TechMeme
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 (Kate O'Keeffe/Bloomberg)
Shein Global Holdings Ltd. voluntarily requested a Committee on Foreign Investment in the United States (CFIUS) national-security review of its $80 million acquisition of U.S. apparel retailer Everlane, a rare self-initiated filing. The review signals heightened scrutiny of Chinese-owned e-commerce firms buying American brands, and authorities will assess potential risks to U.S. data and supply-chain security.