such as
"will," "expects," "anticipates," "future," "intends," "plans,"
"believes," "estimates," "potential," "continue," "ongoing,"
"targets" and similar statements. Among other things, statements
that are not historical facts, including statements about
LightInTheBox's beliefs and expectations, its business outlook, and
quotations from management in this announcement, as well as
LightInTheBox's strategic and operational plans, are or contain
forward-looking statements.
LightInTheBox may also make written or oral forward-looking
statements in its periodic reports to the U.S. Securities and
Exchange Commission (the "SEC"), in press releases and other
written materials, and in oral statements made by its officers,
directors or employees to third parties. Forward-looking statements
involve inherent risks and uncertainties. A number of factors could
cause actual results to differ materially from those contained in
any forward-looking statement, including but not limited to the
following: LightInTheBox's goals and strategies; LightInTheBox's
future business developments, results of operations and financial
condition; the expected growth of the global online retail market;
LightInTheBox's ability to attract customers and further enhance
its customer experience and product offerings; LightInTheBox's
ability to strengthen its supply chain efficiency and optimize its
logistics network; LightInTheBox's expectations regarding demand
for and market acceptance of its products; competition;
fluctuations in general economic and business conditions and
assumptions underlying or related to any of the foregoing. Further
information regarding these and other risks is included in
LightInTheBox's filings with the SEC. All information provided in
this press release and in the attachments is as of the date of this
press release, and LightInTheBox does not undertake any obligation
to update any forward-looking statements, except as required under
applicable law.
Investor Relations Contact
Investor Relations
LightInTheBox Holding Co., Ltd.
Email: ir@lightinthebox.com
Jenny Cai
Piacente Financial Communications
Email: lightinthebox@tpg-ir.com
Brandi Piacente
Piacente Financial Communications
Tel: +1-212-481-2050
Email: lightinthebox@tpg-ir.com
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SOURCE LightInTheBox Holding Co., Ltd.