Fast fashion giant SHEIN acquires U.S. fashion brand Everlane

Reports say SHEIN has agreed to buy U.S. apparel brand Everlane for about $100 million.

Everlane had struggled financially, with roughly $90 million in debt as of March 2026 and a search for new investors.

The board has reportedly approved the sale, pending completion of the deal.

The acquisition brings together a fast-fashion giant and a brand known for sustainability and transparency, which may spark backlash over identity and values.