AIRPORT CITY, Israel,
June 14, 2021 /PRNewswire/
-- MySize Inc (the "Company" or "My Size")
(NASDAQ: MYSZ) (TASE: MYSZ), the developer and creator of
smartphone measurement solutions, today announced an expansion of
its presence in the French market by partnering with La Caserne,
the first incubator dedicated to responsible fashion in
France. The La Caserne incubator's
25+ brands will all gain access to MySize's measurement technology,
ensuring highly accurate sizing every time. Leading French brand
Diane Ducasse, creator of DA/DA has
already signed on along with Salut Beauté, while advanced
discussions are taking place with several others.
La Caserne lists ethical, sustainable fashion as one of the most
important priorities of their brands, and MySize's solution is a
natural fit to help them reduce their carbon footprints and make a
positive impact on the planet. Because MySize's solution reduces
return rates, this helps cut down on the some 15 million tons of
carbon emissions stemming from trucks making reverse logistics
journeys back to warehouses, as well as preventing returned
products from being sent to landfills.
Users of the MySize app, which leverages sensors already built
into customers' smartphones, can instantly obtain accurate clothing
sizes in any brand's apparel via their patented algorithm, a unique
approach that safeguards user privacy. While browsing apparel
online, customers can find out exactly which size of an item is the
ideal fit for them, from the comfort of their homes. The solution
has been proven to reduce returns by as much as 50%, and increase
average order value by as much as 30%. MySize is a trusted partner
of leading brands including Levi's, Speedo, and Boyish Jeans, as
well as e-commerce platforms including Shopify, WooCommerce,
Bitrix, LightSpeed and more.
MySize's solution will be live on the DA/DA's and Salut
Beauté websites this week, helping online shoppers navigate the
French designer's newest collection and guiding customers
throughout their journey. On La Caserne's site, partners of the
sustainable incubator will be able to leverage MySize's widget on
their mini-sites for both enhanced customer experience and market
optimization and operational monitoring.
"We are thrilled to partner with La Caserne, who are providing
an extraordinary introduction to the French market and leading
brands such as DA/DA. It's especially important to us that we are
working with brands who share our deep commitment to sustainable
fashion and greener business practices," said Ronen Luzon, CEO and
Founder of MySize. "Once some of France's leading fashion retailers are able to
offer a superior customer experience and reduce returns we believe
there will be no going back. We're excited to be part of this
change and expect even more expansion in the market over the coming
weeks and months."
About MySize Inc:
My Size, Inc.NASDAQ: MYSZ) (TASE: MYSZ) has developed a unique
measurement technology based on sophisticated algorithms and
cutting-edge technology with broad applications, including the
apparel, e-commerce, DIY, shipping, and parcel delivery industries.
This proprietary measurement technology is driven by several
algorithms that are able to calculate and record measurements in a
variety of novel ways. To learn more about My Size, please visit
our website: www.mysizeid.com. We routinely post information that
may be important to investors in the Investor Relations section of
our website. Follow us on Facebook, LinkedIn, Instagram, and
Twitter.
Please click here for a demonstration of how MySizeID
provides a full sizing solution for the retail industry.
Register here for a free plan of MySizeID solution for your
online store.
Please click here to download MySizeID for
iOS.
Please click here to download MySizeID for
Android.
Cautionary Statement Regarding Forward-Looking
Statements
This press release contains certain forward-looking statements
within the meaning of the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. These statements are
identified by the use of the words "could," "believe,"
"anticipate," "intend," "estimate," "expect," "may," "continue,"
"predict," "potential," "project" and similar expressions that are
intended to identify forward-looking statements. All
forward-looking statements speak only as of the date of this press
release. You should not place undue reliance on these
forward-looking statements. Although we believe that our plans,
objectives, expectations and intentions reflected in or suggested
by the forward-looking statements are reasonable, we can give no
assurance that these plans, objectives, expectations or intentions
will be achieved. Forward-looking statements involve significant
risks and uncertainties (some of which are beyond our control) and
assumptions that could cause actual results to differ materially
from historical experience and present expectations or projections.
Actual results to differ materially from those in the
forward-looking statements and the trading price for our common
stock may fluctuate significantly. Forward-looking statements also
are affected by the risk factors described in the Company's filings
with the U.S. Securities and Exchange Commission. Except as
required by law, we undertake no obligation to update or revise
publicly any forward-looking statements, whether as a result of new
information, future events or otherwise, after the date on which
the statements are made or to reflect the occurrence of
unanticipated events.
U.S. Press Contact:
Strauss Communications
joel@strausscomms.com
www.strausscomms.com
IR Contact:
Or Kles, CFO
ir@mysizeid.com
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SOURCE My Size Inc.