You are on page 1of 9

CASE 30

TOMS Shoes: A Dedication


to Social Responsibility

Margaret A. Peteraf Sean Zhang


Tuck School of Business, Dartmouth Dartmouth College, Research Assistant
College
Meghan L. Cooney
Dartmouth College, Research Assistant

W
hile traveling in Argentina in 2006, Blake
Mycoskie witnessed the hardships that
COMPANY BACKGROUND
children without shoes experienced and he While attending Southern Methodist University,
became committed to making a difference. Rather Blake Mycoskie founded the first of his six startups, a
than focusing on charity work, Mycoskie sought laundry service company that encompassed seven col-
to build an organization capable of sustainable, leges and staffed over 40 employees.2 Four startups
repeated giving, where children would be guaran- and a short stint on The Amazing Race later, Mycoskie
teed shoes throughout their childhood. He estab- found himself vacationing in Argentina, where he not
lished Shoes for a Better Tomorrow, better known as only learned about the Alpargata shoe originally used
TOMS, as a for-profit company based on the prem- by local peasants in the 14th century but also wit-
ise of the “One for One” pledge. For every pair of nessed the extreme poverty in rural Argentina.
shoes TOMS sold, TOMS would donate a pair to a Determined to make a difference, Mycoskie
child in need. By year-end 2013, TOMS had given believed that providing shoes could more directly
away over 10 million pairs of shoes in more than 40 impact the children in these rural communities than
different countries.1 delivering medicine or food. Aside from protect-
As a relatively new and privately held company, ing children’s feet from infections, parasites, and
TOMS experienced consistent and rapid growth diseases, shoes were often required for a complete
despite the global recession that began in 2007. In school uniform. In addition, research had shown
2013, TOMS had matured into an organization with that shoes were found to significantly increase chil-
nearly 400 employees and $210 million in revenues. dren’s self-confidence, help them develop into more
TOMS shoes could be found in several major retail active community members, and lead them to stay in
stores, such as Nordstrom, Bloomingdale’s, and school. Thus, by ensuring access to shoes, Mycoskie
Urban Outfitters. In addition to providing shoes for could effectively increase children’s access to edu-
underprivileged children, TOMS also expanded its cation and foster community activism, raising the
mission to include restoring vision to those with overall standard of living for people living in poor
curable sight-related illnesses by developing a Argentinian rural areas.
new line of eyewear products. Exhibit 1 illustrates
how quickly TOMS expanded in its first 8 years of
business. Copyright © 2014 by M. Peteraf. All rights reserved.
C-424 PART 2 Cases in Crafting and Executing Strategy

