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Israeli based leading fashion technology company MySize Inc. Expands Strategic Focus on APAC Amid Growing Demand for AI-Driven Fashion Technology and Overstock Management Solutions
Prnewswire· 2026-01-14 14:00
"We view APAC as a long-term strategic growth region," added Luzon. "With our technology already validated by leading global brands and our expanding international operational capabilities, we are confident in our ability to scale efficiently and create meaningful value for partners and shareholders alike." MySize expects continued engagement with fashion brands, retailers, and industry stakeholders across APAC throughout 2026 as it advances its global expansion strategy. About My Size, Inc. TEL AVIV, Israe ...
MySize Explores Unlocking the "DNA of Fashion" Through Privacy-First Data Intelligence
Prnewswire· 2026-01-13 13:45
Core Insights - MySize, Inc. is evaluating new opportunities to monetize its portfolio of aggregated and anonymized data intelligence assets in a responsible manner [1] Data Intelligence Insights - MySize's platforms have generated large-scale, privacy-compliant insights related to apparel fit trends, sizing mismatches, and product-level performance across brands and retailers, derived exclusively from anonymized and aggregated data [2] - The company is developing a secure Data Intelligence Framework to provide brands, manufacturers, and industry partners with access to insights that support demand planning, inventory optimization, customer trends, product design, and sustainability initiatives [3] Business Model Exploration - MySize is assessing usage-based digital access models, such as data credits, allowing enterprise customers to consume insights in a controlled, transparent, and scalable manner, built with a privacy-first approach and in compliance with data protection regulations like GDPR and CCPA [4] - The initiative remains in an exploratory phase, with no assurance regarding the timing, scope, or potential financial impact of future commercialization [5]
MySize Inc. Advances AI Roll-Up Strategy in Retail and Fashion Through Targeted Acquisition Focus
Prnewswire· 2026-01-09 13:15
Core Insights - MySize, Inc. is advancing its strategic initiative to build a scalable AI-driven platform through the identification and potential acquisition of complementary technology companies [1][2] Group 1: Strategic Approach - The company's strategy is centered on a disciplined "AI roll-up" approach, focusing on selectively acquiring businesses with proven technologies, proprietary data assets, and established customer relationships [2] - This approach aims to accelerate innovation, expand market reach, and enhance value delivered to retailers and brands globally [2] Group 2: Evaluation of Opportunities - MySize is evaluating opportunities beyond pure technology companies, including retail and commerce-oriented businesses that can benefit from its AI capabilities, data infrastructure, and operational expertise [3] - The company is building a diversified, integrated fashion platform designed to serve brands and retailers across the full value chain, combining AI technology, circular fashion, recommerce, overstock management, and international growth [3] Group 3: Operational Integration - MySize intends to leverage its operational experience, technology infrastructure, and growing global footprint to integrate acquired capabilities into its platforms, including Naiz Fit, while driving both organic and inorganic growth [4] - The CEO of MySize emphasized that the retail and fashion industries are entering a new phase where scale, data, and AI capabilities will increasingly determine long-term winners [4] Group 4: Company Overview - MySize, Inc. is a global leader in omnichannel e-commerce platforms and AI-driven sizing solutions, designed to drive revenue growth, reduce operational costs, and enhance customer experiences for business clients worldwide [5]
MySize Issues CEO Letter to Shareholders
Prnewswire· 2025-12-29 13:09
Core Viewpoint - MySize has transformed into a multi-faceted company with four active businesses generating revenue and a clear path toward operational scale [1][2][3] Business Operations - The company operates under a unified platform strategy addressing challenges in the global fashion industry through AI-driven sizing, commerce enablement, resale infrastructure, and data intelligence [2] - MySize expects to close 2025 with approximately $10 million in revenue and an estimated $4 million in cash on the balance sheet, providing operational flexibility [3] Platform Strategy - MySize is no longer a single-product company; its competitive advantage lies in the integration of various technologies across its platform [4] - The integrated