Company to accommodate retailers with a abounding altitude solution, from the affection ascendancy akin and allocation blueprint through to the customer with a absolute anatomy measurement
AIRPORT CITY, Israel, June 19, 2018 /PRNewswire/ — My Size, Inc. (the “Company” or “My Size”) (NASDAQ: MYSZ; TASE: MYSZ), the developer and architect of smartphone altitude applications, today appear its affairs to barrage QSize™, a adaptable altitude band-aid for retailers to ensure affection ascendancy throughout the accoutrement accomplishment process.
QSize™, a adaptable altitude band-aid for retailers to ensure affection ascendancy throughout the accoutrement accomplishment process.
The accepted action for affection ascendancy aural accoutrement accomplishment includes altitude of anniversary accoutrement by hand, followed by chiral access of such altitude into the manufacturer’s aback appointment system, creating a cogent achievability for animal error. My Size’s QSize will accredit a banker to absolutely automate its affection ascendancy action by utilizing a mobile-based altitude and abstracts logging system.
To use QSize, the user will aboriginal browse the apparel’s barcode utilizing their adaptable device, and is again apparent a clear analogy of how to admeasurement the garment. The user will again admeasurement the accoutrement with a few accessible movements of the adaptable device, and the abstracts is again accurately and automatically uploaded into the retailer’s aback appointment arrangement anniversary and every time.
“The absolute affection ascendancy arrangement in the retail industry is aged and abounding with befalling for animal absurdity due to the misreading of a band admeasurement or incorrect abstracts access on a keyboard. QSize, which utilizes the aforementioned avant-garde adaptable altitude technology that admiral our added products, can empower accoutrement accomplishment advisers to accomplish their jobs faster and added accurately anniversary time,” said Ronen Luzon, CEO, My Size “Through the barrage of QSize, we are accretion our technology alms to accommodate a abounding altitude band-aid for the retail industry, ensuring both the banker and the customer can move through their corresponding action as calmly and accurately as possible.”
Depending on the brand, we appraisal that anywhere from 1-4% of accoutrement can be alone at affection ascendancy for affidavit including abnormal sizing. If such a accoutrement cannot be repaired calmly it is usually befuddled abroad – creating an absolute and acute charge to analyze errors in allocation to abstain a accomplishment of abnormal garments. In the U.S., area 450 actor pairs of jeans are purchased anniversary year, an boilerplate amount of $20 per brace of jeans could aftereffect in $90 actor absent to retailers.
According to a analysis of bodies alive in fashion, 94% agreed that accoutrement fit is a botheration in retail and accomplishment today. That aforementioned analysis appear that 75% said speed-to-market is the cardinal one acumen why they accept added fit issues, while 56% said they could access a bigger fit for their band if they had added time in assembly to absolute the fit. Utilizing aged altitude approach such as band measures is time arresting and slow. If accoutrement retailers and manufacturers appetite to become added able and added accurate, they will charge to accept technologies that can advance process.
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About My Size, Inc.My Size, Inc. (MYSZ) (MYSZ) has developed a different altitude technology based on adult algorithms and cutting-edge technology with ample applications including the apparel, e-commerce, DIY, aircraft and bindle commitment industries. This proprietary technology is apprenticed by several algorithms which are able to account and almanac abstracts in a array of atypical ways. To apprentice added about My Size, amuse appointment our website. www.mysizeid.com. Follow us on Facebook, LinkedIn and Twitter.
Cautionary Statement Regarding Forward-Looking StatementsThis columnist absolution contains assertive advanced statements aural the acceptation of the safe anchorage accoutrement of the Private Securities Litigation Reform Act of 1995. These statements are articular by the use of the words “could,” “believe,” “anticipate,” “intend,” “estimate,” “expect,” “may,” “continue,” “predict,” “potential,” “project” and agnate expressions that are advised to analyze advanced statements. All advanced statements allege alone as of the date of this columnist release. You should not abode disproportionate affirmation on these advanced statements. Although we accept that our plans, objectives, expectations and intentions reflected in or appropriate by the advanced statements are reasonable, we can accord no affirmation that these plans, objectives, expectations or intentions will be achieved. Advanced statements absorb cogent risks and uncertainties (some of which are above our control) and assumptions that could account absolute after-effects to alter materially from absolute acquaintance and present expectations or projections. Absolute after-effects to alter materially from those in the advanced statements and the trading amount for our accepted banal may alter significantly. Advanced statements additionally are afflicted by the accident factors declared in the Company’s filings with the U.S. Securities and Exchange Commission. Except as appropriate by law, we undertake no obligation to amend or alter about any advanced statements, whether as a aftereffect of new information, approaching contest or otherwise, afterwards the date on which the statements are fabricated or to reflect the accident of hasty events.
Israel Columnist Contact:Eran YoelsRimon, Cohen and [email protected]
U.S. Columnist Contact:Matthew BretziusFischTank Marketing & [email protected]
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