Welcome to our dedicated page for My Size news (Ticker: MYSZ), a resource for investors and traders seeking the latest updates and insights on My Size stock.
MySize, Inc. (NASDAQ: MYSZ) delivers AI-powered measurement solutions that transform retail experiences through precise sizing technology. This dedicated news hub provides investors and industry professionals with verified updates on the company’s advancements in apparel tech, omnichannel platforms, and strategic partnerships.
Access real-time announcements including earnings reports, product launches, and technology patents. Our curated feed ensures you never miss critical developments in MYSZ’s cloud-based SaaS offerings or innovations in virtual try-on systems. All content is vetted for accuracy to support informed analysis of this retail tech pioneer.
Key updates cover financial performance, executive appointments, and collaborations with global retailers. Bookmark this page for streamlined tracking of MySize’s progress in reducing e-commerce returns through AI-driven solutions. Check regularly for insights into how their patented algorithms continue reshaping digital shopping experiences worldwide.
MySize, Inc. (Nasdaq: MYSZ) announces the successful implementation of its Naiz Fit sizing solution by Harper & Neyer, a prominent menswear brand in Spain. This integration aims to minimize returns due to sizing issues across Harper & Neyer's global e-commerce platforms. With 21 stores in Spain, France, Italy, Andorra, Portugal, and Mexico, Harper & Neyer targets active men seeking stylish outfits. MySize's CEO highlights Naiz Fit's growing prominence among European fashion retailers, leveraging local marketing and service for enhanced adoption. This collaboration marks a step forward for MySize's portfolio aiming at revenue growth through AI-driven measurement solutions.
MySize, Inc. (NASDAQ: MYSZ) has received a Notice Allowance from the Canadian Intellectual Property Office for its patent on a method to measure body parts using handheld electronic devices. This patent, which is part of a growing portfolio of approximately 20 issued and pending patents, reinforces MySize's commitment to enhancing AI-driven measurement solutions in the retail sector. The company's technology leverages smartphone sensors for accurate sizing, benefiting over 1,000 apparel retail clients like Levi's and Speedo. CEO Ronen Luzon noted the increasing value of their patent estate, correlating with improved economic efficiency and environmental sustainability metrics.
MySize, Inc. (NASDAQ: MYSZ) has successfully launched its Naiz Fit sizing solution with Natura, a Spain-based eco-friendly brand. Customers can now take measurements via the Naiz Fit app, enhancing apparel fit across Natura's 200 stores in Spain, Portugal, Italy, and Andorra. This collaboration aims to significantly cut returns, projected to improve purchase confidence by 40% and reduce returns by 50%. MySize's recent acquisition of Naiz Fit strengthens its presence in the European market, aligning with Natura's sustainability goals. This partnership showcases MySize's commitment to driving growth and cost efficiency in the retail sector.
MySize, Inc. (MYSZ) has announced a concurrent registered direct offering and private placement of 441,899 and 540,098 shares of common stock, respectively, priced at $3.055 per share. The total expected gross proceeds from both offerings are approximately $3.0 million. Series A and B warrants will also be issued, with an exercise price of $2.805 per share. Proceeds are intended for general corporate purposes. The offerings are expected to close by January 12, 2023.
MySize, Inc. (NASDAQ: MYSZ) announced its participation in the National Retail Federation's NRF 2023 Retail's Big Show from January 14-17 in New York City. The company will showcase its AI-driven products such as the FirstLook Smart Mirror and digital sizing solutions including MySizeID. The event is recognized as a pivotal gathering for retail innovations aimed at enhancing sustainability and efficiency within the industry.
MySize, Inc. (NASDAQ: MYSZ) announced a partnership with Estudio de Moda S.A.S to implement its MySizeID sizing solution on Diesel's ecommerce platform in Colombia. This initiative supports Diesel's commitment to achieve net-zero GHG emissions by 2030, aiming to reduce the estimated 70% of ecommerce returns related to sizing issues. MySizeID leverages AI to enhance fit accuracy, thereby improving customer satisfaction and operational efficiency.
MySize, Inc. (NASDAQ: MYSZ) announced that its CEO, Ronen Luzon, was interviewed on Newsy's "Morning Rush" on December 27, 2022. The company, known for its AI-driven measurement solutions aimed at e-commerce and retail, highlighted its innovative technology and recent developments, such as the FirstLook Smart Mirror. This touch-display technology is set to enhance customer experiences in physical stores and increase revenues through sales and recurring service fees. MySize continues to focus on driving revenue growth and reducing costs for its business clients.
My Size, Inc. (NASDAQ: MYSZ) has officially regained compliance with Nasdaq's Listing Rule 5550(a)(2), which requires a minimum bid price of $1.00 per share. This status follows the stock's closing bid price being at or above $1.00 for ten consecutive business days. The compliance issue is now resolved, and Nasdaq has closed the matter. My Size offers AI-driven measurement solutions aimed at enhancing revenue growth and reducing costs for businesses.
MySize, Inc. (NASDAQ: MYSZ) announced that its CEO, Ronen Luzon, was featured on Newsmax's National Report on December 22, 2022. The discussion highlighted MySizeID, a high-tech sizing solution aimed at reducing online clothing returns. The company leverages AI-driven measurement technology to enhance e-commerce platforms. Recently, it launched the FirstLook Smart Mirror, which enhances in-store shopping experiences. MySize aims to drive revenue growth and cut costs for clients through advanced measurement solutions.