approach creates switching costs, improves customer economics, and generates data network effects as adoption increases [4] Revenue Growth and Projections - The company anticipates a revenue trajectory of approximately $15 million in 2026, driven by existing customer relationships and cross-selling opportunities [5] - As revenue scales, MySize expects to demonstrate progress toward operating breakeven with improved unit economics [6] Strategic Focus - 2025 is viewed as an inflection year for MySize, marking the transition from platform-building to visible financial progress [7] - The company emphasizes capital discipline and strategic optionality, focusing on execution within existing business lines before considering partnerships or acquisitions [8][9] Historical Context - MySize has evolved from a company without products or revenue to one with operational technology, live customers, and growing revenue [10] - The focus moving forward is on execution rather than reinvention, building on the established platform [11]
MySize CEO Ronen Luzon to join the Twenty First Annual Emerging Growth Equity Conference at Florida Atlantic University
Prnewswire· 2025-11-24 14:00
Core Insights - MySize, Inc. will present at NobleCon21 on December 3, 2025, showcasing its AI-driven sizing solutions and retail innovations [1] - The presentation will be available via a high-definition video webcast on the company's website and other platforms for 90 days post-event [3] Company Overview - MySize, Inc. is a global fashion-tech company specializing in AI-powered sizing solutions and sustainable commerce innovation, with a portfolio that includes Naiz Fit, ShoeSize.Me, MySizeID, Orgad, and Percentil [4] - The company operates in multiple countries, including Spain, Italy, Germany, and France [4] Noble Capital Markets - Noble Capital Markets is a registered full-service broker-dealer established in 1984, providing investment and advisory services, and hosting the NobleCon conference [5] - The firm has raised billions for companies and published over 45,000 equity research reports [5] Channelchek - Channelchek is an investor community launched by Noble in 2018, offering free, institutional-quality research on emerging growth public companies [6] - The platform features over 7,000 public companies and provides advanced market data, equity research, and industry articles [6]
MySize Reports Strong Third Quarter 2025 Results With Sequential Revenue Growth and Margin Expansion
Prnewswire· 2025-11-14 14:03
AIRPORT CITY, Israel, Nov. 14, 2025 /PRNewswire/ -- MySize, Inc. (NASDAQ: MYSZ), a global provider of AI-driven sizing solutions, footwear fit-tech, and retail innovation, today reported financial results for the third quarter ended September 30, 2025. MySize's global technology platforms — Naiz Fit, ShoeSize.Me, MySizeID, and Orgad — serve retailers and consumers worldwide. Percentil, the Company's secondhand marketplace, operates across Spain, Italy, Germany, and France. Third Quarter 2025 Financia ...
MySize Inc. Expands Naiz Fit Platform with Acquisition of ShoeSize.Me, Adding AI-Powered Footwear Sizing to Its Fashion Tech Roll-Up Strategy
Prnewswire· 2025-09-11 12:00
Core Insights - MySize, Inc. has acquired ShoeSize.Me, a European SaaS company specializing in AI-powered footwear sizing solutions, to enhance its B2B and technology portfolio [1][2][3] Group 1: Acquisition Details - The acquisition is structured primarily as a share deal, with MySize issuing 241,093 shares and a cash payment of $150,000 to the sellers of ShoeSize.Me [5] - ShoeSize.Me serves over 20 fashion retailers, including key clients like Alshaya Group, and is projected to exceed €0.5 million in SaaS revenues in 2025 [2][3] Group 2: Strategic Implications - This acquisition aligns with MySize's strategy to consolidate its position in the fashion tech industry by integrating ShoeSize.Me under the Naiz Fit umbrella, creating a unified platform for sizing and fit solutions across apparel and footwear [2][3][4] - The combined data assets from ShoeSize.Me, which include analysis of over 92 million consumer shopping experiences and 1.2 million shoe models, will enhance MySize's data strategy and product innovation capabilities [3][4] Group 3: Market Positioning - MySize aims to redefine consumer fit experiences and help retailers reduce returns and improve margins through the integration of ShoeSize.Me's technology [4] - The acquisition is part of MySize's broader strategy to identify and acquire synergistic businesses that strengthen its SaaS portfolio and data assets, positioning the company as a key technology consolidator in the fashion e-commerce sector [4]
MySize Reports Second Quarter 2025 Financial Results; Narrows Losses and Positions Percentil as a Leader in Europe's Circular Fashion Economy
