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.
My Size, Inc. (NASDAQ: MYSZ) is an AI-powered fashion technology and retail solutions company whose news flow reflects its focus on sizing intelligence, circular fashion, and data-driven retail. This page aggregates press releases, market updates, and other coverage related to MySize’s operations, strategy, and financial reporting.
Readers can expect news about AI-driven sizing platforms such as MySizeID and Naiz Fit, developments in footwear fit-tech through ShoeSize.Me, and updates on the company’s fashion and equipment e-commerce business Orgad. Coverage also includes announcements about Percentil, MySize’s European resale platform that operates in Spain, Italy, Germany, and France and is positioned within Europe’s circular fashion economy.
MySize’s communications frequently highlight its global expansion, including activity across Europe, Latin America, the United States, and the Asia-Pacific region. News items may discuss strategic focus on regions such as APAC, relationships with brands and retailers, participation in industry conferences, and the evolution of its AI roll-up strategy in retail and fashion.
Investors and industry observers will also find financial results and SEC-related disclosures referenced in company press releases, including quarterly performance updates and CEO letters to shareholders that describe platform integration, revenue trends, and strategic priorities. Product and technology news, such as the launch of NaizGPT, a conversational AI assistant for retail teams, and enhancements to overstock management and data intelligence capabilities, are also part of the regular news flow.
By following this news page, users can review a historical record of MySize’s announcements on AI-powered fashion technology, resale and circular fashion initiatives, acquisitions, and corporate governance events tied to the MYSZ ticker.
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.
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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.