Chinese fast-fashion juggernaut Shein to buy eco-friendly Everlane in an unlikely fit

NEW YORK (AP) — Everlane, the retailer that bucked the fast-fashion industry by promising affordable ethically sourced and sustainable clothing, is being acquired by the king of fast-fashion Shein, founded in China. A letter to Everlane employees from CEO Alfred Chang confirming the deal was obtained by The Associated Press on Friday. Everlane, based in [...]