Earlier this month, TOMS, charitable footwear company announced that it sold a 50 percent stake to Boston-based private equity firm Bain Capital. The company is best known for its canvas casual shoes and buy-one-give-one campaign, which gives shoes to children in need. TOMS was reportedly valued by Bain at $625 million. TOMS did not disclose […]
While a lot of us may know in the back of our minds that a lot of the food or clothes we purchase may not be ethically made, a lot of us choose to forget it. Not everyone has money to donate or time to volunteer, but you can help make a change by paying […]
For a long time, causes and capitalism ran on parallel yet separate tracks: philanthropists and entrepreneurs alike worked endlessly in order to gain attention and support from the public. Companies sought profit while charities sought aid. Today more consumers are seeking products, services, and retailers that use their influence and their means to support a […]