A retractable light shade that saving packaging volume and thus the freight cost, is made of fabric sewn into a tubular shape with circumferences of both ends each encircled with a wire to define respectively an upper and a lower frames; multiple eyelets being provided on the upper frame and a fixation lever being disposed crossing the lower frame; and one side of the fabric shade being adhered with extension free paper to serve as a lining for the shade after the sewing work to allow the shade being compressed or stretched as desired.