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Shein Buys Everlane: Fast Fashion Giant Acquires Rival
Chinese fast-fashion giant Shein acquires sustainable brand Everlane in a $100M deal, sparking customer backlash and greenwashing concerns.
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Chinese fast-fashion giant Shein acquires sustainable brand Everlane in a $100M deal, sparking customer backlash and greenwashing concerns.
Shein acquires Everlane for $100M, merging fast fashion with sustainability. The deal raises tough questions about ethical fashion's future.