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The Independent UK

Business

Amber Raiken

Everlane — clothing company prided on sustainability — reportedly acquired by Shein for $100 million

Everlane Shein Temu United States Puck News

Fast-fashion company Shein is reportedly set to take over Everlane, an apparel brand known for its high-quality fabric and radical transparency.

According to a Sunday report shared by Puck News, Everlane is being sold to Shein by the sustainable fashion brand’s majority owner, L Catterton, for $100 million. Sources told the publication that the deal was approved Saturday.

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