While its 2025 financial landing is not public yet - it used to be released in February so far - Shein is taking over U.S. retailer Everlane. The fast fashion brand aims to improve a brand image in a key market, which according to our sources, accounted for nearly one-third of total sales in 2024.
According to Puck, Shein is acquiring Everlane from L Catterton investment fund, a majority shareholder since 2020. The deal values the U.S. fashion retailer at around US$100 million, according to the investigative media outlet, which cited sources close to the matter. Everlane, known for high transparency and sustainability standards, had 11 stores in the US at the end of April 2026. A 2025 revenue and the terms of the deal have not been made public. Contacted by mind Retail, L Catterton did n
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Article authors
Sophie Baqué
Chief Editor of mind Retail