Cole Haan and Slack Collaborate on Sneakers in Slack Colors

Designer and retailer Cole Haan has partnered with Slack  (WORK) – Get Report to create a limited edition range of sneakers in the colors of the business-collaboration platform’s logo.

The footwear collection is designed based on Slack’s color palette — blue, red, lemon, and green — on Cole Haan’s bright white sneakers.

“Cole Haan, with a little help from Slack, is able to completely rewrite the rules for modern-day footwear,” said Julie Liegl, chief marketing officer at Slack, in a statement.

“Collaboration is key to bringing any product to life, and it’s especially rewarding when it’s a product we can physically see.”

The Slack-styled footwear is part of Cole Haan’s Generation Zerogrand brand, known for its modern and casual silhouette. 

The sneakers, priced at $120, are available on Cole Haan’s website and at select international stores starting Wednesday.

The Zerogrand collection is unisex. Cole Haan plans to produce the sneakers in men’s U.S. sizes 4 to 14, comparable to women’s sizes 6 to 16.

“Slack’s innovative capabilities have proven to be a valuable tool and asset for our company,” said David Maddocks, brand president of Cole Haan, which is a Greenland, N.H., portfolio company of the London private-equity firm Apax Partners.

“We are both fortunate to be avid Slack users as well as a Slack friend and partner,” Maddocks added.

Last month Slack hired Nadia Rawlinson, Live Nation’s chief of human resources, to lead HR at the business-communications platform.

For the quarter ended July 31 Slack reported a net loss of 13 cents a share against a loss of 98 cents in the year-ago quarter. Revenue rose 49% to $215.9 million from $145 million.

The messaging tool has seen use of its messaging and other functions surge during the pandemic.

Shares of Slack at last check were up

ACI Worldwide and Mastercard to Collaborate and Advance New Payment Solutions and Experiences for Customers

ACI and Mastercard will begin their collaboration by working together to offer industry-leading technology and expertise to central banks, scheme operators and market participants to fast-track the migration and modernization of real-time payment solutions around the world

ACI Worldwide (NASDAQ: ACIW), a leading global provider of real-time digital payment software and solutions, and Mastercard, the global multi-rail payments technology company, today announced that they will partner to provide a wide range of real-time payment solutions globally. They will initially collaborate to offer best-in-class central infrastructure, payments localization and access solutions to central banks, scheme operators, financial institutions, payment service providers, and other organizations launching real-time payments initiatives.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200929005265/en/

The real-time account-to-account payments market continues to quickly expand. Prime Time for Real-Time — a recent study analyzing global real-time, account-to-account payment volumes and forecasts across 30 global markets — projects a Compound Annual Growth Rate (CAGR) of 23.4 percent from 2019 to 2024. While existing schemes around the world are adding new participants and value-added services, additional country and regional schemes are launching each year, including more than 20 schemes in varying planning stages.

With a complementary real-time payments vision, the combination of Mastercard’s central infrastructure and ACI’s payments access and real-time message transformation technology delivers an unmatched end-to-end offering. The new joint solution delivers key benefits including:

  • Flexible deployment options — Mastercard and ACI collaboration provides deployment options that range from a fully managed service in the cloud, to supporting on-premise software for government, central bank and system operator-owned platforms

  • Ability to support existing local market requirements — the joint solution reduces the amount of time to onboard participants and provides flexibility to accelerate real-time adoption

  • ISO20022-first approach — joint real-time capabilities support organizations today and tomorrow, and provide translation