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TOMS shoes
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TOMS Shoes
“Instead of giving Mycoskie a profit and
calling it charity, it's more effective to
buy less expensive shoes and donate the
left-over money directly to global relief
organizations.”
A pair of TOMS cost anywhere from
$44 to $98, and while exact manufacturing
figures are unavailable, Sustainable Business Design
praises the shoe's low manufacturing cost and retail
prices, which allow for both donation purposes
and company profit.
Charity
Participation
Individuality
“It used to be that it was very mutually exclusive between going into the peace corpse or going into corporate America,” says TOMS founder and CEO, Blake Mycowski. “But, with TOMS, I feel like we’ve combined the two.”
TOMS featured in "People" Magazine
Though purchasing TOMS makes a positive impact, it doesn't equate to making a direct donation. Buying the shoes purely for philanthropy is a waste of money because the amount you spend doesn't go straight to relieving global poverty. A pair of TOMS cost anywhere from $44 to $98, and while exact manufacturing figures are unavailable, Sustainable Business Design praises the shoe's low manufacturing cost and retail prices, which allow for both donation purposes and company profit.