ESGBreaks – Coyuchi Inc. Positioned with Sustainable Products in Trend That’s ‘Here to Stay’
Jan 19, 2023
Coyuchi, the gold standard in sustainable luxury home goods, uses 100% organic cotton in the manufacturing of all of its textiles. “The company was built on four foundational pillars: protecting the planet, innovating circular design, living sustainably, and enriching the community… Coyuchi has seen a very positive trajectory, coming off a 26% year-over-year net sales growth in 2021 with an overall revenue climb of $33.3 million. The company recently opened up to outside investors through a Regulation A+ offering and has exceeded the $1 million mark in funding through its campaign. Previously, Coyuchi itself attracted $20 million in private investor funding from several venture capitalists, including Saffron Hill Ventures,” a recent article reads. “With a focus on stability, Coyuchi’s CEO Eileen Mockus believes the company is well positioned, particularly due to the demand from millennial customers seeking sustainable product options. ‘We’ve been working on this for years, and we don’t see any indication that customers will be pulling back from this. It’s here to stay,’ Mockus said.”
To view the full article, visit https://ibn.fm/pnJdX
About Coyuchi Inc.
Coyuchi has led the home industry in luxury organic textiles with the smallest possible impact on the planet since 1991. Committed to transparency, product innovation and practices that limit harm to the environment and the people who live in it, Coyuchi sets the standard for sustainability in home. Now in its fourth decade in organic textiles, Coyuchi aims to continue to innovate its products and business model to advocate for the health of the planet and its people, as demonstrated through its climate goals: net zero emissions by 2025 and net positive emissions by 2030. Continuing its leadership in innovation, Coyuchi is weaving the next chapter of sustainable living through a Regulation A+ offering, which democratizes access to early-stage investment opportunities to all. Coyuchi is currently accepting investments through its partner Manhattan Street Capital. Learn more about investing at www.ManhattanStreetCapital.com/Coyuchi.
NOTE TO INVESTORS: The latest news and updates relating to Coyuchi are available in the company’s newsroom at https://ibn.fm/COYU
About ESGWireNews
ESGWireNews delivers up-to-date information and actionable intelligence on public companies committed to sustainable corporate practices. As one of 50+ brands within the InvestorBrandNetwork (“IBN”), ESGWireNews 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 reach millions of social media followers; and (5) a full array of corporate communications solutions. Environmental, social and governance (ESG) issues aren’t just buzzwords. The growing threat of climate change has moved large investors, like pension funds and insurance reserves, to action and screen investments based on sustainability and environmental impact. ESG criteria are increasingly guiding the investment choices of large institutional investors, and blue-chip companies have taken notice. ESGWireNews aims to uncover the emerging growth companies following their lead. If you’re interested in aligning your values with your investment portfolio, you’re in the right place.
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