EXHIBIT 1 TOMS’s Growth in Sales discontinued, while TOMS also ceased advertising
its partnership with Friends of TOMS in marketing
and Employees, 2006–2013 campaigns and on its corporate website. The devel-
opments suggested that Friends of TOMS became a
Year Total Employees Pairs of Shoes Sold
defunct entity as TOMS incorporated all of its oper-
2006 4 10,000 ations under the overarching TOMS brand.
2007 19 50,000
2008
2009
33
46
110,000
230,000
INDUSTRY BACKGROUND
2010 72 700,000 Even though Mycoskie’s vision for his company was
2011 250 1,200,000 a unique one, vying for a position in global footwear
2012 320 2,500,000 manufacturing was a risky and difficult venture. The
2013 400 6,000,000 industry was both stable and mature—one in which
large and small companies competed on the basis
of price, quality, and service. Competitive pressures
Source: PrivCo, “Private Company Financial Report: TOMS
Shoes, Inc.,” May 30, 2014. came from foreign as well as domestic companies,
and new entrants needed to fight for access to down-
stream retailers.
Dedicated to his mission, Mycoskie purchased Further, the cost of supplies was forecast to
250 pairs of Alpargatas and returned home to Los increase between 2013 and 2020. Materials and
Angeles, where he subsequently founded TOMS wages constituted over 70 percent of industry costs—
Shoes. He built the company on the promise of “One clearly a sizable concern for competitors. Supply pur-
for One,” donating a pair of shoes for every pair sold. chases included leather, rubber, plastic compounds,
With an initial investment of $300,000, Mycoskie’s foam, nylon, canvas, laces, and so on. While the price
business concept of social entrepreneurship was of leather rose steadily each year, the price of rubber
simple: Sell both the shoe and the story behind it. also began to climb, at an average annual rate of 7.6
Building on a simple slogan that effectively commu- percent. Wages were expected to increase at a rate of
nicated his goal, Mycoskie championed his personal 5.8 percent over a five-year period due to growing
experiences passionately and established deep and awareness of how manufacturers took advantage of
lasting relationships with customers. cheap, outsourced labor.4
Operating from his apartment with three interns To thrive in the footwear manufacturing indus-
he found through Craigslist, Mycoskie quickly sold try, firms needed to differentiate their products in a
out his initial inventory and expanded considerably, meaningful way. Selling good-quality products at a
selling 10,000 pairs of shoes by the end of his first reasonable price was rarely enough; they needed to
year. With family and friends, Mycoskie ventured target a niche market that desired a certain image.
back to Argentina, where they hand-delivered 10,000 Product innovation and advertising campaigns there-
pairs of shoes to children in need. Because he fol- fore became the most successful competitive weap-
lowed through on his mission statement, Mycoskie ons. For example, Clarks adopted a sophisticated
was able to subsequently attract investors to support design, appealing to a wealthier, more mature cus-
his unique business model and expand his venture tomer base. Nike, adidas, and Skechers developed
significantly. athletic footwear and aggressively marketed their
When TOMS was initially founded, it operated brands to reflect that image. Achieving economies
as the for-profit financial arm while a separate entity of scale, increasing technical efficiency, and devel-
entitled “Friends of TOMS” focused on charity oping a cost-effective distribution system were also
work and giving. After 2011, operations at Friends essential elements for success.
of TOMS were absorbed into TOMS’ own opera- Despite the presence of established incumbents,
tions as TOMS itself matured. In Friends of TOMS’s global footwear manufacturing was an attractive
latest accessible 2011 501(c)(3) filing, assets were industry to potential entrants based on the prediction
reported at less than $130,000.3 Moreover, as of of increased demand and therefore sales revenue.
May 2013, the Friends of TOMS website was Moreover, the industry offered incumbents one of
CASE 30 TOMS Shoes: A Dedication to Social Responsibility C-425

the highest profit margins in the fashion industry. But of having a story today is what really separates com-
because competitors were likely to open new loca- panies. People don’t just wear our shoes, they tell our
tions and expand their brands in order to discourage story. That’s one of my favorite lessons that I learned
competition, new companies’ only option was to early on.
attempt to undercut them on cost. Acquiring capital Moving forward, TOMS focused more on sell-
equipment and machinery to manufacture footwear ing the story behind the shoe rather than depending
on a large scale was expensive. Moreover, potential on product features or celebrity endorsements. More-
entrants also needed to launch costly large-scale over, rather than relying on mainstream advertising,
marketing campaigns to promote brand awareness. TOMS emphasized a grassroots approach using social
Thus, successful incumbents were traditionally able media and word of mouth. With nearly 2 million Face-
to maintain an overwhelming portion of the market. book “Likes” and over 2 million Twitter “Followers”
in 2013, TOMS’s social media presence eclipsed that
Building the TOMS Brand of its much larger rivals, Skechers and Clarks. Based
on 2013 data, TOMS had fewer Followers than Nike
Due to its humble beginnings, TOMS struggled to and fewer Likes than both Nike and adidas. However,
gain a foothold in the footwear industry. While com- TOMS had more Followers and Likes per dollar of
panies like Nike had utilized high-profile athletes revenue. Therefore, taking company size into account,
like Michael Jordan and Tiger Woods to establish TOMS also had a greater social media presence than
brand recognition, TOMS had relatively limited the industry’s leading competitors—see Exhibit 2.
financial resources and tried to appeal to a more TOMS’s success with social media advertising
socially conscious consumer. Luckily, potential buy- can be attributed to the story crafted and champi-
ers enjoyed a rise in disposable income over time oned by Mycoskie. Industry incumbents generally
as the economy recovered from the recession. As a dedicated a substantial portion of revenue and effort
result, demand for high-quality footwear increased to advertising since they were simply selling a prod-
for affluent shoppers, accompanied by a desire to act uct. TOMS, on the other hand, used its mission to
(and be seen acting) charitably and responsibly. ask customers to buy into a cause, limiting its need
While walking through the airport one day, to devote resources to brand building. TOMS lets its
Mycoskie encountered a girl wearing TOMS shoes. charitable work and social media presence generate
Mycoskie recounts: interest for the company organically. This strategy
I asked her about her shoes, and she went on to tell me also increased the likelihood that consumers would
this amazing story about TOMS and the model that it make repeat purchases and share the story behind
uses and my personal story. I realized the importance their purchases with family and friends. TOMS’s

