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Footwear founder donates book proceeds
LOS ANGELES — Blake Mycoskie, founder of the Toms shoe brand, has donated 100% of the proceeds from his bestselling book “Start Something That Matters.”
Mycoskie has established the Start Something That Matters Foundation with the book’s proceeds, approximately $300,000, to benefit social entrepreneurs and students around the world. The first three recipient organizations of the new fund are the Dell Social Innovation Challenge, Echoing Green and GOOD.is.
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Headline risk is back at Walmart
Never ones to let a good disaster go to waste, anti-Walmart forces have alerted the media to an event being held outside Walmart’s Washington, DC office.
Walmart has taken a lot of heat since last month when it was learned that a factory in Bangladesh where 112 people died in fire was being used by a Walmart supplier. Even though the facility was not on Walmart’s list of approved facilities, the incident renewed sentiment that Walmart’s quest for low prices causes its suppliers to cut corners.