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Toms Shoes' run of dominance in the Social Madness competition presented by Capital One Spark Business came to an end Tuesday, falling to Hard Rock International in the medium-size business bracket.
TOMS started when Mycoskie befriended children in a village in Argentina and found that they had no shoes to protect their feet. Wanting to help, he created TOMS Shoes, a company would give a pair of new shoes to a child in need.
Toms shoes has popularized for the one-for-one social enterprise model by giving a child in need a pair of shoes for each pair purchased by a customer.Now Toms has extended its charities into ecological protection.