EXHIBIT 2 TOMS’s Use of Social Media Compared to Select Footwear


Competitors, 2013
Facebook Twitter

Likes per Followers


2013 Revenue Number of Million $ in Number of per Million
(millions) Likes Revenue Followers $ in Revenue

TOMS $ 210 (est.) 2,215,283 7,384 2,173,377 7,245


Clarks 1,400 241,355 172 22,184 16
Skechers 1,854 1,200,911 648 18,005 10
adidas 19,640 16,340,675 832 961,065 49
Nike 25,280 18,020,656 713 3,138,584 124

Source: Author data.


C-426 PART 2 Cases in Crafting and Executing Strategy

customers took pride in supporting a grassroots him, emphasizing the inseparability of the TOMS
cause instead of a luxury-footwear supplier and product from Mycoskie’s story. In all of his appear-
encouraged others to share in the rewarding act. ances, Mycoskie was dressed in casual and friendly
attire so that customers could easily relate to him
and his mission. This advertising method conveyed
A BUSINESS MODEL a small-company feel and encouraged consumers
DEDICATED TO SOCIALLY to connect personally with the TOMS brand. It also
worked to increase buyer patronage through differ-
RESPONSIBLE BEHAVIOR entiating the TOMS product from others. Consum-
Traditionally, the content of advertisements for many ers were convinced that every time they purchased a
large apparel companies focused on the attractive pair of TOMS, they became instruments of the com-
aspects of the featured products. TOMS’s advertising, pany’s charitable work. Exhibit 3 provides examples
on the other hand, showcased its charitable contribu- of TOMS’s advertisements used in 2013.
tions and the story of its founder, Blake Mycoskie. The company’s social message fueled buyer
While the CEOs of Nike, adidas, and Clarks rarely enthusiasm and led to repeat purchases by many cus-
appeared in their companies’ advertisements, TOMS tomers. One reviewer commented, “This is my third
ran as many ads with its founder as it did without pair of TOMS and I absolutely love them! . . . I can’t

EXHIBIT 3 Examples of TOMS’s Advertisements

Source: www.toms.com.
CASE 30 TOMS Shoes: A Dedication to Social Responsibility C-427

