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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]
MySize Inc. Acquires Key Assets of Percentil: Expanding into Circular Fashion and Re-Commerce
Prnewswire· 2025-05-12 13:49
Core Viewpoint - MySize, Inc. has acquired key assets of Percentil, a second-hand fashion marketplace, to enhance its B2B and B2C portfolio and align with upcoming EU regulatory requirements for sustainable fashion [1][9]. Company Strategy - The acquisition aims to reposition Percentil as a premium marketplace focused on higher-value items, reflecting consumer demand for quality and sustainability [3][4]. - MySize's strategy emphasizes building a profitable, scalable, and sustainable circular fashion business from the outset, prioritizing cash-efficient scaling and EBITDA-positive returns [4][5]. Financial Details - The total transaction value for the acquisition is approximately €610,000 (about $679,000), including a cash payment of €40,000 (approximately $44,500) and the assumption of liabilities totaling around €570,000 (approximately $634,500) [4]. - MySize anticipates that the Percentil business unit will generate $1.5 million in revenues in the second half of 2025, representing a projected 25% increase in total revenue [4]. Market Positioning - The acquisition is strategically timed to align with EU regulations requiring brands to implement reuse and recycling frameworks, positioning Percentil as a key partner for fashion brands [9][10]. - The total addressable market for second-hand and circular fashion in Western Europe is projected to exceed $25 billion by 2027 [6]. Integration and Synergies - MySize plans to integrate its proprietary AI technology into Percentil's platform to optimize pricing, enhance product recommendations, and improve operational efficiency [8]. - The acquisition creates synergies with existing MySize portfolio companies, such as Naiz Fit and Orgad, to enhance logistics and reduce returns [7]. Operational Assets - MySize acquired select operational assets from Percentil, including a central warehouse, quality control systems, and a stock of over 120,000 quality-vetted garments [12].
MySize CEO Letter to Shareholders - 2025 Strategic Outlook
Prnewswire· 2025-04-21 13:00
Core Insights - MySize, Inc. is actively pursuing mergers and acquisitions to enhance growth opportunities, focusing on the second-hand apparel and AI shoe technology sectors [3] - The company is progressing towards cash-flow breakeven and profitability through a roll-up strategy, integrating acquired companies and targeting financially disciplined acquisitions [4] - In 2024, MySize achieved 18% year-over-year revenue growth, doubled cash reserves, and reduced net loss by 37%, indicating strong financial momentum [6] Strategic Developments - The company has signed two Letters of Intent (LOIs) for potential acquisitions, reflecting its strategic intent to expand into high-potential verticals [3] - MySize is reinforcing its leadership team with experienced executives to support scaling operations while maintaining strategic discipline [5] - The integration of Orgad and Naiz Fit is already yielding positive results in revenue generation and operational efficiency [4] Technological Advancements - MySize is leveraging data from its group companies, particularly Naiz Fit, to develop AI-driven solutions that optimize retail performance and consumer interactions [7] - The combination of AI, big data, and strategic acquisitions positions MySize at the forefront of the retail technology revolution [8] - The company aims to create long-term value for shareholders through sustainable and innovation-led business practices [8]