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TOMS

13 May 2013 12:21, by Esen

I think Tom’s one-for-one business is a successful entrepreneurship which address a very specific issue in poor countries. Although the sustainability and price concerns are still controversial, the main idea behind the business deserves attention.
In the philanthrophic venture world, Tom can be counted as a pioneer. The founder of Tom’s shoes, Blake Mycoskie has seen a problem and he established a company which contribute to a social cause. Tom’s shoes are highly regarded by the young customers and the purchase intention is also driven by the fact that when you buy one product, you (...)

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Location: Santa Monica (United States of America, California)

Sector: shoes

Official website: http://www.toms.com

Key figures:

As of April 2010 TOMS has given over 1.000.000 pairs of new shoes to children in need. Furthermore TOMS are sold in more than 30 countries and has over 45 employees. Moreover TOMS now gives pairs of shoes in over 20 countries.

Nbr. visits: 1091

Nbr. inspires: 185