wait to buy more!”5 Another wrote, “Just got my 25th organization that spent almost $100 million in
pair! Love the color! They . . . are my all-time favorite 2012 on providing health care for the poor (more
shoe for comfort, looks & durability. AND they are than TOMS’s total revenue that year), dispersed
for a great cause!! Gotta go pick out my next pair.”6 thousands of shoes to schoolchildren in Rwanda and
Virtually all consumer reports on TOMS shoes Malawi while also screening them for malnutrition.
shared similar themes. Though not cheap, TOMS Cooperative giving further strengthened the TOMS
footwear was priced lower than rivals’ products, and brand by association with well-known and highly
customers overwhelmingly agreed that the value regarded Giving Partners. Complementary services
was worth the cost. Reviewers described TOMS as expanded the scope of TOMS’s mission, enhanced
comfortable, true to size, lightweight, and versatile the impact that each pair of TOMS had on a child’s
(“go with everything”). The shoes had “cute shapes life, and increased the number of goodwill and busi-
and patterns” and were made of canvas and rubber ness opportunities available to TOMS.
that molded to customers’ feet with wear. Because To ensure quality of service and adherence to its
TOMS products were appealing and trendy yet also fundamental mission, TOMS maintained five crite-
basic and comfortable, they were immune to chang- ria for Giving Partners:7
ing fashion trends and consistently attracted a vari-
ety of consumers. • Repeat giving. Giving Partners must be able to
In addition to offering a high-quality product work with the same communities in multiyear
that people valued, TOMS was able to establish a commitments, regularly providing shoes to the
positive repertoire with its customers through effi- same children as they grow.
cient distribution. Maintaining an online shop helped • High impact. Shoes must aid Giving Partners
TOMS save money on retail locations and also with their existing goals in the areas of health and
allowed it to serve a wide geographic range. Further, education, providing children with opportunities
the company negotiated with well-known retail- they would not have otherwise.
ers like Nordstrom and Neiman Marcus to assist in • Consideration of local economy. Providing shoes
distribution. Through thoughtful planning and struc- cannot have negative socioeconomic effects on
tured coordination, TOMS limited its operation costs the communities where shoes are given.
and provided prompt service for its customers. • Large-volume shipments. Giving Partners must
be able to accept large shipments of shoes.
Giving Partners • Focus on health and education. Giving Partners
must give shoes only in conjunction with health
As it continued to grow, TOMS sought to improve its and education efforts.
operational efficiency by teaming up with “Giving
Partners,” nonprofit organizations that helped to dis- As of 2013, TOMS had built relationships with over
tribute the shoes that TOMS donated. By teaming up 75 Giving Partners, including Save the Children,
with Giving Partners, TOMS streamlined its char- U.S. Fund for UNICEF, and IMA World Health.
ity operations by shifting many of its distributional To remain accountable to its mission in these joint
responsibilities to organizations that were often larger ventures, TOMS also performed unannounced audit
and more resourceful and were able to distribute reports that ensured shoes were distributed accord-
TOMS shoes more efficiently. Moreover, these orga- ing to the One for One model.
nizations possessed more familiarity and experience
in dealing with the communities that TOMS was Building a Relationship
interested in helping and could therefore better allo-
cate shoes that suited the needs of children in the area. with Giving Partners
Giving Partners also provided feedback to help TOMS Having Giving Partners offered TOMS the valuable
improve upon its giving and distributional efforts. opportunity to shift some of its philanthropic costs
Each Giving Partner also magnified the impact onto other parties. However, TOMS also proac-
of TOMS shoes by bundling their distribution with tively maintained strong relationships with its Giv-
other charity work that the organization special- ing Partners. Kelly Gibson, the program director of
ized in. For example, Partners in Health, a nonprofit National Relief Charities (NRC), a Giving Partner
C-428 PART 2 Cases in Crafting and Executing Strategy

