Shein strikes deal to acquire US clothing retailer Everlane
Key takeaways
- Everlane chief executive Alfred Chang, who took the helm in 2024, disclosed the transaction in a letter to employees.
- “Like many brands, we ve faced increasing pressure in a rapidly changing retail landscape.
- Chang said the deal would provide more resources for product development, innovation, and employees.
Shein strikes deal to acquire US clothing retailer Everlane Retail Insight Network has contacted Everlane for comment. · Retail Insight Network · Photo Granary02 / Shutterstock.com Shubhendu Vimal Mon, May 25, 2026 at 5:39 PM GMT+7 2 min read Chinese fast-fashion giant Shein has agreed to purchase US clothing retailer Everlane, reported The Associated Press.
Everlane chief executive Alfred Chang, who took the helm in 2024, disclosed the transaction in a letter to employees.
“Like many brands, we ve faced increasing pressure in a rapidly changing retail landscape. This partnership allows us to remain independent, and gives us the stability and resources to make a larger impact, without compromising on the quality and standards that make Everlane, Everlane,” he wrote.