{"id":240790,"date":"2026-05-17T18:55:20","date_gmt":"2026-05-17T18:55:20","guid":{"rendered":"https:\/\/entertainment.runfyers.com\/index.php\/2026\/05\/17\/cleaner-fashion-brand-everlane-reportedly-being-sold-to-fast-fashion-company-shein\/"},"modified":"2026-05-17T18:55:20","modified_gmt":"2026-05-17T18:55:20","slug":"cleaner-fashion-brand-everlane-reportedly-being-sold-to-fast-fashion-company-shein","status":"publish","type":"post","link":"https:\/\/entertainment.runfyers.com\/index.php\/2026\/05\/17\/cleaner-fashion-brand-everlane-reportedly-being-sold-to-fast-fashion-company-shein\/","title":{"rendered":"\u2018Cleaner Fashion\u2019 Brand Everlane Reportedly Being Sold to Fast-Fashion Company Shein"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<figure>\n\t\t\t\t\t\t<figcaption><span class=\"copyright\">Getty<\/span><\/figcaption><\/figure>\n<p><strong><em>Everlane<\/em><\/strong> is reportedly being acquired by fast fashion company <strong><em>Shein<\/em><\/strong>.<\/p>\n<p>The brand, founded in 2011 by <strong>Michael Preysman<\/strong> and <strong>Jesse Farmer<\/strong>, was built on &#8220;fashioning a better future,&#8221; and <a href=\"https:\/\/www.everlane.com\/pages\/sustainability\" target=\"_blank\" rel=\"noopener\">markets itself<\/a> with three pillars of sustainability: Keep Earth Clean, Keep Earth Cool, and Do Right By People.<\/p>\n<p>Now, <a href=\"https:\/\/puck.news\/everlane-is-selling-out-to-shein\/\" target=\"_blank\" rel=\"noopener\"><em>Puck<\/em><\/a> reports that the company is being acquired by the Chinese brand, which has been deemed the <a href=\"https:\/\/yaleclimateconnections.org\/2024\/09\/shein-is-officially-the-biggest-polluter-in-fast-fashion-ai-is-making-things-worse\/\" target=\"_blank\" rel=\"noopener\">biggest polluter in fast fashion.<\/a><\/p>\n<p>The reported deal values <em>Everlane<\/em> at $100 million, and was approved by the board on Saturday (May 16), a source told the insider outlet. The brand was allegedly looking for an investor amid about $90 million in debt as of March, according to the report.<\/p>\n<p>&#8220;In the end,<em> Shein<\/em>, the Chinese fast-fashion group known for its ultra-cheap goods, saw the opportunity\u2014inspired, perhaps, by the success of <em>Quince<\/em>, another San Francisco\u2013based startup that has merged <em>Shein<\/em>\u2019s quick-and-dirty approach to production and distribution with <em>Everlane<\/em>\u2019s faux-luxury positioning,&#8221; <em>Puck<\/em> reported.<\/p>\n<p><strong>L Catterton<\/strong> took a minority stake in the business in 2020, and founder <strong>Michael Preysman<\/strong> left.<\/p>\n<p>Last year, someone who looked an awful lot like\u00a0<a href=\"https:\/\/www.justjared.com\/tags\/luigi-mangione\/\" target=\"_blank\" rel=\"noopener\"><strong>Luigi Mangione<\/strong><\/a>\u00a0was seen modeling a shirt on <em>Shein<\/em>\u2019s website, and the <a href=\"https:\/\/www.justjared.com\/2025\/09\/03\/shein-explains-how-luigi-mangione-ended-up-modeling-a-shirt-on-their-website\/\" target=\"_blank\" rel=\"noopener\">brand addressed how this happened.<\/a><\/p>\n<p>The post <a href=\"https:\/\/www.justjared.com\/2026\/05\/17\/cleaner-fashion-brand-everlane-reportedly-being-sold-to-fast-fashion-company-shein\/\" target=\"_blank\" rel=\"noopener\">&#8216;Cleaner Fashion&#8217; Brand Everlane Reportedly Being Sold to Fast-Fashion Company Shein<\/a> appeared first on <a href=\"https:\/\/www.justjared.com\" target=\"_blank\" rel=\"noopener\">Just Jared &#8211; Celebrity News and Gossip | Entertainment<\/a>.<\/p>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.justjared.com\/2026\/05\/17\/cleaner-fashion-brand-everlane-reportedly-being-sold-to-fast-fashion-company-shein\/\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Getty Everlane is reportedly being acquired by fast fashion company Shein. The brand, founded in 2011 by Michael Preysman and Jesse Farmer, was built on &#8220;fashioning a better future,&#8221; and markets itself with three pillars of sustainability: Keep Earth Clean, Keep Earth Cool, and Do Right By People. Now, Puck reports that the company is [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":240791,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":{"0":"post-240790","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-lifestyle"},"_links":{"self":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/240790","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/comments?post=240790"}],"version-history":[{"count":0,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/240790\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/media\/240791"}],"wp:attachment":[{"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/media?parent=240790"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/categories?post=240790"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/entertainment.runfyers.com\/index.php\/wp-json\/wp\/v2\/tags?post=240790"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}