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Chronicles

The story behind the story

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Source: Shein is acquiring SF-based DTC clothing retailer Everlane, which was founded on sustainability and “radical transparency” principles, in a $100M deal

The Millennial D.T.C. company built a global brand based on sustainability and radical transparency.

Puck Lauren Sherman

Discussion

  • @tomaxwell Thomas Maxwell on x
    $100 million is way more than I would've guessed Everlane is worth
  • @leehepner Lee Hepner on x
    Everlane was a tech company with a brand ethos to offset fast fashion, but design (and quality) were backseat. The cultural pivot is toward a mix of luxury and second-hand. A K-shaped clothing industry with latent demand for skilled labor and upstream supply chain durability.
  • @alisha_hg Alis on x
    IMO this Everlane acquisition by Shein is probably the final nail in the coffin for the niche optimism around good branding, values, and customer goodwill being enough to sustain a brand that was rampant in the 2010s.
  • @robertjbye Robert Bye on x
    Awful news. Shame on Everlane for this. Stick to ethical/organic brands like these and buy less but better: https://yesfriends.co/ https://waxlondon.com/ https://asket.com/ https://wearpact.com/ https://taylorstitch.com/ https://kotn.com/ LMK if you know of others
  • @wongmjane Jane Manchun Wong on x
    What's some good alternatives to Everlane now that SHEIN owns it? Quince?
  • @zedonarrival @zedonarrival on x
    everlane was clipped when they fired the customer team days after they expressed wanting a union at the beginning of covid
  • @pitdesi Sheel Mohnot on x
    Brutal- Everlane was supposed to be the anti-SHEIN, now acquired by SHEIN for $100M It was a VC darling when it launched, raising from KP, Khosla, Maveron and others (~$145M raised) I think the bet was that consumers would pay more for ethical, sustainable basics, and that
  • @milkkarten Rachel Karten on x
    everlane on instagram two days ago 🤣 [image]
  • @mattxiv Matt on x
    the concept of a brand whose whole thing was sustainability and transparency selling itself to SHEIN [image]
  • @orenmeetsworld Oren John on x
    Everlane has been spiritually Shein for quite a long time but a lot of millenials aren't ready for that conversation
  • @seanfrank Sean Frank on x
    Dtc brands will go down as the second worst venture capital asset class of all time This and crypto
  • @gbbranstetter Gillian Branstetter on x
    America in 2026 [image]
  • @anuatluru Anu on x
    1) Millennial ethical mid-range brands are dead/dying and selling for parts. Gen Z is driving a new culture cycle that splits high/low (luxury or vintage/thrift). 2) Conscious consumerism identity has migrated more to digital consumption (what you watch, which apps you use,
  • @mcmansionhell Kate Wehwalt on x
    9/11 for architects
  • @_zeets Zito on x
    So disappointing
  • @chaykak Kyle Chayka on x
    The millennial dream has turned to slop.......
  • @svershbow Sophie Vershbow on x
    Cool cool need to go buy 46 white t-shirts before the formula changes.
  • @trungtphan Trung Phan on x
    Everlane's latest Instagram posts suggest the Everlane social team had no idea this Shien acquisition was coming [image]
  • @bryancsk Bryan Cheong on x
    Visiting San Francisco's brick and mortar Shein store today [image]
  • @bryanecano Bryan Cano on x
    The Everlane acquisition honestly made me stop and think. It feels like every era of ecommerce creates its own “moat” that brands become obsessed with. 2010-2017: digitally native branding was the moat. 2018-2025: performance sophistication became the moat. and with the
  • @rushabhpipada Rushabh Pipada on x
    Everlane raised around $90M, peak valuation around $550M, and is now selling for $100M. Wild outcome for one of Gen 1 DTC's most iconic brands. Clothing is brutal. Venture money makes the bar even more unforgiving. I still remember the SoHo store launch - Lines outside the
  • Arielle Jackson Arielle Jackson on linkedin
    Everlane selling to Shein is one of those headlines that would have been unthinkable five years ago. …
  • @miasato Mia Sato on bluesky
    There are a lot of brands that Shein should buy that would make sense but nobody wants to hear it 🤐  —  puck.news/everlane-is-...
  • @dude.computer Alex on bluesky
    everlane, the union busting assholes?  wow crazy, guess the union wasn't the problem [embedded post]
  • r/SustainableFashion r on reddit
    Everlane sells to Shein for $100 million
  • r/AusFemaleFashion r on reddit
    Everlane sells to Shien for $100 million