TechBloomberg2h ago
Shein voluntarily sought the US Treasury's CFIUS national security
Sources: Shein voluntarily sought the US Treasury's CFIUS national security review of its $80M deal to buy US clothing retailer Everlane, an unusual move
TL;DRChinese fast-fashion giant Shein voluntarily asked US officials to review its $80M Everlane acquisition.
Why it matters: Sets precedent for foreign tech acquisitions; signals either confidence or concern about regulatory scrutiny ahead.
US authorities are conducting a national security review of Shein Global Holdings Ltd.'s purchase of American clothing retailer Everlane …
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