toms shoes news and archive

Creditors take ownership of Toms Shoes

Toms Shoes has transferred ownership of the company to its creditors to restructure its debt. Reuters first reported the news following a letter sent by the company to its employees at the end of December. Previously, Toms was owned by brand founder Blake Mycoskie and private equity firm Bain Capital. The group of creditors taking over ownership...

Retail

Toms opens flagship in Glendale

Los Angeles - Shoewear company Toms has finally opened its second boutique in Los Angeles. Bowing in Glendale, the flagship will officially open its doors this week. The store will be in a prime shopping location at Glendale’s outdoor shopping center. According to Racked LA, the footwear brand will open its doors this Thursday, June 23. The...