Shein buys Everlane at $100M, and the radical-transparency brand becomes a fast-fashion asset
L Catterton has sold its majority stake at a steep discount to the DTC era’s peak valuation. Common stockholders get nothing. The Everlane board signed on Saturday. Shein, the Chinese-founded ultra-fast-fashion giant, is acquiring Everlane, the San Francisco-based direct-to-consumer apparel brand, from majority owner L Catterton, according to reports in Bloomberg. The transaction values Everlane […]<br /> This story continues at The Next Web [...]
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Europe probes Shein's addictive app design and illegal product sales
The European Commission (EC) has opened an investigation into low-cost fast fashion retailer Shein. EC officials are concerned about the sale of illegal products, including child sexual abuse material [...]
Autonomous security agents need complete data. Here's how to check if yours is ready.
An endpoint agent cannot report its own absence. The 2026 Axonius Actionability Report, conducted with the Ponemon Institute and surveying 662 IT and security professionals, put a number on a gap SOC [...]
Shein takes Temu to London’s High Court over “industrial-scale” copyright theft
The two-week trial opened Monday. Shein’s complaint covers around 2,300 product images; Temu has abandoned its defence of those images and is countering with anti-competition claims. Shein accused T [...]
Shein’s app runs on the tricks the FTC calls ‘dark patterns.’ Now the FTC is investigating.
Shein wanted its Hong Kong listing to be about growth. Instead, the filing meant to sell that story revealed a US regulator is investigating the company, and Shein will not say why. The disclosure sit [...]