TOMS, soleRebels and Nisolo all aim to be social change agents, but whose business model is the most effective?
Most of you are familiar with the TOMS Shoes One for One business model: a promise that for every pair of TOMS shoes you buy, a free pair will be given to a child in need.
We love TOMS, like the millions of do-good fashionistas of the USA. But... is TOMS creating a valuable social impact or is this just a charity marketing ploy? Importantly, what are the alternatives?