- Coyuchi earned $33.3 million in net sales in 2021, amounting to 26% YoY growth (in an industry only experiencing 5% YoY)
- Coyuchi’s is considered the gold standard in sustainable luxury home goods, offering consciously designed bedding, bath, apparel, and lifestyle products spanning approximately 1,400 SKUs – designed for sustainability using 100% organic cotton material and circular practices
- Coyuchi is currently offering Regulation A+ investment through Manhattan Street Capital
- Webinar RwSVP
Coyuchi, the gold standard in sustainable luxury organic bedding, sheets, towels, apparel, and other home goods for the environmentally conscious home, is pleased to announce an upcoming dlive webinar with the company’s CEO, Eilween Mockus. During the webinar, Mockus will discuss Coyuchi’s Regulation A+ investment opportunity – which democratizes access to early-stage investment opportunities and allows the company and investors to embark on the next chapter of wsustainable living together. The live webinar will take place on Monday, January 23. (RSVP at: https://nnw.fm/U2q0P)
Manhattan Street Capital is facilitating the company’s Regulation A+ offering (https://nnw.fm/o1l7Z). More information is available in its Offering Circular (https://nnw.fm/d70KX).
Eileen Mockus has been the President and CEO of Coyuchi since 2013 when she was elected to the company’s Board of Directors. She has been a veteran of the industry for more than 25 years, with strength in fabric and product development cultivated by brands like PB Teen and Pottery Barn Kids, The North Face, and Patagonia – driven in a sustainability-focused direction by her own commitment to the planet. Mockus also represents the company on the Fiber Council for the Organic Trade Organization and as a member of the Board for Accelerating Circularity, a collaborative industry project formed to establish systems for reducing textile waste.
She is also the board chair of the Chetna Coalition. This ethical textile and fashion value chain community is working to organize and align the demand of buyers and manufacturers to support the growth and development of Chetna’s organic farming community (https://nnw.fm/RX0OM).
The company’s Circular Initiative begins with 100% organic fibers and a traceable supply chain. After customer purchase and use, Coyuchi’s 2nd Home Renewed Take Back(TM) program accepts used linens, which are sent to partners at the Renewal Workshop. These linens are cleaned, checked for flaws, and repaired to be as good as new ones. If the linens are irreparable, they are aggregated for recycling. 2nd Home Renewed(TM) products are available for resale through Coyuchi at a fraction of the cost of new products on the company’s website.
Coyuchi’s product selection consists of consciously designed bedding, bath, apparel, and lifestyle products spanning approximately 1,400 SKUs – each of which fulfills a need in the market for sustainable products. Research has shown a shift in consumer preference toward high-end lifestyle products as a key factor driving the growth of the organic bedding market, which was valued at $836.4 million globally in 2020. The market is expected to grow at a CAGR of 5.1%, resulting in a value of $1.1 billion by 2025 (https://nnw.fm/Unp3D).
Established in 1991, Coyuchi was built upon four foundational pillars: protect the planet, innovate circular design, live sustainably, and enrich the community – which has been driving the company for the last three decades. During this time, Coyuchi has explored organic farming and sustainable textiles using 100% organic cotton, guaranteeing the highest environmental and ethical standards illustrated through several certifications such as The Global Organic Textile Standard (“GOTS”), Fair Trade Certified, and MADE SAFE(R).
Most recently, Coyuchi earned $33.3 million in net sales in 2021, amounting to 26% YoY growth (in an industry only experiencing 5% YoY). The company has also experienced 2x customer growth to 200,000 active customers, averaging a 35% repeat purchase rate.
For more information, visit the company’s website at www.Coyuchi.com.
NOTE TO INVESTORS: The latest news and updates relating to Coyuchi are available in the company’s newsroom at https://nnw.fm/COYU
About NetworkNewsWire
NetworkNewsWire (“NNW”) is a financial news and content distribution company, one of 50+ brands within the InvestorBrandNetwork (“IBN”), that provides: (1) access to a network of wire solutions via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible; (2) article and editorial syndication to 5,000+ news outlets; (3) enhanced press release solutions to ensure maximum impact; (4) social media distribution via IBN to millions of social media followers; and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, NNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience comprising investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, NNW brings its clients unparalleled visibility, recognition and brand awareness. NNW is where news, content and information converge.
To receive SMS text alerts from NetworkNewsWire, text “STOCKS” to 77948 (U.S. Mobile Phones Only)
For more information, please visit https://www.networknewswire.com
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
NetworkNewsWire (NNW)
New York, New York
www.networknewswire.com
212.418.1217 Office
Editor@NetworkNewsWire.com
NetworkNewsWire is part of the InvestorBrandNetwork
No comments:
Post a Comment