Shein buys Everlane, which sold millennials the dream of ethical, affordable luxury

Everlane's finances have faltered in recent years. But will the merger alienate Everlane's existing shoppers — or sway droves of Shein fans to trade up?

Everlane's finances have faltered in recent years. But will the merger alienate Everlane's existing shoppers — or sway droves of Shein fans to trade up?

(Image credit: Smith Collection/Gado/Getty Images
)