NewsBite analysis · Business, Regulation · Acquisition
The Japan Times
Shein’s purchase of Everlane faces U.S. national security review
Shein Global Holdings' $80 million acquisition of Everlane is now subject to a national security review by the U.S. Committee on Foreign Investment following voluntary initiation by Shein. This move signals heightened scrutiny on foreign investments by U.S. regulators, reflecting wider concerns about national security risks associated with foreign ownership in critical sectors. The review could impose further hurdles for Shein in one of its largest markets, potentially affecting its operational strategies in the U.S.
MonitorConfidence: MediumShort term horizonRegulatory risk: High
Published 24 Aug 2026, 04:45 UTC1 min read
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Summary
TL;DR
- Shein acquired Everlane for $80 million.
- U.S. authorities are conducting a national security review.
- The review was initiated voluntarily by Shein after the deal was completed.
- CFIUS has the power to block or unwind transactions impacting security.
- Shein faces increasing regulatory hurdles in the U.S.
Interesting facts
- This is an unusual case as companies typically seek approval before closing a deal.
- CFIUS reviews have increased in frequency amid national security concerns regarding foreign ownership.