AIRPORT CITY, Israel,
Oct. 26, 2021 /PRNewswire/
-- MySize, Inc. (NASDAQ: MYSZ) (TASE: MYSZ.TA)
("MySize" or the "Company"), the developer and creator of
innovative measurement solutions, is pleased to announce that it
has been awarded a contract from Dockers (Turkey), an American brand of garments and
other accessories from Levi Strauss & Co. (NYSE: LEVI).
After a year of proven success with Levi Strauss &
Co. Turkey (Levi's Turkey), Dockers (Turkey) has decided to integrate MySize's
proprietary AI-driven sizing technology solution. The successful
integration of the MySizeID widget has reduced return rates for a
subsidiary of the world's global leader in jeans wear.
Mrs. Duygu Durak, Dockers
Business Development Manager of Dockers (Turkey), stated, "We have witnessed firsthand
how MySize has enabled Levi's Turkey reduce return rates by up to 47%,
saving the company on the costly reverse logistics. Getting to know
our customers better and reducing the hassle, time and expense of
merchandise returns, while becoming more sustainable, are all
reasons for integrating MySize into our offerings. Demonstrating a
strong Return On Investment (ROI), MySize is poised for expansion
within our family of brands and geographies."
Ronen Luzon, Chief Executive Officer of MySize, commented, "Our
successful integration and results with Levi's Turkey has led us to this additional
opportunity. We believe our land and expand strategy of initially
working with a part of a larger company and then being able to
penetrate additional brands and geographies within that company
will enable us to accelerate our revenue growth in a much quicker
timeframe. We look forward to continuing to work with Levi's and
Dockers in improving their conversion rates and lowering their
return rates, resulting in a better customer experience and cost
savings."
Dockers is an American brand of garments and other accessories
from Levi Strauss & Co. Levi Strauss & Co., then
specializing in denim, introduced the Dockers brand in 1986.
Dockers became a leading brand of business casual clothing for men
under the leadership of Bob Siegel.
In 1987, Dockers introduced a women's line.
For additional information on Dockers (Turkey), please visit:
https://www.dockers.com.tr/workday-khaki-slim-fit_834
About MySize, Inc.
MySize, Inc. (NASDAQ: MYSZ) (TASE:
MYSZ.TA) 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
MySize, 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.
To learn more about MySize and for additional information,
please visit: our website: www.mysizeid.com.
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
Investor Contacts:
Or Kles, CFO
ir@mysizeid.com
Brian Loper
ClearThink
bloper@clearthink.capital
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SOURCE My Size Inc.