Everlane

Everlane

Ethically produced clothing and accessories

About Everlane

Simplify's Rating
Why Everlane is rated
C
Rated C on Competitive Edge
Rated B on Growth Potential
Rated D+ on Rating Differentiation

Industries

Social Impact

Consumer Goods

Company Size

201-500

Company Stage

Debt Financing

Total Funding

$83.8M

Headquarters

San Francisco, California

Founded

2011

Overview

Everlane focuses on producing clothing and accessories that are made ethically. The company collaborates with factories around the world that follow fair labor practices and uses materials that are sustainably sourced. Each product's true cost is shared with customers, highlighting Everlane's commitment to transparency. The company primarily sells its products directly to consumers through its online platform, catering to individuals who are fashion-conscious and prioritize ethical and sustainable choices in their shopping. Everlane aims to provide high-quality apparel while promoting responsible production methods.

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Simplify's Take

What believers are saying

  • Virtual try-on technology can enhance Everlane's direct-to-consumer model.
  • AI-driven merchandising solutions offer opportunities for personalized recommendations.
  • Collaborations with fashion brands expand product offerings and reach new customers.

What critics are saying

  • Increased competition from AI-driven eCommerce solutions challenges Everlane's market position.
  • High return costs may pressure Everlane to optimize return processes.
  • Past allegations of greenwashing could damage Everlane's reputation.

What makes Everlane unique

  • Everlane emphasizes transparency by sharing true product costs with customers.
  • The company partners with ethical factories to ensure fair labor practices.
  • Everlane uses high-quality, sustainably sourced materials for its products.

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Funding

Total Funding

$83.8M

Above

Industry Average

Funded Over

4 Rounds

Notable Investors:
Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Debt Funding Comparison
Coming Soon

Benefits

Hybrid Work Options

Remote Work Options

Growth & Insights and Company News

Headcount

6 month growth

1%

1 year growth

3%

2 year growth

0%
PYMNTS
Feb 11th, 2025
Shop Pay Gains Momentum As Shopify Sees Subscriptions Growth

Shopify President Harley Finkelstein highlighted the company’s fiscal performance in the fourth quarter of 2024, marking a solid finish to the year. “I’ve honestly never been more excited about what we achieved and how it’s positioning us for 2025,” Finkelstein said Tuesday (Feb. 11) during the company’s fourth-quarter earnings call. “2024 was one for the books and further solidified us as a leader in unified commerce. I’m especially proud to share that in the U.S. alone Shopify is now over 12% of the eCommerce market share

Fashion Network
Oct 1st, 2024
Everlane appoints new CEO

Everlane has appointed Alfred Chang to the role of chief executive officer at the U.S. sustainable fashion brand, effective immediately.

PYMNTS
Aug 27th, 2024
Retailers Tackle The High Cost Of Returns By Incentivizing People Not To

Retailers are facing mounting pressure from the costs associated with returns, but they are also discovering ways to turn this challenge into an opportunity for growth, Catherine Dummitt, VP of marketing at Narvar, told PYMNTS. Balancing the expense of returns with potential revenue involves a multifaceted approach that combines streamlined processes, advanced technology, and strategic customer engagement. A primary strategy for mitigating return costs is optimizing the reverse checkout process, Dummitt explained, noting, “Making returns as smooth and consumer-friendly as possible is crucial for retaining customer loyalty and fostering repeat purchases. Implementing options like in-store returns, drop-off points, and box-free, label-free returns can significantly enhance the customer experience.”

PureWow
May 17th, 2024
Everlane Released a Super Chic Vacation Collection and These 6 Styles Deserve a Spot in Your Suitcase

Everlane released a super chic vacation collection and These 6 styles deserve a spot in your suitcase.

Inc.
Apr 22nd, 2024
Everlane's Sustainability Chief on 3 Ways to Avoid Greenwashing

Following the backlash in 2020 over allegations of greenwashing and unethical treatment of employees, Everlane in 2021 hired Katina Boutis in the role of director of sustainability, responsible for overseeing the company's sustainability efforts.

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