Bombas

Last updated

Bombas
Industry Clothing
Founded2013;12 years ago (2013)
Founders
  • Randy Goldberg
  • David Heath
Headquarters,
Website bombas.com

Bombas is an American apparel brand. The company is known mainly for their socks, but has since expanded into other clothing categories. The majority of its sales are made direct-to-consumer, augmented by a small percentage from wholesale partners. [1] For every item purchased, a clothing item is donated to a homeless shelter or homelessness-related charity.

Contents

History

Bombas launched in 2013, after founders Randy Goldberg and David Heath [2] learned that socks are the most requested clothing item in homeless shelters. [3] They established the brand's mission to donate one pair of socks for every pair purchased. [3]

The company first received funding in 2013, raising nearly $145,000 through the crowdfunding website Indiegogo. A year later, the company raised $1 million in seed funding from friends and family. [4] The founders appeared on a September 2014 episode of ABC's Shark Tank and secured a deal with Daymond John. [5] [1] In 2018, the company exceeded $100 million in revenue. [6]

In 2019, Bombas added T-shirts to their range. [7] It later expanded into other clothing and the underwear and footwear categories. [8] By April 2020, Bombas had donated 35 million pairs of socks. [9]

In June 2020, Bombas released a collection of socks for which the company would donate an apparel item to a charity supporting LGBTQ youth for each item purchased. [10] As of October 2023, the company has done $1.3 billion in retail sales. [11]

In 2024, Bombas participated as one of the brand partners in the merchandising campaign for the first film of the two-part film adaptation of the musical Wicked for Universal Pictures. [12] [13] [14] As of 2025, the company has given more than 150 million products to people experiencing homelessness across the U.S. [1]

In 2025, the company began opening physical stores. The first Bombas store opened in October 2025 in New York City. [15]

See also

References

  1. 1 2 3 Peele, Anna (August 25, 2025). "How Bombas Built a Fancy Socks Empire With $500 Million in Sales". Bloomberg News . Archived from the original on September 7, 2025. Retrieved October 20, 2025.
  2. Segran, Elizabeth (July 29, 2017). "Getting Startups Fired Up About Social Justice, One Sock At A Time". Fast Company . Archived from the original on November 12, 2018. Retrieved October 25, 2017.
  3. 1 2 D'Innocenzio, Anne (August 19, 2018). "Online socks seller Bombas mixes commerce and charity". Associated Press . Archived from the original on September 28, 2023. Retrieved November 8, 2019.
  4. Gelles, David (March 19, 2016). "Selling High-End Socks by Giving Them Away" . The New York Times . Archived from the original on September 2, 2017. Retrieved October 25, 2017.
  5. Montag, Ali (August 22, 2017). "How Daymond John faced failure and ended up winning big". CNBC . Archived from the original on August 22, 2017. Retrieved April 30, 2023.
  6. Weisul, Kimberly (May 16, 2019). "Bombas: Charitable at the Start, Profitable by Year 3, and Only 3 Employees Have Ever Quit". Inc. Archived from the original on March 31, 2020. Retrieved November 8, 2019.
  7. Flammia, Christine (April 15, 2019). "Your Favorite Sock Brand Just Launched T-shirts". Esquire . Archived from the original on April 28, 2019. Retrieved October 20, 2025.
  8. Chen, Cathaleen (October 16, 2025). "Millennials' Favourite Sock Brand Is Finally Opening a Store". The Business of Fashion . Archived from the original on October 17, 2025. Retrieved October 20, 2025.
  9. Ismael, Amir (September 25, 2025). Kap[lan, Sally (ed.). "Bombas socks review: The most comfortable and durable socks we've tested for 8 years and counting". Business Insider . Axel Springer SE. Archived from the original on November 15, 2025. Retrieved April 21, 2020.
  10. Miller, Charlie; Miller, Carballo (May 12, 2020). "Celebrate LGBTQ Pride Month With Gear From Brands That Give Back". Footwear News . Archived from the original on May 24, 2020. Retrieved May 29, 2020.
  11. Manalang, Ashlee (January 25, 2025). "Bombas Socks – $100 Million Shark Tank Success Story". TechieGamers. Archived from the original on April 17, 2025. Retrieved December 26, 2025.
  12. Hall, Margaret (May 21, 2024). "Barbies and LEGO and Bears, Oh My! A Wicked Movie Merch Bonanza Is On the Horizon". Playbill . Archived from the original on August 22, 2024. Retrieved December 29, 2024.
  13. "'Wicked' Product Collaborations Named". LicenseGlobal. May 20, 2024. Archived from the original on May 21, 2024. Retrieved June 4, 2024.
  14. Keates, Emma (May 21, 2024). "Wicked is defying fans not to buy its merch". The A.V. Club . Archived from the original on September 19, 2024. Retrieved June 4, 2024.
  15. Jansen, Caroline (October 17, 2025). "After more than a decade, Bombas is opening stores". Retail Dive. Archived from the original on October 17, 2025. Retrieved October 20, 2025.