Shein Buys Everlane
Mirrored from The Information — AI for archival readability. Support the source by reading on the original site.
Everlane, a San Francisco-based startup that soared during the last decade’s e-commerce boom, will sell itself to Shein, a Chinese discount e-retail giant. The deal values Everlane at $100 million, a far cry from the valuations that it once received at its height.
Everlane was among a group of ...
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