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SHEIN Global Holdings
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SHEIN’s $80m Everlane acquisition becomes first test of post-IPO brand roll-up
SHEIN Global Holdings has acquired US apparel brand Everlane for approximately $80 million and is using the transaction as an early test of a broader multi-brand strategy, even as the newly listed retailer trades well below its Hong Kong IPO price and faces a continuing US national-security review of the Everlane purchase.