and nonprofit organization dedicated to improving Footwear Association (AAFA) and was registered
the lives of Native Americans, highlighted the respect with the Fair Labor Association (FLA). Internally,
with which TOMS treated its Giving Partners: TOMS educated its own employees on human traf-
TOMS treats their Giving Partners (like us) and the
ficking and slavery prevention and partnered with
recipients of their giveaway shoes (the Native kids several organizations dedicated to raising awareness
in this case) like customers. We had a terrific service about such issues, including Hand of Hope.9
experience with TOMS. They were meticulous about
getting our shoe order just right. They also insist that Giving Trips
the children who receive shoes have a customer-type
experience at distributions.
Aside from material shoe contributions, TOMS
also held a series of “Giving Trips” that supported
From customizing Giving Partners’ orders to the broader notion of community service. Giving
helping pick up the tab for transportation and dis- Trips were firsthand opportunities for employees
tribution, TOMS treated its Giving Partners as valu- of TOMS and selected TOMS’s customers to par-
able customers and generated a sense of goodwill ticipate in the delivery of TOMS shoes. These trips
that extended beyond its immediate One for One increased the transparency of TOMS’s philanthropic
mission. By ensuring that its Giving Partners and efforts, further engaging customers and employees.
recipients of shoes were treated respectfully, TOMS They generated greater social awareness as well,
developed a unique ability to sustain business rela- since participants on these trips often became more
tionships that other for-profit organizations more engaged in local community service efforts at home.
concerned with the financial bottom line did not. From a business standpoint, the Giving Trips
also represented a marketing success. First, a large
number of participants were customers and journal-
MAINTAINING A DEDICATION ists unassociated with TOMS who circulated their
stories online through social media upon their return.
TO CORPORATE SOCIAL Second, TOMS was able to motivate participants and
RESPONSIBILITY candidates to become more involved in its mission
by increasing public awareness. In 2013, instead of
Although TOMS manufactured its products in Argen- internally selecting customers to participate on the
tina, China, and Ethiopia (countries that have all been Giving Trips, TOMS opted to hold an open voting
cited as areas with a high degree of child and forced process that encouraged candidates to reach out to
labor by the Bureau of International Labor Affairs), their known contacts and ask them to vote for their
regular third-party factory audits and a Supplier Code inclusion. This contest drew thousands of contestants
of Conduct helped to ensure compliance with fair and likely hundreds of thousands of voters, although
labor standards.8 Audits were conducted on both an the final vote tallies were not publicly released.
announced and unannounced basis, and the Supplier
Code of Conduct was publicly posted in the local
language of every work site. The Supplier Code of Environmental Sustainability
Conduct enforced standards such as minimum work Dedicated to minimizing its environmental impact,
age, requirement of voluntary employment, nondis- TOMS pursued a number of sustainable practices
crimination, maximum workweek hours, and right that included offering vegan shoes, incorporating
to unionize. It also protected workers from physical, recycled bottles into its products, and printing with
sexual, verbal, or psychological harassment in accor- soy ink. TOMS also used a blend of organic canvas
dance with a country’s legally mandated standards. and postconsumer recycled plastics to create shoes
Workers were encouraged to report violations directly that were both comfortable and durable. By utilizing
to TOMS, and suppliers found in violation of TOMS’s natural hemp and organic cotton, TOMS eliminated
Supplier Code of Conduct faced termination. pesticide and insecticide use that adversely affected
In addition to ensuring that suppliers met TOMS’s the environment.
ethical standards, TOMS also emphasized its own In addition, TOMS supported several environ-
dedication to ethical behavior in a number of ways. mental organizations like Surfers Against Sewage, a
TOMS was a member of the American Apparel and movement that raised awareness about excess sewage
CASE 30 TOMS Shoes: A Dedication to Social Responsibility C-429

