Trung Phan(@TrungTPhan):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.

Trung Phan

@TrungTPhan

Write on business with @workweekinc. Building a privacy-first AI research app @bearlyai.

Joined December 2017

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Trung Phan@TrungTPhan

2026.05.17 23:43

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.