Sep 9, 2026 · 16 min · 5 segments
Why is an apparel deal drawing U.S. national security scrutiny, and is the clock finally ticking down on China’s fintech lenders? In this episode, we explore Shein’s bizarre latest regulatory hurdle…
Among other things, the company became a lightning rod, attracting unwanted attention for things like its labor practices and using loopholes to sidestep U.S. and European import taxes.
And then, of course, there was the company's IPO a couple of weeks ago, which Didn't do so well.
Many thought that this $80 million deal looked strange when it was disclosed earlier this year, since Everlane built its business and reputation on its dedication to corporate responsibility and sustainability.
Rene, we'll start off just by asking what exactly you think might be driving this national security review.
I mean, it's hard to make the case that this company, Everlane, is very important on the national security of the United States.
But I mean, who knows? I'm not entirely familiar with their complete range of products.
I mean, most of their products are basically sport gear and so on for people like you and me.
But the interesting thing is, you know, you can slap any label you want on anything.
I think that the more interesting thing is the comment that you made, that it had built its business and reputation on its dedication to corporate responsibility, sustainability, and so on and so on.
And In companies in the US in particular, but in Europe as well, in companies that are heavily, heavily focused on corporate responsibility, sustainability, environmental workers protection, and so on and so on, they usually end up with a very large portion of their workforce.
And maybe the one that's been the most spectacular was when, you know, employees at Google pushed back on management and tried to prevent management from working with the US Department of Defense, as it was known at the time.
Among other things, the company became a lightning rod, attracting unwanted attention for things like its labor practices and using loopholes to sidestep U.S. and European import taxes.
And then, of course, there was the company's IPO a couple of weeks ago, which Didn't do so well.
Many thought that this $80 million deal looked strange when it was disclosed earlier this year, since Everlane built its business and reputation on its dedication to corporate responsibility and sustainability.
Rene, we'll start off just by asking what exactly you think might be driving this national security review.
I mean, it's hard to make the case that this company, Everlane, is very important on the national security of the United States.
But I mean, who knows? I'm not entirely familiar with their complete range of products.
I mean, most of their products are basically sport gear and so on for people like you and me.
But the interesting thing is, you know, you can slap any label you want on anything.
I think that the more interesting thing is the comment that you made, that it had built its business and reputation on its dedication to corporate responsibility, sustainability, and so on and so on.
And In companies in the US in particular, but in Europe as well, in companies that are heavily, heavily focused on corporate responsibility, sustainability, environmental workers protection, and so on and so on, they usually end up with a very large portion of their workforce.
And maybe the one that's been the most spectacular was when, you know, employees at Google pushed back on management and tried to prevent management from working with the US Department of Defense, as it was known at the time.
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