discharge in the United Kingdom. TOMS was a mem- work atmosphere where employees celebrated not
ber of the Textile Exchange, an organization dedicated only their own successes but the successes of their
to textile sustainability and protecting the environ- co-workers
ment. The company also participated actively in the Diversity and inclusion were also emphasized at
AAFA’s Environmental Responsibility Committee. TOMS. For example, cultural traditions like the Chi-
nese Lunar New Year were celebrated publicly on the
TOMS company blog. Moreover, as TOMS began
Creating the TOMS Workforce expanding and distributing globally, the company
When asked what makes a great employee, Mycoskie increasingly sought to recruit a more diverse work-
blogged: force by hiring multilingual individuals who were
familiar with TOMS’s diverse customer base and
As TOMS has grown, we’ve continued to look for
could communicate with its giving communities.12
these same traits in the interns and employees that we
hire. Are you passionate? Can you creatively solve
The emphasis that Mycoskie placed on each
problems? Can you be resourceful without resources? individual employee was one of the key reasons why
Do you have the compassion to serve others? You can employees at TOMS often felt “lucky” to be part of
teach a new hire just about any skill . . . but you abso- the movement.13 Coupled with the fact that TOMS
lutely cannot inspire creativity and passion in someone employees knew their efforts fostered social jus-
that doesn’t have it.10 tice, these “Agents of Change,” as they referred to
themselves, were generally quite satisfied with their
The company’s emphasis on creativity and pas-
work, making TOMS Forbes’s 18th “Most Inspir-
sion was part of the reason that TOMS relied so heav-
ing Company” in 2011. Overall, the culture allowed
ily on interns and new hires rather than experienced
TOMS to recruit and retain high-quality employees
workers. By hiring younger, more inexperienced
invested in achieving its social mission.
employees, TOMS was able to be more cost-effective
in terms of personnel. The company could also
recruit young and energetic individuals who were
more likely to think innovatively and out of the box. FINANCIAL SUCCESS
These employees were placed in specialized teams AT TOMS
under the leadership of strong, experienced manage-
rial talent. This human intellectual capital generated While TOMS remained a privately held company
a competitive advantage for the TOMS brand. with limited financial data, the estimated growth rate
Together with these passionate individuals, of TOMS’s revenue was astounding. In the eight years
Mycoskie strove to create a familylike work atmo- after his company’s inception, Mycoskie was able
sphere where openness and collaboration were cel- to turn his initial $300,000 investment into a com-
ebrated. With his cubicle located in one of the most pany with estimated 2013 revenues of $210 million.
highly trafficked areas of the office (right next to Exhibit 4 presents the company’s estimated revenues
customer service), Mycoskie made a point to inter- for 2006 through 2013. The exhibit also provides total
act with his employees on a daily basis, in all-staff footwear industry revenues for 2006 through 2013.
meetings, and through weekly personal e-mails while The fact that TOMS was able to experience con-
traveling. Regarding his e-mails, Mycoskie reflected: sistent growth despite financial turmoil post-2008
illustrates the strength of the One for One movement
I’m a very open person, so I really tell the staff what to survive times of recession. Mycoskie attributed his
I’m struggling with and what I’m happy about. I tell success during the recession to two factors: (1) As
them what I think the future of TOMS is. I want them consumers became more conscious of their spend-
to understand what I’m thinking. It’s like I’m writing
ing during recessions, products like TOMS that gave
to a best friend.11
to others actually became more appealing (accord-
The notion of “family” was further solidified through ing to Mycoskie); (2) the giving model that TOMS
company dinners, ski trips, and book clubs through employed is not “priced in.” Rather than commit a
which TOMS employees were encouraged to social- percentage of profits or revenues to charity, Mycoskie
ize in informal settings. These casual opportunities noted that TOMS simply gave away a pair for every
to interact with colleagues created a “balanced” pair it sold. This way, socially conscious consumers
C-430 PART 2 Cases in Crafting and Executing Strategy

EXHIBIT 4 Estimated Annual Revenues for TOMS and the Footwear Industry,
2006–2013
TOMS Footwear Industry

Year Revenue (millions) Annual Growth Rate Revenue (millions) Annual Growth Rate

2006 $ 0.2 — $ 74 12.4%


2007 1.2 457% 87 16.8
2008 3.1 156 94 8.5
2009 8.4 168 98 4.0
2010 26.2 212 100 1.6
2011 43.5 66 106 6.2
2012 97.5 124 108 2.6
2013 210.0 115 117 7.5

Source: PrivCo; and “Global Footwear Manufacturing,” IBISWorld, June 2, 2013, clients1.ibisworld.com/reports/gl/industry/
currentperformance.aspx?entid=500.

