AIRPORT CITY, Israel, January 22, 2021 /PRNewswire/ — MySize, Inc.. (the “Company” or “My Size”) (NASDAQ: MYSZ) (TASE: MYSZ), the developer and creator of smartphone measurement apps, attends the NRF Annual Convention. The company will focus on highlighting its easily integrated MySizeID app, solving return issues and enabling retailers to deliver a truly omnichannel shopping experience.
The company’s smartphone-based body measurement technology is integrated into retailers’ websites and integrated into retailers’ app, allowing shoppers to purchase items with confidence that they are receiving the perfect fit. Customers benefit from accurate sizing by using their smartphone 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, has developed a plug-in in GK’s cloud4retail omnipos platform that enables all channels, including in-store touchpoints. Allowing assistants to assist customers in real time by retrieving the correct size for each item. The platform also includes personalized profiles for shoppers themselves and their families, enabling a frictionless shopping experience. See the solution in action here.
This year at NRF, the MySize team will showcase their MySizeID apparel and footwear solutions. Sellers from all regions including US, UK, Italy, Germany, France, Netherlands, Turkey and Israel will be available for scheduled in-depth discussions during or after the event.
With astronomical online return rates 30%, against only 8% For online shopping and a move towards e-commerce, the issue of returns is more important than ever to resolve. The shift to e-commerce has also dramatically changed the landscape of customer service and experience and requires retailers to invest in an omnichannel experience that “wows” customers and retains them. MySize’s patented algorithms solve both of these problems for retailers, while requiring little onboarding or onboarding hassle.
“Implementing sizing technology before 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 from MySize. “We are excited to showcase our MySizeID solutions for apparel and footwear at this year’s NRF, because now more than ever, sizing adoption is needed for a true omnichannel experience and a decrease in costly returns.”
About My Size, Inc.
My Size, Inc. (TASE: MYSZ) (NASDAQ: MYSZ) has developed unique measurement technology based on sophisticated algorithms and state-of-the-art technology with wide applications including apparel, e-commerce, do-it-yourself, parcel shipping and delivery. This exclusive technology is driven by several algorithms capable of calculating and recording measurements in different ways. To learn more about My Size, please visit our website. www.mysizeid.com. follow us on Facebook, LinkedIn and Twitter.
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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. Such statements are identified by the use of the words “may”, “believe”, “anticipate”, “have intends”, “estimates”, “expects”, “may”, “will”, “predict”, “potential”, “projects” and similar expressions 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 or implied by the forward-looking statements are reasonable, we cannot guarantee 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 current expectations or projections. Actual results will differ materially from those indicated in the forward-looking statements and the market price of our common stock may fluctuate significantly. Forward-looking statements are also affected by the risk factors described in the Company’s filings with the United States Securities and Exchange Commission. Except as required by law, we undertake no obligation to publicly update or revise 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 unforeseen events. events.
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Or Kles, CFO
SOURCE MySize Inc.