My Size

Naiz Fit, a My Size Inc Company, Unveils Groundbreaking Generative AI Strategies to Revolutionize Fashion Tech

Retrieved on: 
Thursday, February 22, 2024

Embracing the future of fashion technology, Naiz Fit is pioneering the integration of Generative Artificial Intelligence (AI) into its services, setting a new standard for personalized and interactive shopping experiences in the fashion industry.

Key Points: 
  • Embracing the future of fashion technology, Naiz Fit is pioneering the integration of Generative Artificial Intelligence (AI) into its services, setting a new standard for personalized and interactive shopping experiences in the fashion industry.
  • Revolutionizing with Image Generation Models: Naiz Fit is breaking barriers by enabling virtual try-ons directly from customers' photos.
  • Brands can now offer their customers the ability to virtually mix and match garments, visualizing how different items pair together.
  • This is just the beginning of how we envision the future of fashion tech."

GK Named a Leader in 2023 IDC MarketScape for Worldwide POS Software for Large Apparel and Softlines Retail

Retrieved on: 
Tuesday, April 4, 2023

GK today announced that it has been named a Leader in the IDC MarketScape for Worldwide Point-of-Sale (POS) Software for Large Apparel and Softlines Retail 2023 Vendor Assessment (Doc #US48621522, March 2023) .

Key Points: 
  • GK today announced that it has been named a Leader in the IDC MarketScape for Worldwide Point-of-Sale (POS) Software for Large Apparel and Softlines Retail 2023 Vendor Assessment (Doc #US48621522, March 2023) .
  • According to the IDC MarketScape report, “GK's ongoing commitment to innovation is a key strength and differentiator.
  • The research methodology ensures a fair and clear assessment of vendors within IT and telecommunications.
  • To read more on GK’s positioning as a Leader, access the excerpt here .

My Size Regains Compliance with Nasdaq Minimum Closing Bid Price Rule

Retrieved on: 
Tuesday, December 27, 2022

The Nasdaq staff made this determination of compliance after the closing bid price of the Company's common stock was at $1.00 per share or greater for the prior 10 consecutive business days.

Key Points: 
  • The Nasdaq staff made this determination of compliance after the closing bid price of the Company's common stock was at $1.00 per share or greater for the prior 10 consecutive business days.
  • Accordingly, the Company has regained compliance with Nasdaq Listing Rule 5550(a)(2) and Nasdaq considers the prior bid price deficiency matter now closed.
  • Orgad, its online retailer platform, has expertise in e-commerce, supply chain, and technology operating as a third-party seller on Amazon.com and other sites.
  • My Size recently launched FirstLook Smart Mirror, a mirror-like touch display that provides in-store customers an enhanced shopping experience and contactless checkout.

School Uniform Global Market to Reach $23 Billion by 2026

Retrieved on: 
Thursday, August 18, 2022

DUBLIN, Aug. 18, 2022 /PRNewswire/ -- The "School Uniform Global Market Report 2022" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Aug. 18, 2022 /PRNewswire/ -- The "School Uniform Global Market Report 2022" report has been added to ResearchAndMarkets.com's offering.
  • Asia Pacific was the largest region in the school uniform market in 2021.
  • The regions covered in the school uniform market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
  • The increase in the number of schools is significantly contributing to the growth of the school uniform market.

School Uniform Global Market Report 2022: Featuring Key Players Alinta Apparel, Trutex, Williamson-Dickie, John Lewis & Others - ResearchAndMarkets.com

Retrieved on: 
Tuesday, August 16, 2022

The "School Uniform Global Market Report 2022" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "School Uniform Global Market Report 2022" report has been added to ResearchAndMarkets.com's offering.
  • Asia Pacific was the largest region in the school uniform market in 2021.
  • The regions covered in the school uniform market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
  • The increase in the number of schools is significantly contributing to the growth of the school uniform market.

My Size Enters Cooperation Agreement and Resolves Litigation with Custodian Ventures

Retrieved on: 
Thursday, November 4, 2021

AIRPORT CITY, Israel, Nov. 4, 2021 /PRNewswire/ --My Size, Inc. ("My Size" or the "Company") (NASDAQ: MYSZ) (TASE: MYSZ), a leading developer and creator of smartphone measurement solutions, today announced that it has entered into a cooperation agreement (the "Agreement") with Custodian Ventures LLC and its affiliates (collectively, "Custodian Ventures").

