AIRPORT CITY, Israel,
July 1, 2020 /PRNewswire/ -- My Size,
Inc. (the "Company" or "My Size") (NASDAQ: MYSZ) (TASE: MYSZ), the
developer and creator of smartphone measurement solutions, today
announced that two French retail brands, La Pièce and Habillez-moi,
are integrating MySizeID into their e-commerce websites in order to
increase customer loyalty and reduce returns.
Ronen Luzon, Chief Executive Officer of My Size, stated, "We are
pleased to add these popular French retailers to our client roster.
Our strategy of expanding our footprint in Europe is bearing fruit. We also continue to
witness increased demand for MySizeID amid the COVID-19 pandemic.
France is at the forefront of
fashion apparel, which is estimated to reach over $9 billion in 2020. It is also one of the biggest
ecommerce countries in the world and has an online retail market
that's expected to reach over $129.0
billion by the end of 2020. According to data from the
Centre for Retail Search, online sales in France account for 6% of total retail sales
and ecommerce accounted for 4.27 percent of the country's GDP in
2019. Our sales team in Europe is
focused on building a strong sales pipeline as more and more
retailers are looking for solutions that can increase their bottom
line and offer their customers a better online shopping
experience."
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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, e-commerce, DIY, shipping and parcel delivery
industries. This proprietary measurement 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. 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 one-month free trial 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.
Contacts
U.S. Press Contact:
5W Public Relations
mysizeid@5wpr.com
IR Contact:
Crescendo Communications, LLC
Tel: +1 212-671-1020
Email: MYSZ@crescendo-ir.com
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SOURCE My Size Inc.