MySize Inc seeing 'positive reactions' from retailers after using its MySizeID technology
My Size Inc (NASDAQ:MYSZ) (TASE:MYSZ) CEO Ronen Luzon tells Proactive the Airport City, Israel-based group says its been seeing ‘positive reactions’ from retailers, like Levi Strauss & Co.(NYSE:LEVI), after using its MySizeID technology. Luzon says when My Size licenses out its technologies as a pilot program to groups like Levi’s, those groups have seen a decrease in consumer clothing returns by around 50%. Luzon says the group is continuing these pilot programs with various retailers, and is working towards receiving patents on the technology in countries like Japan and in Europe.
Story by ProactiveInvestors
Source: http://www.proactiveinvestors.com/companies/news/946095/mysize-inc-seeing--positive-reactions--from-retailers-after-using-its-mysizeid-technology-946095.html
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