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Shein Acquires Eco-Friendly Fashion Brand Everlane

Chinese fast-fashion giant Shein has agreed to acquire the US-based eco-friendly apparel retailer Everlane. The acquisition has sparked debate among customers and industry observers regarding the future of sustainable fashion.

22 May, 15:36 — 22 May, 18:06
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Sources

Showing 8 of 11 sources
ReutersVery High3d ago

Shein to buy apparel retailer Everlane - Reuters

Shein to buy apparel retailer Everlane  Reuters

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wsjHigh3d ago

Why Everlane’s Sale To Fast-Fashion Giant Shein Is Rattling Customers - WSJ

Why Everlane’s Sale To Fast-Fashion Giant Shein Is Rattling Customers  WSJ

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The GuardianMostly Factual3d ago

Chinese fast-fashion company Shein to buy eco-friendly retailer Everlane

Everlane CEO confirms sale in letter to employees and says it will stay true to ‘sustainability’ commitments Everlane, the retailer that bucked the fast-fashion industry by promising affordable ethically sourced and sustainable clothing, is being acquired by the king of fast-fashion, China’s Shein. A letter to Everlane employees from CEO Alfred Chang confirming the deal was obtained by the Associated Press on Friday. Continue reading...

By Associated Press

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NPRHigh3d ago

Shein buys Everlane, which sold millennials the dream of ethical, affordable luxury

Everlane's finances have faltered in recent years. But will the merger alienate Everlane's existing shoppers — or sway droves of Shein fans to trade up?

By Alina Selyukh

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cbcHigh3d ago

Fast-fashion brand Shein buys eco-conscious Everlane

Reports of the sale made waves online this week among fans of Everlane, who saw the sale to Shein as a reversal of the brand's commitment to climate goals and ethical manufacturing. Everlane CEO Alfred Chang said in a statement his company would remain independent and committed to sustainability and quality.

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SCMPMostly Factual3d ago

Chinese fast-fashion juggernaut Shein to buy eco-friendly Everlane

Everlane, the retailer that bucked the fast-fashion industry by promising affordable ethically sourced and sustainable clothing, is being acquired by the king of fast-fashion, China’s Shein. A letter to Everlane employees from CEO Alfred Chang confirming the deal was obtained by Associated Press on Friday. Everlane did not disclose a purchase price. Shein declined to comment. Everlane was founded in 2011 by Michael Preysman and Jesse Farmer with a mission to produce eco-friendly and affordabl...

By Associated Press

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Business InsiderMostly Factual3d ago

Shein acquiring Everlane feels like the end of the millennial sustainable fashion dream

Millennial darling Everlane was bought by Shein. Michael M. Santiago/Getty Images Millennial fashion darling Everlane was acquired by fast-fashion giant Shein. The news surprised loyal customers focused on Everlane's ethical consumption and quality. It's just one more nail in the coffin for millennial brands. When Alex Collins, 35, heard in mid-May that fast-fashion giant Shein reportedly bought sustainability darling Everlane, she thought it was a late April Fool's joke. Collins, a Midwest...

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The IndependentMostly Factual3d ago

Shein, the Chinese fast-fashion juggernaut, agrees deal to buy eco-friendly brand Everlane

Everlane had suffered financial struggles of late but its deal with the fast-fashion firm may be ‘somewhat jarring’ for its core customer base

By Anne d'Innocenzio

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