Shein To Acquire Everlane For $100 Million
Key takeaways
- Retail Shein To Acquire Everlane For $100 Million By Clara Ludmir,
- While the transaction has not been confirmed by either party yet, Bloomberg reported that majority owner L Catterton’s board of directors approved the sale this past Saturday, making it very likely.
- Since its launch, Everlane has been a mission-driven company, built on an ethos of ethical practices, premium quality and radical transparency.
Retail Shein To Acquire Everlane For $100 Million By Clara Ludmir,
Forbes contributors publish independent expert analyses and insights. Clara covers consumer brands shaping tomorrow's retail landscape.Follow Author May 18, 2026, 11:14am EDT--:-- / --:--This voice experience is generated by AI. Learn more.This voice experience is generated by AI. Learn more.Shein to acquire a majority stake in Everlane Image generated by AIOnline fast-fashion retailer Shein is said to be acquiring Everlane, the apparel brand known for its sustainability ethos, in a deal valuing the company at $100 million, according to information shared by Reuters.
While the transaction has not been confirmed by either party yet, Bloomberg reported that majority owner L Catterton’s board of directors approved the sale this past Saturday, making it very likely. The consumer-focused private equity fund, backed by LVMH and Bernard Arnault’s family holding company, acquired a stake in 2020, when the fund led a $85 million funding round. The apparel brand was then valued at around $600 million, when it was at peak popularity.