My Size Stock Price, News & Analysis

MySize Inc. (NASDAQ: MYSZ) has appointed Borja Cembrero Saralegui as Chief Growth Officer to drive global expansion and circular fashion strategy. Saralegui, former CEO and co-founder of Naiz Fit (acquired by MySize in 2022), brings extensive experience in fashion-tech innovation and AI deployment in retail. In his previous role, he successfully scaled Naiz Fit's AI-powered sizing technology across 18+ countries, working with major brands like Desigual and Canali. As CGO, he will lead international expansion, explore M&A opportunities, and strengthen MySize's position in AI-powered fashion solutions. The appointment comes amid MySize's recent innovations, including Virtual Try-On solutions and Naiz Fit's Generative AI strategy, as well as the company's entry into circular fashion through the Percentil acquisition.

MySize Inc. (NASDAQ: MYSZ) has acquired key assets of Percentil, a leading second-hand fashion marketplace operating in Spain, France, Germany, and Italy, through its new Spanish subsidiary. The acquisition, valued at approximately €610,000 ($679,000), includes a €40,000 cash payment and assumption of €570,000 in liabilities.

The deal brings in Percentil's 17 employees, warehouse infrastructure, AI-powered pricing engine, and inventory of 120,000 quality-vetted garments. MySize expects the Percentil unit to generate $1.5 million in revenues in H2 2025, representing a 25% increase to total revenue. The company plans to reposition Percentil as a premium marketplace and launch a B2B 'Circularity as a Service' solution, enabling brands to monetize overstock and returns. The acquisition aligns with upcoming EU regulations requiring fashion brands to implement reuse and recycling frameworks.

MySize (NASDAQ: MYSZ) has issued a strategic outlook for 2025, highlighting significant developments and future plans. The company has signed two Letters of Intent (LOIs) for potential acquisitions in the second-hand apparel and AI shoe technology sectors. Financial performance in 2024 showed an 18% year-over-year revenue growth, doubled cash reserves, and a 37% reduction in net loss.

The company's roll-up strategy has successfully integrated Orgad and Naiz Fit into the MySize Group, contributing to revenue generation and operational efficiency. MySize is expanding geographically, particularly with Orgad's entry into major European markets, while strengthening its leadership team with experienced executives.

The company is leveraging data from its group companies, especially Naiz Fit, to develop AI-powered solutions for retail optimization. MySize aims to combine AI, big data, and strategic acquisitions to lead the retail technology revolution while progressing toward profitability.

MySize (NASDAQ: MYSZ) reported strong financial results for FY2024, with total revenue increasing 18% to $8.26 million compared to $7.00 million in 2023. The company significantly improved its financial position, with cash and cash equivalents more than doubling to $4.88 million, up from $2.19 million.

Key financial metrics show substantial improvement, including a 37% reduction in net loss to $3.99 million and a 46% increase in shareholders' equity to $6.91 million. Total assets reached $10.06 million while liabilities decreased to $3.15 million.

Operational highlights include the adoption of MySize's AI-driven sizing platform by over 100 fashion brands and continued growth of the Orgad e-commerce division. The company expanded its technology ecosystem through integrations with major platforms like Shopify, Magento, and Salesforce.

MySize Inc (NASDAQ: MYSZ), an omnichannel e-commerce platform and AI-driven measurement solutions provider, has announced the appointment of Roy Golan to its Board of Directors. Golan brings over 20 years of financial leadership and corporate finance expertise, with significant experience in IPOs, fundraising, and M&A transactions.

The appointment comes at a strategic time as MySize focuses on accelerating growth and enhancing its market position. The company believes that adding Golan's financial expertise to the Board will strengthen its strategic execution and boost investor confidence. CEO Ronen Luzon emphasized that Golan's experience in corporate finance and strategic transactions aligns with MySize's mission to scale the business and deliver long-term shareholder value.

MySize Inc. (NASDAQ: MYSZ) has announced the launch of its Integrated Virtual Try-On Solution, combining Naiz Fit's sizing technology with Aiuta's virtual try-on capabilities. Following successful presentations at CES and NRF 2025, the company is in discussions with several leading U.S. fashion brands.

The integrated solution offers comprehensive personalization through accurate size recommendations and visualization tools, aiming to enhance customer experience and reduce returns. According to studies, virtual try-on technology can increase conversion rates by up to 40% and reduce return rates by approximately 20%.

The company is targeting formal partnerships by Q2 2025, supporting its goal of achieving a $15 million revenue target in 2025. The solution focuses on improving key retail metrics while supporting sustainability through reduced returns and optimized inventory planning.

MySize (NASDAQ: MYSZ), a provider of AI-driven sizing solutions, announces its participation in CES 2025 and NRF 2025 to showcase new retail technology innovations. The company will present several key innovations:

- An AI-powered virtual try-on solution integrated with Size Recommendations engine
- True Feedback community app providing real-time customer insights and brand perception data
- Kids AI solution offering size recommendations based on growth pattern algorithms
- Smart Catalogue for real-time size chart updates
- Naiz Fit Connector platform enabling collaboration with advanced technology providers

These innovations aim to enhance online shopping experiences, reduce return rates, and optimize garment design through AI and machine learning capabilities.

MySize Inc. (NASDAQ: MYSZ) has announced raising $3 million through the exercise of outstanding warrants, as disclosed in an SEC filing on December 30, 2024. The company plans to utilize these funds to support strategic growth initiatives, including expanding Orgad's capabilities, pursuing M&A opportunities, advancing technology development, and scaling sales efforts.

The funding will specifically focus on enhancing Orgad's operational efficiencies, growing inventory, and expanding its presence across e-commerce platforms. Additionally, MySize aims to accelerate R&D efforts in AI and big data solutions for retailers, while supporting the company's 2025 milestones.

MySize (NASDAQ: MYSZ) anticipates closing 2024 with $8.5 million in revenue, marking a 23% year-over-year growth, and projects $15 million in revenue by 2025. The company's e-commerce platform, Orgad, is expanding from North America to Europe after receiving certification as a supplier for a major European retailer.

Their AI-driven sizing solution, Naiz Fit, has delivered over 42 million size recommendations across 18+ countries, achieving a 5.7x increase in conversion rates, 14% reduction in return rates, and 27% boost in average order value. MySize is actively exploring M&A opportunities to enhance growth and scale operations, focusing on companies aligned with their AI-driven sizing solutions and e-commerce platforms.