Company
MySize Inc
NASDAQ:MYSZ
MySize Inc has developed a unique measurement technology based on sophisticated algorithms and cutting-edge technology with broad applications, including the apparel, e-commerce, DIY, shipping, and parcel delivery industries. This proprietary measurement technology is driven by several algorithms that are able to calculate and record measurements in a variety of novel ways.
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MySize sees big jump in 3Q revenue following Orgad acquisition
The omnichannel eCommerce platform and provider of AI-driven measurement solutions posted $726,000 in third-quarter revenue, up 2,242% compared to the same year-ago period
MySize increases foothold in European fashion industry, thanks to expanded SaaS products
"MySize can now leverage its European headquarters in Spain to better reach and serve a global customer base, creating solid, steady growth for our high-margin SaaS fashion-tech solutions," said CEO Ronen Luzon
MySize acquires Spain's Naiz Fit to become leading digital measurement provider in fashion industry
Israel-based MySize said it is purchasing Naiz Fit for US$500,000 in cash and six million shares, and up to an additional $1,550,000 in future cash based on performance milestones plus a shortfall payment of approximately $450,000 payable i
MySize and Santista Textil create joint venture to serve Brazilian apparel market with sizing technology and sustainability solutions for retailers
Access to MySizeID can reduce returns for Santista brands by up to 50%
MySize posts huge 2Q revenue jump; reiterates 2022 revenue guidance of at least $5M
For 2Q, the company posted revenue of $801,000, compared to $30,000 for the same quarter in 2021, with MySize attributing the increase to revenue generated to its recent acquisition Orgad
MySize to license MySizeID to luxury British fashion brand Temperley London for online shopping app
MySizeID will help Temperley London customers generate highly accurate measurements of their bodies in order to select the optimal size through an app on their mobile devices
MySize strikes deal with 7 For All Mankind (Brazil) for clothing customers to find perfect fit
"We are excited to work with a leading brand in Brazil that serves high-end savvy customers within the denim-fashion field," said Ronen Luzon, CEO and founder of MySize
MySize says it is positioned to serve the rise of hybrid retail with its FirstLook Smart Mirror
MySize CEO Ronen Luzon said the launch of the FirstLook Smart Mirror was ideally timed with the rise of hybrid shopping and with consumers' desire to reduce their environmental impact, which was significant as it related to apparel returns
Hardware & electrical equipment
MySize says FirstLook Smart Mirror and AI-driven MySizeID to feature at Product Innovation Apparel New York 2022
“We've deployed our AI-driven, big data, smart phone-based sizing tool, MySizeID, to redefine the use of mirrors in physical retail stores,” said company founder and CEO Ronen Luzon
MySize sees record 1Q revenue growth after February acquisition of omnichannel ecommerce platform Orgad
The company posted revenue of $404,000, a 1,400% increase year-over-year from $27,000
My Size positioned for changing shopping habits and the shift to the metaverse
The company is focused on growing the presence of its MySizeID and FirstLook Smart Mirror technologies across retailers globally as it looks for opportunities to expand into the metaverse
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MySize says it is confident about the future as it grows recurring revenue
'We strongly believe in our actions over the past year and more specifically, recently, in building a strong and valuable company for the future,' CEO Ronen Luzon said
MySize acquires Orgad, an omnichannel e-commerce platform with a presence on Amazon.com
“By using MySize technology, Orgad will be able to increase its profitability by increasing conversion rates and reducing costly returns, which also improves their sustainability," the company's CEO Ronen Luzon said
MySize launches FirstLook Smart Mirror, its ultimate omnichannel solution for retailers
FirstLook Smart Mirror is an interactive, mirror-like touch display that provides shoppers in physical stores with an enhanced, online shopping experience and contactless checkout
My Size announces appointment of Javier Brandwain as its first-ever chief commercial officer to accelerate revenue growth
The company noted that Brandwain brings significant global experience in retail and the fashion industry, and held numerous leadership roles in business development, operations, and international markets, which are specifically relevant for
HC Wainwright reiterates Buy rating and $2 price target on My Size as it presides on a ‘sizable’ opportunity
Analysts at HC Wainwright said My Size Inc has accumulated “a substantial list of new contract wins, serving to bolster confidence in a sound upward sales trajectory” supported by familiar brands