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Video: The rise and fall of footwear brand Toms

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Video: The rise and fall of footwear brand Toms

By FashionUnited

28 May 2020

At one point, shoe brand Toms was valued at 625 million dollars. Today however, the company is struggling with massive debt. Founded by Blake Mycoskie, the Toms mission was to give back with its' "One for One" donation model. Business Insider looks into what went wrong with Toms and analyses why it had trouble growing beyond its original product and branding.

Source: Business Insider, via YouTube