Shein Set To Acquire Everlane

Shein will be acquiring U.S.-based fashion brand Everlane, with the actual purchase price remaining as yet undisclosed. “This is the start of a bigger chapter for Everlane and the team behind it. [Everlane will remain] an independent brand, staying true to our longstanding brand values, sustainability commitments, and exceptional quality,” Everlane CEO Alfred Chang said (more).