AIRPORT CITY, Israel,
Jan. 22, 2021 /PRNewswire/
-- MySize, Inc. (the "Company" or "My Size")
(NASDAQ: MYSZ) (TASE: MYSZ), the developer and creator of
smartphone measurement applications, is attending the annual NRF
convention. The company's focus will be in highlighting its easily
embedded MySizeID app, to solve returns issues and allow retailers
to offer a truly omnichannel shopping experience.
The company's smartphone-based body measurement technology is
embedded on retailers' websites and integrated into the retailers'
app, enabling shoppers to purchase items with complete confidence
that they are receiving the perfect fit. Customers enjoy accurate
sizing by utilizing their smartphones' sensors once to measure
themselves and combining those measurements with MySize's record of
existing inventory details.
The MySizeID solution, thanks to its partnership with GK
Software, developed a plug-in into GK's cloud4retail omnipos
platform that enables all channels, including in-store touchpoints.
Allowing assistants to support customers in real-time via a
fetching of correct sizing for every item. The platform also
includes customized profiles for the shoppers themselves and their
family, allowing for a frictionless buying experience. See the
solution in action here.
This year, at NRF the MySize team will present its MySizeID
apparel and footwear solutions. Sales people from all regions
including, US, UK, Italy,
Germany, France, Netherlands, Turkey and Israel will be available for scheduled
in-depth discussions either during or following the event.
With online return rates standing at an astronomical 30%,
compared to only 8% for online purchases and a shift towards
e-commerce, the issue of returns is more important to solve than
ever. The shift to e-commerce also drastically changed the customer
service and experience landscape and necessitates retailer
investment in an omnichannel experience that "wows" customers and
spurs customer loyalty. MySize's patented algorithms solve both of
these issues for retailers, while requiring little in the way of
onboarding or integration hassle.
"Implementing sizing technology prior to Covid-19 was a solution
that made sense for retailers, now, with the shift to e-commerce,
it's an absolute must," said Ronen Luzon, CEO and founder of
MySize. "We're excited to showcase our MySizeID solutions for
apparel and footwear at this year's NRF because now more than ever,
an embrace of sizing is necessary for a true omnichannel experience
and a decrease in costly returns."
About My Size, Inc.
My Size, Inc. (TASE: MYSZ) (NASDAQ: MYSZ) has developed a unique
measurement technology based on sophisticated algorithms and
cutting edge technology with broad applications including the
apparel, ecommerce, DIY, shipping and parcel delivery industries.
This proprietary technology is driven by several algorithms which
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. Follow us on Facebook, LinkedIn and Twitter.
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 MySize Inc.