Full-Time
Direct-to-consumer apparel with ethical production
$18.40 - $20/hr
Washington, DC, USA
In Person
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Everlane produces clothing and accessories with ethical production and sustainability. It partners with factories worldwide to ensure fair labor and uses high-quality, sustainably sourced materials. It sells directly to customers online with a transparent price breakdown showing true cost. Its goal is to make ethical, well-made clothing accessible by transparent pricing and responsible supply chains.
Company Size
201-500
Company Stage
Acquired
Total Funding
$201.2M
Headquarters
San Francisco, California
Founded
2011
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Shein acquires Everlane in $100m deal amid debt crisis - report. Shubhendu Vimal Chinese fashion retailer Shein is set to take over US direct-to-consumer label Everlane in a transaction worth around $100m, following board approval, Puck News reported, citing unnamed sources. The deal brings to a close a prolonged period of financial strain for Everlane, which had accumulated $90m in liabilities, comprising a $25m loan from Gordon Brothers and a $65m asset-based revolving credit facility. Private equity company and majority shareholder L Catterton and Everlane chief executive Alfred Chang had been exploring external investment options to address the debt burden, with L Catterton reportedly willing to accept either a co-investor or a complete buyout. According to the report, Shein opted for full ownership. A note to shareholders cited by Puck News confirmed that holders of common stock will receive nothing from the transaction. The report did not disclose whether the deal involves a cash transfer, nor whether preferred shareholders will receive cash or Shein equity. Everlane was established in the early 2010s around a brand identity rooted in sustainability and what it described as "radical transparency" on pricing and supply chain practices. It gained an early audience as a more affordable option within the apparel market, positioning itself as a contemporary basics brand. L Catterton acquired a minority stake in late 2020, a move that coincided with the departure of founder Michael Preysman and marketing lead Alexandra Spunt. Attempts to move the brand upmarket - targeting the space occupied by labels such as Theory and Frankie Shop - did not succeed, and the brand came under growing competitive pressure. The purchase represents a striking turn for a label whose founding principles sit in direct contrast to Shein's business model. Retail Insight Network has approached Everlane and L Catterton for comment. "Shein acquires Everlane in $100m deal amid debt crisis - report" was originally created and published by Retail Insight Network, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Online fast-fashion platform Shein is acquiring Everlane from majority owner L Catterton in a deal valuing the U.S.-based apparel retailer at about $100 million, Puck News reported on Sunday, citing people familiar with the matter.Those with common stock in Everlane will not receive a payout, the r…
Must read: Adriano Goldschmied passes away at 82, A look at Emma Grede's new book. Plus, Everlane is being sued. Apr 6, 2026 12:00 PM EDT These are the stories making headlines in fashion on Monday. Adriano Goldschmied passes away at 82. On Sunday, Italian designer Adriano Goldschmied died at 82 years old as a result of a battle with cancer. Known for pioneering work in the denim industry, helping to elevate jeans as a designer item, he shaped brands including Diesel, Reply, Gap 1969, AG and Goldsign. {Sourcing Journal/paywalled} A look at Emma Grede's new book. In Emma Grede's new book, "Start With Yourself," the entrepreneur talked about her work-life balance, especially as a mother of four. She criticized "helicopter parenting," says she enjoys her work and doesn't want to solely center her life around her kids. Her book also offers career advice and addresses imposter syndrome. {Wall Street Journal/paywalled} ADVERTISING Everlane is being sued. A landlord is suing Everlane for failing to pay rent on its San Francisco headquarters. The lawsuit says the company owes more than $51,000 and was served a three-day notice on March 18 to pay or vacate. In a responding statement, Everlane said it's having "good-faith" conversations with the landlord and that the filing was a "routine procedural step." The company confirmed it will move its headquarters to Los Angeles in August. {Puck/paywalled} How the iran war is impacting sportswear brands. As the U.S.-Iran war continues to drive up oil prices, it also disrupts the global supply chain, thanks to significant inflation in supply, shipping and materials costs. The domino effect is particularly hitting sportswear brands - most performance gear and materials are derived from oil -, as labels are on the brink of being forced to adjust their prices if the war's disruption looks long-term. {Business of Fashion/paywalled}
San Francisco-based Everlane is relocating to Los Angeles after reports emerged that the company owes $51,273.40 in overdue rent. The direct-to-consumer brand plans to consolidate operations in LA with a centralised office by August. The move follows a lawsuit from landlord Chris Hickey, who served Everlane a three-day notice on 18 March to settle the balance or vacate its second-floor space at 2150 Folsom Street. Everlane has occupied the location since signing the lease in 2014. The company stated it has been in "good faith discussions" with its landlords and called the filing "a routine procedural step". Everlane did not disclose how many employees will be affected. The announcement comes during a challenging period for millennial-focused DTC brands, with Allbirds being acquired for just $39 million yesterday.
To no surprise, Everlane has exactly what I'm looking for - and the brand is exclusively 20 percent off during our InStyle InSider Sale with the code INSTYLE20 for new customers (and INSTYLE20OFF for existing) until tonight.