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VIDEO CASE 4 . 1 : TOMS SHOES EXPANDS ONE - TO - ONE MODEL TO EYEWEAR Summary TOMS is known for its for -
VIDEO CASE : TOMS SHOES EXPANDS ONETOONE MODEL TO EYEWEAR
Summary
TOMS is known for its forprofit philanthropic business model, which allows the company to donate one pair of shoes to a child for every pair of shoes purchased. TOMS is now applying that model to eyewear. For every pair of sunglasses TOMS sells, a person with vision problems in a developing nation receives surgery, prescription glasses, or medical treatment to help restore his or her sight. TOMS takes its obligations for social responsibility seriously by working closely with local humanitarian organizations and striving for a responsible supply chain. Even though they pay higher prices, TOMS customers feel committed to the company because they know that their purchases are going toward a good cause.
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