Key Points: 
  • AIRPORT CITY, Israel, Nov. 4, 2021 /PRNewswire/ --My Size, Inc. ("My Size" or the "Company") (NASDAQ: MYSZ) (TASE: MYSZ), a leading developer and creator of smartphone measurement solutions, today announced that it has entered into a cooperation agreement (the "Agreement") with Custodian Ventures LLC and its affiliates (collectively, "Custodian Ventures").
  • In addition, My Size announced that it is seeking to enhance shareholder value by evaluating acquisition opportunities while refocusing on the commercialization of MySizeID.
  • Custodian Ventures has agreed to conclude its public campaign and withdraw its director candidates for election at the Company's 2021 Annual Meeting of Stockholders (the "Annual Meeting").
  • The Company has agreed to withdraw the lawsuit it previously filed in the United States District Court for the Southern District of New York against Custodian Ventures and certain stockholders.

My Size Announces $8.5 Million Registered Direct and PIPE Offerings Priced At-the-Market Under Nasdaq Rules

Retrieved on: 
Wednesday, October 27, 2021

The aggregate gross proceeds to the Company of both offerings is expected to be approximately $8.5 million.

Key Points: 
  • The aggregate gross proceeds to the Company of both offerings is expected to be approximately $8.5 million.
  • The offerings are expected to close on or about October 29, 2021, subject to the satisfaction of customary closing conditions.
  • The unregistered warrants will have an exercise price $1.26 per share, be exercisable immediately upon issuance and a term of five years.
  • My Size currently intends to use the net proceeds from the offerings for general corporate purposes, including working capital.

My Size Files Lawsuit Against the Lazar/Ault Activist Group Over Attempts to Mislead Stockholders and Wage an Unlawful Proxy Contest

Retrieved on: 
Thursday, October 21, 2021

The suit seeks, among other things, to enjoin the Activist Group from misleading My Size stockholders and waging an illegal proxy contest to seize control of the Company's Board of Directors (the "Board").

Key Points: 
  • The suit seeks, among other things, to enjoin the Activist Group from misleading My Size stockholders and waging an illegal proxy contest to seize control of the Company's Board of Directors (the "Board").
  • Notably, My Size contends the Activist Group failed to disclose that the true purpose underlying its security purchases was to merge My Size with another company.
  • Ronen Luzon, Chief Executive Officer and Founder of My Size, commented:
    "The Board and management team have decided to take this extraordinary step to protect My Size for the benefit of all stockholders.
  • We firmly believe that the Activist Group has purposefully misled stockholders for its own benefit and in doing so, has violated the federal securities laws.

MySize Rolls Out New Rewards Program, Offering Perks For Making More Eco-Friendly, Better Fitting Purchases

Retrieved on: 
Wednesday, September 8, 2021

After making a purchase using the MySizeID widget, customers earn virtual coins as a thank you for shopping sustainably. The number of coins earned on a MySizeID purchase is measured by eco-metrics -- water saved, landfill waste prevented, emissions avoided -- compared to purchases made not using the widget. Customers can later redeem their earned coins for discounts, promotions, or free items.

Key Points: 
  • Registered MySizeID users can earn redeemable virtual coins by making sustainable and size-accurate purchases from the partnered retailers.
  • After making a purchase using the MySizeID widget, customers earn virtual coins as a thank you for shopping sustainably.
  • Using MySizeID, customers can purchase with the confidence that they are buying the right size the first time, drastically reducing return rates.
  • Forward-looking statements also are affected by the risk factors described in the Company's filings with the U.S. Securities and Exchange Commission.

MySizeID Sizing Trends Capability Enables Brands to Make Proactive Sizing Adjustments to Better Fit Customers

Retrieved on: 
Tuesday, September 7, 2021

The Sizing Trends feature provides unparalleled visibility into shifts in sizing among their brand's customers and across the industry, giving retailers the opportunity to adjust their size charts to best fit their customers' needs.

Key Points: 
  • The Sizing Trends feature provides unparalleled visibility into shifts in sizing among their brand's customers and across the industry, giving retailers the opportunity to adjust their size charts to best fit their customers' needs.
  • Sizing Trends leverages anonymized, aggregated data from over 100 million customer measurements, along with a brand's customer specific sizing data to alert eCommerce retailers of trends towards particular shapes, fits, and sizes.
  • The critical visibility into real-world shifts in customer sizing allows brands to readjust their size charts and product tables to provide the ideal fit for customers' changing measurements.
  • As up to 70 percent of online apparel returns are blamed on poor fit, Sizing Trends provides another tool in eCommerce retailers' arsenals to preemptively convert costly returns into a boost in sales.