Haitian Economy: Toms Shoes Will Invest $10 Million in Haiti

Repeating Islands

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Blake Mycoskie, TOMS Founder and “Chief Shoe Giver,” announced at the meeting of Clinton Global Initiative (CGI) held in New York, and attended by the Prime Minister, Laurent Lamothe, that his company will invest $10 million in building a shoe factory in Haiti and start production in January 2014.

“TOMS is extremely proud and excited to make this commitment, and we would not be in this position if it wasn’t for President Clinton’s ongoing leadership and inspiration,” said Mycoskie. “Three years ago at CGI the President asked me to help support the people of Haiti, and TOMS responded by giving hundreds of thousands of new pairs of shoes to children in need. Today, our dedication to Haiti is so much greater, and we look forward to creating jobs and opportunities in Haiti over the next several years.”

At present, TOMS shoes are manufactured in China, Argentina, Kenya and Ethiopia. The…

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