Companhia não informou o valor da transação, mas o site reportou que negócio foi fechado em US$ 100 milhões

Shein’s acquisition of Everlane isn’t its first attempt to boost its brand credibility — but it's unclear how its efforts fit together.

Everlane's finances have faltered in recent years. But will the merger alienate Everlane's existing shoppers — or sway droves of Shein fans to trade up?