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Sustainability-focused clothing brand to reportedly be bought by Shein

Sustainability-focused clothing brand to reportedly be bought by Shein

Summary

The U.S. clothing brand Everlane is reportedly being sold to Shein, a Chinese company known for fast fashion. Shein has faced criticism for its business methods, and the sale may affect consumers.

Key Facts

  • Everlane is a U.S.-based clothing brand focused on sustainability.
  • Shein is a Chinese fashion company known for fast and affordable clothing.
  • Shein has been criticized for its business practices.
  • The deal to sell Everlane to Shein was first reported by Lauren Sherman from Puck Fashion.
  • The sale could have effects on customers who buy Everlane products.
  • This deal brings together a sustainable clothing brand and a fast fashion company.
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