Prnewswire· 2025-08-15 13:24
Core Insights - MySize has acquired Percentil to enhance its position in the European circular fashion economy, driven by new EU regulations on sustainability in apparel [1][3] - The CEO emphasizes that the EU's regulatory changes present opportunities for growth rather than obstacles, positioning Percentil as a key player in compliance and market expansion [2][5] Company Performance - MySize reported revenue of $2.0 million for Q2 2025, a 2% increase year-over-year, while H1 2025 revenue was $3.5 million, down 30% year-over-year due to decreased Orgad sales [7] - Gross profit for Q2 2025 was $1.1 million, up 14% year-over-year, but down 30% for H1 2025 at $1.5 million [7] - The operating loss improved by 49% in Q2 2025 to $586,000, and by 25% in H1 2025 to $1.6 million [7] - Cash position stood at $4.28 million as of June 30, 2025, with $2.90 million in inventory [7] Strategic Initiatives - Percentil is positioned to help brands comply with EU regulations on product lifecycle management, including take-back, recycling, and repair [3][4] - MySize is leveraging a triple-revenue model to create operational synergies and recurring cash flow, with expectations for Percentil's contribution to increase in H2 2025 [6] - The company aims to be at the center of the European fashion resale infrastructure, anticipating that resale will become a mainstream aspect of the industry within five years [5] Market Trends - The acquisition aligns with a structural shift in the fashion industry towards sustainability, driven by regulatory requirements and consumer demand [4][8] - Percentil's capabilities in AI-powered product matching and logistics integration are highlighted as essential for brands navigating the evolving market landscape [4][8]
MySize CEO Letter to Shareholders - Mid-Year 2025
Prnewswire· 2025-08-07 13:00
Core Insights - MySize is transitioning from a sizing company to a comprehensive Retail Intelligence Engine for fashion retail, aiming to empower brands through a connected ecosystem [2][11] - The company has strategically acquired Naiz Fit, Orgad, and Percentil to enhance its platform and create exponential value through integration [4][8] - MySize has accumulated a rich dataset that enables clients to make informed decisions, thereby reducing returns and optimizing product performance [6][11] Business Strategy - The company is focused on executing its new business strategy in 2025 after laying the groundwork in 2024 [1] - MySize emphasizes a disciplined approach to investment in AI, integration, and automation while maintaining a strong financial runway through 2027 [9][10] - The company operates with a lean structure, allowing each unit to contribute to revenue and learn from one another [10] Market Position - The apparel industry is undergoing significant transformation, with regulation, returns, resale, and relevance shaping its future [10][11] - MySize is positioned to play a pivotal role in this evolution by providing intelligent, sustainable, and profitable solutions for brands [11] - The company believes that controlling the intelligence layer in retail will allow it to manage the flow of information and resources effectively [11]
MySize Launches NaizGPT - Conversational AI Assistant for Retail Teams
Prnewswire· 2025-07-30 13:00
Core Insights - MySize Inc. has launched a pilot program for NaizGPT, a conversational AI assistant tailored for retail teams, allowing e-commerce professionals to interact with data through natural language instead of traditional dashboards [1][3] - The pilot program is currently being tested by select teams using the Naiz Fit platform, with early feedback indicating strong user engagement and deeper data analysis capabilities [2][3] Group 1: Product Development - NaizGPT processes data from MySize's sizing recommendation engine, providing contextual insights through conversational queries, enhancing the understanding of metrics like return rates [2][3] - The company plans to integrate NaizGPT with its Smart Catalog technology and additional data sources, expanding its functionality beyond sizing teams to include merchandising, marketing, and inventory [3][4] Group 2: Future Plans - MySize expects to transition NaizGPT from pilot to commercial availability in Q4 2025, aiming to establish it as the leading conversational AI platform for retail [4] - The long-term vision is for every retail team to engage in conversations with their data, obtaining instant and actionable insights [4] Group 3: Company Overview - MySize Inc. is recognized as a global leader in AI-powered size recommendation and digital commerce platforms for the fashion industry, with solutions aimed at improving fit, reducing returns, and enhancing the customer journey [5]