Shein’s acquisition of Everlane faces US national security review

US authorities are conducting a national security review of Shein Global Holdings’ purchase of American clothing retailer Everlane after Shein sought approval for the deal, people familiar with the matter said, adding to a growing list of regulatory hurdles for the China-founded fast-fashion giant in one of its most im

The China-founded fast-fashion giant voluntarily initiated the review by the Committee on Foreign Investment in the U.S. after the $80 million transaction was completed in May.