Shein buys Everlane, which sold millennials the dream of ethical, affordable luxury

"Affordable luxury" brand Everlane has been bought by the ultrafast-fashion giant Shein. Smith Collection/Gado/Getty Images hide caption toggle caption Smith Collection/Gado/Getty Images Shein, the ultrafast-fashion juggernaut, is buying Everlane, a brand that once pitched millennial shoppers on a vision of fashion with "ethical factories" and "radical transparency" into how its clothes were made and priced. …