- The company announced partnering with the California Cotton & Climate Coalition (“C4”), working with other like-minded companies to evolve the state’s cotton-growing industry, and build capacity within all stakeholders to grow, source, and develop climate-beneficial, farm-forward textiles
- C4 includes Coyuchi, Mate, Outerknown, Reformation, Trace, Circular Systems, Imperial Yarn, Carhartt, Natural Fiber Welding, Laguna Enviro Fabrics, and opportunities for other companies to join the coalition
- Efforts from Coyuchi’s successful Regulation A+ capital raising is already helping the company grow leadership in the market through expanded marketing, product category expansion, continued physical presence, and B2B strategic partnerships with wholesalers and online marketplaces
- Coyuchi has now opened a second retail location in the Palo Alto Town & Country Village
Coyuchi, the gold standard in sustainable luxury home goods using 100% organic cotton material in its textiles, recently announced the company’s highlights for 2022, including updates on its Regulation A+ offering for investors and operation expansion to better serve its environmentally conscious consumer base.
In August, Coyuchi announced its first public offering under Regulation A+ authorization, gaining the company exemption from registration for public offerings under two available tiers as dictated by investment regulations. This round of funding will be used to grow Coyuchi’s leadership in the market through expanded marketing, product category expansion, continued physical presence, and B2B strategic partnerships with wholesalers and online marketplaces.
The company has now exceeded $1 million in capital raising, with the unique investment opportunity handled by Manhattan Street Capital. Funds raised during the beginning of the Regulation A+ offering have allowed Coyuchi to open a second retail location in the Palo Alto Town & Country Village. More information on investing with Coyuchi can be found on the Manhattan Street Capital site (https://ibn.fm/PKrjj).
During the Regulation A+ announcement, Coyuchi CEO and President Eileen Mockus said it was smart to invest in companies that not only drive financial performance but also focus on positive environmental and social impacts in the communities they serve. “Everyone should have access to this type of investment, which is why we’re excited to launch this Regulation A+ offering. With this public investment, we see an incredible chance to provide greater access to living sustainably for a healthier population and world,” Mockus added (https://ibn.fm/tRwBS).
Furthering the company’s mission to protect the planet, innovate circular design, live sustainably, and enrich the community – Coyuchi announced partnering with the California Cotton & Climate Coalition (“C4”), working with other like-minded companies to evolve the state’s cotton-growing industry to grow, source, and develop climate-beneficial, farm-forward textiles.
Involved in the coalition are Coyuchi, Mate, Outerknown, Reformation, Trace, Circular Systems, Imperial Yarn, Carhartt, Natural Fiber Welding, Laguna Enviro Fabrics, and opportunities for other companies to join. These companies are a vital part of the coalition’s ecosystem, including farms and farmers, companies purchasing cotton, the coalition team, technical service providers and scientists, and textile development partners (https://ibn.fm/TRey0).
Over the last two years, Coyuchi has seen its net income soar, including notable highlights, including $33.3 million in net sales during 2021, 26% year-over-year net sales growth (five times above the industry average of 5%), and 200,000 active customers at a 35% repeat purchase rate. These 2021 highlights are foundational in Coyuchi’s 2022 growth and the company’s expected growth – to be further facilitated by the company’s Regulation A+ authorization and expansion into additional retail space to serve its consumers.
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://ibn.fm/COYU
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