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Toms Shoes stepped into the footwear market in 2006 with a mission that extended beyond simply selling shoes. The company’s founder, Blake Mycoskie, was moved by the hardships faced by people around the world who couldn’t afford quality footwear, and he built Toms with a unique business model: for every pair of shoes sold, the company would donate a pair to someone in need. That one-for-one approach quickly resonated with consumers, propelling Toms into a globally recognized brand. The company has since extended its philanthropic model to include other products and causes, such as eyewear, clean-water initiatives, and donations to organizations advocating for mental health. Toms donates one-third of its profits to fund causes that make the world a better place.
