Chinese fast-fashion company Shein to buy eco-friendly retailer Everlane
The Guardian World ·
Everlane, the retailer that bucked the fast-fashion industry by promising affordable ethically sourced and sustainable clothing, is being acquired by the king of fast-fashion, China’s Shein . …
Everlane, the retailer that bucked the fast-fashion industry by promising affordable ethically sourced and sustainable clothing, is being acquired by the king of fast-fashion, China’s Shein . A letter to Everlane employees from CEO Alfred Chang confirming the deal was obtained by the Associated Press on Friday. Everlane didn’t disclose a purchase price. …
Original source: The Guardian World