knew exactly where their money was going without on R&D and craft new brands and product lines that
having to worry that TOMS would cut back on its appealed to different audiences. It was also recom-
charity efforts in order to turn a profit.14 mended that companies investigate how to mitigate
the threat posed by an increase in supply costs.
Production at TOMS In an effort to broaden its mission and product
offerings, TOMS began to expand both its consumer
Although TOMS manufactured shoes in Argentina, base and charitable-giving product lines. For its cus-
Ethiopia, and China, only shoes made in China tomers, TOMS started offering stylish wedges, bal-
were brought to the retail market. Shoes made in let flats, and even wedding apparel in an effort to
Argentina and Ethiopia were strictly used for dona- reach more customers and satisfy the special needs
tion purposes. TOMS retailed its basic Alpargata of current ones. For the children it sought to help,
shoes in the $50 price range, even though the cost TOMS expanded past its basic, black canvas shoe
of producing each pair was estimated at around $9.15 offerings to winter boots in order to help keep chil-
Estimates for the costs of producing TOMS’s more dren’s feet dry and warm during the winter months
expensive lines of shoes were unknown, but they in cold-climate countries.
retailed for more than $150. On another front, TOMS entered the eyewear
In comparison, manufacturing the average pair of market in hopes of restoring vision to the 285 mil-
Nike shoes in Indonesia cost around $20, and they were lion blind or visually impaired individuals around
priced around $70.16 Factoring in the giving aspect, the world. For every pair of TOMS glasses sold,
TOMS seemed to have a slightly smaller markup than TOMS restored vision to one individual either
companies like Nike, yet it still maintained consider- through donating prescription glasses or offering
able profit margins. More detailed information on medical treatment for those suffering from cata-
trends in TOMS’s production costs and practices is racts and eye infections. TOMS recently focused
limited due to the private nature of the company. its vision-related efforts in Nepal and planned to
expand globally as the TOMS eyewear brand grew.
The Future As of 2013, TOMS had teamed up with 15 Giv-
Because demand and revenues were predicted to ing Partners to help restore sight to 150,000 indi-
increase in the global footwear manufacturing indus- viduals in 13 countries. A challenge for Blake
try, incumbents like TOMS needed to find ways to Mycoskie would be to remain focused on the com-
defend their position in the market. One method was pany’s social mission while meeting the mana-
to continue to differentiate products based on qual- gerial demands of a high-growth international
ity, image, or price. Another strategy was to focus company.
CASE 30 TOMS Shoes: A Dedication to Social Responsibility C-431

ENDNOTES
1 6
Groden, Claire. “TOMS Hits 10 Million Mark Post by “Donna Brock.” TOMS website. 13 <http://www.inc.com/magazine/20100601/
on Donated Shoes.” Time. 26 June 2013. January 2014. <http://www.toms.com/women/ the-way-i-work-blake-mycoskie-of-toms-
<http://style.time.com/2013/06/26/ bright-blue-womens-canvas-classics>. shoes.html>.
7 12
toms-hits-10-million-mark-on-donated- TOMS website. 2 June 2013. <http://www TOMS Jobs website. 2 June 2013.
shoes/>. .toms.com/our-movement-giving-partners>. <http://www.toms.com/jobs/l>.
2 8 13
Mycoskie, Blake. Web log post. “Trafficking Victims Protection Reautho- Daniela. “Together We Travel.”
The Huffington Post. 26 May 2013. rization Act.” U.S. Department of Labor. TOMS Company Blog. 3 June 2013.
<http://www.huffingtonpost.com/ 2 June 2013. <http://www.dol.gov/ilab/ <http://blog.toms.com/post/36075725601/
blake-mycoskie/>. programs/ocft/tvpra.htm>. TOMS web- together-we-travel>.
3 14
501c3Lookup. 2 June 2013. site. 2 June 2013. <http://www.toms.com/ Zimmerman, Mike. “The Business of Giving:
<http://501c3lookup.org/ corporate-responsibility>. TOMS Shoes.” Success. 2 June 2013.
9
FRIENDS_OF_TOMS/>. Hand of Hope. “Teaming Up with TOMS <http://www.success.com/articles/852-
4
“Global Footwear Manufacturing.” Shoes.” Joyce Meyer Ministries. 2 June 2013. the-business-of-giving-toms-shoes>.
15
IBISWorld. March 2014. <http://clients1.ibis- <http://www.studygs.net/citation/mla.htm>. Fortune, Brittney. “TOMS Shoes: Popular
10
world.com/reports/gl/industry/keystatistics Mycoskie, Blake. “Blake Mycoskie’s Blog.” Model with Drawbacks.” The Falcon. 2 June
.aspx?entid=500>. Blogspot. 2 June 2013. <http://blakemy- 2013. <http://www.thefalcononline.com/
5
Post by “Alexandria.” TOMS website. coskie.blogspot.com/>. article.php?id=159>.
11 16
2 June 2013. <http://www.toms.com/ Schweitzer, Tamara. “The Way I Work: Blake Behind the Swoosh. Dir. Keady, Jim.
red-canvas-classics-shoes-1>. Mycoskie of TOMS Shoes.” Inc. 2 June 2013. 1995. Film.

You might also like