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) has acquired Orgad, an omnichannel e-commerce platform with a global presence, including the U.S. and Europe. Orgad generated approximately $2.5 million in revenue in 2021 and operates profitably. The acquisition aims to enhance MySize’s direct e-commerce capabilities by integrating MySizeID into Orgad’s platform, expected to reduce costly returns and increase operational profits. The transaction involves cash payments of up to $1 million and 2,790,049 shares of MySize common stock, with additional earn-out payments based on revenue targets.
MySize, Inc. (NASDAQ: MYSZ) has launched the MySizeID FirstLook Smart Mirror, an innovative interactive display designed to enhance the in-store shopping experience. This product allows customers to receive personalized size recommendations and streamline contactless checkout. The Smart Mirror was positively received at the NRF 2022 event and integrates with GK Software's solutions. Priced between $8,000 and $12,000, with a $160 monthly service fee, it aims to increase sales conversions and reduce return rates within physical retail environments.
My Size, Inc. (NASDAQ: MYSZ) has appointed Javier Brandwain as its first Chief Commercial Officer. Brandwain brings extensive experience from leading roles in the fashion and retail industries, recently at 7 For All Mankind. His expertise will drive business development and expansion, particularly targeting new markets. With over 1,000 retail clients, My Size aims to leverage its $10 million cash balance for accelerated revenue growth. The leadership change is seen as pivotal in boosting global sales efforts and enhancing MySizeID's value in e-commerce.
MySize, Inc. (NASDAQ-CM: MYSZ) announced its participation in NRF 2022: Retail's Big Show, taking place from January 16-18, 2022, in New York City. This high-profile event aims to showcase their AI-driven measurement solutions, including the newly launched MySize Smart Mirror, designed to enhance retail shopping experiences. CEO Ronen Luzon emphasized the company's growth, surpassing 1,000 clients in 2021, and the potential of their MySizeID technology to improve conversion rates and reduce returns for retailers.
MySize, Inc. (NASDAQ: MYSZ) announced a partial adjournment of its 2021 Annual Meeting of Stockholders, specifically for Proposal 3 concerning the classification of the Board into three classes with three-year terms. Although this proposal has received over 95% approval from votes cast, it requires more than 50% of all outstanding shares as of November 4, 2021, for final approval. The meeting will reconvene on January 6, 2022, at 10:00 AM ET. Stockholders who haven't voted are encouraged to participate, while those who have submitted proxies do not need to vote again.
My Size, Inc. (NASDAQ: MYSZ) announced a settlement agreement with Todd Ault and related parties, resolving a lawsuit regarding Section 16(b) of the Securities Exchange Act of 1934. The Company agreed to withdraw its lawsuit against the Ault Parties, who in turn have also withdrawn their counterclaim. This settlement eliminates ongoing legal disputes and may allow the company to refocus on its measurement technology business.
MySize, Inc. (NASDAQ: MYSZ) has entered into a partnership with GANT Turkey to integrate MySize's measurement application into GANT's e-commerce platform. This collaboration aims to enhance the online shopping experience by addressing sizing challenges, ultimately reducing return rates and improving profitability for retailers. MySize utilizes patented algorithms to standardize sizing, increasing customer satisfaction. CEO Ronen Luzon emphasizes the potential for growth by extending their technology to other brands within the Maus Frères group.
MySize, Inc. (NASDAQ: MYSZ) announced a major expansion in Russia by partnering with four tier 1 retailers, including Lacoste and SimaLand, along with several others. This move aims to enhance MySize's AI-driven measurement solutions, improving online conversion rates and reducing returns for these retailers. The CEO noted that the pandemic has spurred e-commerce growth in Russia, making this an optimal time for advancement. MySize's proprietary technology supports various industries and significantly enhances user experience and engagement.
MySize, Inc. (NASDAQ: MYSZ) will participate in H.C. Wainwright's 7th Annual Israel Conference on November 15, 2021. The virtual event features company presentations and 1-on-1 meetings. MySize's CEO, Ronen Luzon, will present at 10:30 AM ET, discussing the company's AI-driven measurement solutions aimed at enhancing revenue and reducing costs in sectors like apparel, e-commerce, and shipping. This conference provides a platform to highlight MySize's recent progress and innovations.
My Size, Inc. (NASDAQ: MYSZ) has entered a cooperation agreement with Custodian Ventures LLC, concluding their public campaign and lawsuits. The Company aims to enhance shareholder value through acquisitions while focusing on commercializing MySizeID. CEO Ronen Luzon stated the strategic plan includes new partnerships with Wix eCommerce and others, which could increase market share. The Agreement will be filed with the SEC, and the Company plans to schedule its 2021 Annual Meeting of Stockholders.