Cotopaxi: Creating Sustainable Social Impact

Case Code: LDEN209 Case Length: 9 Pages Period: 2014-2023 Pub Date: 2023 Teaching Note: Available

Price: Rs.400 Organization : Global Uprising, PBC (Cotopaxi) Industry :Textiles & Apparel Countries : United States Themes: Social Entrepreneurship, Entrepreneurial Strategy, Product Strategy & Design,Socially-responsible Business Practices

Abstract Case Intro 1 Case Intro 2 Excerpts

Introduction

In late 2021 Bain Capital Double Impact announced a US$45 million investment into Cotopaxi, a sustainable outdoor gear company based in Salt Lake City, signalling its confidence in the company’s growth and mission. Cotopaxi has primarily operated as a direct-to-consumer (DTC) business and had sales of US$104 million in 2022, up from US$55 million in 2021. Davis Smith (Smith), the founder said the investment was proof that the business world was thinking differently about capitalism. “I think what makes me most excited is proving that doing good and doing well are not mutually exclusive,” Smith added..

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