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Shein buys Everlane to boost ethics image; Canadian Solar expands US manufacturing to dodge tariffs.

Market News
10 Jun 2026
Bamboo Works
View Source
Neutral
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Shein acquired the ethically focused Everlane brand for about $100 million, aiming to improve its controversial image ahead of a potential Hong Kong IPO. Meanwhile, Canadian Solar is expanding its high-tech solar cell manufacturing in the U.S. to avoid tariffs and present itself as a non-Chinese alternative, though it may face challenges from Beijing and local U.S. manufacturers. Both moves reflect efforts by Chinese-rooted companies to better integrate into Western markets amid geopolitical tensions.

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