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Shein acquired Everlane for $100m (vs. peak valuation of $550m).
The Chinese fast fashion platform can use Everlane’s 11 stores in US to avoid tariffs.
Reports say clothes from this 767,000 sqft warehouse will come first. Based in Shanghai, it has total inventory value of $89.
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The Shein-Everlane deal points to a new fashion power structure – one where value lies less in branding and more in supply chain.
Critics call the reported sale of Everlane to Shein hypocrisy. Others say matching fast fashion’s speed and volume is the only way forward for sustainability.
Sustainable fashion brand Everlane reportedly selling out for $100 million to fast-fashion tycoon Shein: 'Tell me this is a joke'
“Don’t spend money on a man” is usually advice from women who expect men to pay for their entire lifestyle while bringing attitude, trauma, and a Shein cart to the table.
Leopold's 13F, Mike Isaac Joins, Data Center Fixes, Shein Buys Everlane, Falling Birth Rates
Off to Croatia for SpicyMatch’s Spicy Island Takeover 🇭🇷☀️🍹
I may have gone a little overboard with the bikini shopping… 👀
Which one is your favourite? 👙🔥
Be honest… 1, 2, 3, 4 or 5? 😏
#bikini# #shein# @SpicyMatch @TheSpicyIsland
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shin and pichy <3 @Karashipup
do your sparky thing :3
