Coyuchi Is Sewing Sustainability Into Home Goods - KingsCrowd

Analyst Report: Upgrade for access Coyuchi Is Sewing Sustainability Into Home Goods

Coyuchi is a luxury home goods brand that offers sustainable textiles. But can the company sustain its revenue growth as it opens physical stores?

 
Details
Company: Coyuchi on Manhattan Street Capital 2022
Security Type: Equity - Preferred
Valuation: $117,000,000
Min Investment: $500
Platform: Manhattan Street Capital
Deadline: Aug 9, 2023
 
Francis Vu - November 2nd

Introduction

As I’ve gotten older, I’ve become more aware of my impact on the environment. While I understand that just 100 companies contribute to more than 70% of global greenhouse gas emissions, I still believe doing my part to recycle, compost, and eat more plant-forward is worth it. And it seems that consumers — and some companies — agree with me. No matter the demographic, consumers across the board are trying to shop and live more sustainably. Many public companies are allocating more resources towards sustainable practices. With consumers and companies thinking more about sustainability, it seems almost prescient for a 30-year-old company like Coyuchi to have made sustainability a core value from inception. 

Coyuchi is a luxury home goods brand focused on producing sustainable textiles like bed sheets and towels. Its practices revolve around the circular economy: sustainably producing high-quality organic cotton that customers purchase and use. Customers can then return their used goods via the company’s “2nd Home Take Back” program that recycles and renews old Coyuchi linens. Coyuchi also has a “2nd Home Renewed” program that cleans, mends, and resells the refurbished products. Renewed products are sold for 35% to 40% of the original retail price. Any other product that cannot be renewed is recycled and used in Coyuchi’s cotton blanket product, which is its first fully circular product that uses 52% recycled Coyuchi cotton and 48% new material. Coyuchi clearly takes sustainability seriously. And that makes a lot of sense when you look at CEO Eileen Mockus’s background.

Pay Annually
and save 17%

This article requires: Edge Pro

Full site access including KingsCrowd's qualitative analyst reports.

$
49.95 /month
41.58 /annually
 

What's included

  • Everything in Edge, plus
  • Full access to detailed Analyst Reports (e.g. Top Deal, Deal to Watch, Neutral, and Underweight)
  • Search and filter based on Analyst Reports
  • In-depth risk ratings for every raise

Get access to the first and only premium analytics and rating platform that enables informed startup investments.

Join the KingsCrowd insiders!

Sign up for our 3 minute newsletter with fresh takes on the investments you should know.

We care about the protection of your data. Read our Privacy Policy.