Ador, the Seattle-based online fashion startup formerly known as Lockerz, has streamlined its staff following an acquisition earlier this year by Chinese e-commerce company LightInTheBox Holdings. The number of layoffs were not disclosed, but a spokesman for LightInTheBox tells GeekWire that the Seattle office remains open.
“LITB aims to reallocate and streamline its workforce from time-to-time to optimize production and improve operating efficiency,” the spokesman said in an email. “The original Ador team in Seattle has blended into LITB and most of its Seattle-based employees are working on a variety of LITB-related projects. There are currently job openings available for specific tasks in the company’s Seattle office that remain unfulfilled. While the company does not typically disclose the specific numbers of its US workforce, the number of employees at its Seattle office remains at levels similar to when LITB acquired Ador earlier this year.”
Prior to its acquisition, Ador/Lockerz was heavily funded. It raised more than $65 million from marquee investors such as Kleiner Perkins Caufield & Byers, former Microsoft CFO Greg Maffei; DAG Ventures, Live Nation and others.
The company was founded in 2009 by Kathy Savitt, who now serves as chief marketing officer at Yahoo. It underwent a number of layoffs and executive departures prior to its acquisition. At one point, it employed more than 70 people.
LightInTheBox is publicly-traded with a market value of $288 million. The company’s stock is off 28 percent so far this year.
Previously on GeekWire: What happened to Lockerz? Heavily-funded startup purchased by Chinese e-commerce company