Alfred Chang

Fast-fashion brand Shein has acquired eco-conscious clothing retailer Everlane, sparking backlash from consumers who view the acquisition as contradictory to Everlane's sustainability commitments. Everlane's CEO Alfred Chang stated the company would maintain its independence and continue prioritizing sustainability and quality despite the sale.

Chinese fast-fashion company Shein has acquired Everlane, an eco-friendly retailer known for sustainable and ethically sourced clothing. Everlane CEO Alfred Chang confirmed the acquisition in a letter to employees, stating the company will maintain its sustainability commitments despite the acquisition by the fast-fashion giant.

Chinese fast-fashion company Shein is acquiring Everlane, an eco-friendly retailer known for sustainable and ethically sourced clothing. Everlane CEO Alfred Chang confirmed the deal in a letter to employees, stating the company will maintain its sustainability commitments despite the acquisition by the fast-fashion giant.

Shein, the Chinese fast-fashion giant, is acquiring Everlane, an eco-friendly clothing retailer founded in 2011. The deal was confirmed through a letter to Everlane employees from CEO Alfred Chang, though the purchase price was not disclosed. This acquisition represents a significant shift as Everlane built its brand on sustainability and ethical sourcing, values that contrast with Shein's fast-fashion model.