Lauren Sherman / Puck:

Source: Shein is acquiring US DTC brand Everlane from its majority owner, L Catterton, in a $100M deal; Everlane sought funding to clear ~$90M in debt  —  The Millennial D.T.C. company built a global brand based on sustainability and radical transparency.  Now, after a years-long slump …

Lauren Sherman / Puck:

Source: Shein is acquiring US DTC brand Everlane from its majority owner, L Catterton, in a $100M deal; Everlane sought funding to clear ~$90M in debt  —  The Millennial D.T.C. company built a global brand based on sustainability and radical transparency.  Now, after a years-long slump …

Source: TechMeme
Source Link: https://www.techmeme.com/260517/p13#a260517p13