TOMS

TOMS

Footwear brand supporting global health initiatives

About

TOMS offers stylish footwear and lifestyle products, with a focus on social responsibility. Their most recognized product is the Alpargatas shoe, available for men, women, and children, alongside other styles like flats, sneakers, and boots. TOMS operates on a model where for every three dollars earned, one dollar is donated to the TOMS COVID-19 Global Giving Fund, which supports health initiatives such as mental health services and medical supplies. This commitment to philanthropy distinguishes TOMS from other retail brands. The company's goal is to combine commerce with social impact, ensuring that each purchase contributes to global health efforts while providing fashionable and comfortable footwear.

Company Stage

Seed

Employees

501-1,000

Industries

Social Impact, Consumer Goods

Total Funding

$291.8K

Headquarters

Los Angeles, California

Founded

2006


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Simplify's Take

What believers are saying

  • TOMS' commitment to mental health aligns with increasing consumer interest in well-being.
  • The partnership with Astound Commerce enhances TOMS' digital presence and e-commerce operations.
  • Sustainable fashion trends provide TOMS opportunities to expand its resale initiatives.

What critics are saying

  • Increased competition in branded resale could impact TOMS' market share.
  • Technical challenges in migrating to Salesforce Commerce Cloud may disrupt e-commerce operations.
  • The 'shuberX' collaboration with Uber might not resonate, risking brand misalignment.

What makes TOMS unique

  • TOMS combines commerce with philanthropy, donating a third of profits to social causes.
  • The company offers a unique 'One for One' model, providing shoes to children in need.
  • TOMS' diverse product range includes shoes, eyewear, coffee, and bags, enhancing brand appeal.

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Growth & Insights
Headcount

6 month growth

0%

1 year growth

2%

2 year growth

12%

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