Business
MySize Signs Agreement with Threads, One of the Largest Uniform Providers in the UAE
AI-Driven Measurement Solution Expected to Lower Return Rates AIRPORT CITY, Israel, Nov. 3, 2021 /PRNewswire/ -- MySize, Inc. (NASDAQ: MYSZ) (TASE: MYSZ)
About this update from My Size, Inc.
[{"type":"text","content":"AI-Driven Measurement Solution Expected to Lower Return Rates\n\n\nAIRPORT CITY, Israel, Nov. 3, 2021 /PRNewswire/ -- MySize, Inc. (NASDAQ: MYSZ) (TASE: MYSZ) (\"MySize\" or the \"Company\"), the developer and creator of innovative measurement solutions, is pleased to announce that its AI-drive measurement solution has been selected by Threads of the UAE. \n\n \n \n \n \n \n \n\n \nThreads is one of the largest manufacturers and distributors of School & Corporate wear uniforms in the UAE. Established in 2010, Threads supplies 90 Schools, servicing more than 200,000 students and various corporate institutions, including security, transport, hotel, restaurants and others. For school children, parents can purchase their kids uniforms from its online shopping portal at www.threadsme.com accessible 24/7 to its customers.\nMySize's sizing solution will utilize Threads; size charts, product tables, descriptions, and other relevant details, alongside MySize's patented algorithms, to provide online shoppers with a highly accurate size recommendation. The easy-to-use, plug-and-play widget is seamlessly integrated into Threads site, enhancing customers' online shopping experience and boosting their engagement levels and confidence in the brand.\nRonen Luzon, Chief Executive Officer of MySize, commented, \"Threads has been using traditional static uniforms sizing charts and experiencing higher than expected returns due to sizing issues. Our unique measurement technology based on sophisticated algorithms and cutting-edge technology is the perfect solution to improve their sizing efficiencies and lower their return rates, resulting in a better customer experience and cost savings for Threads.\"\nThreads has over 22 years of experience, supplying uniforms to the education, aviation, healthcare and hospitality sectors, spread out across Europe, North America, Africa and Australia. Threads caters to educational institutions in the Middle East. Using in-house designers based in Dubai and UK and buying offices spread out across key global sourcing locations, Threads keeps all its 'young ambassadors' up to date with the latest in trends while supplying functional and competitively priced products. With offices in European Business Centre – Dubai Investment Park 1- Dubai and warehousing facilities in TEXMAS Dubai, Threads uses 33,000 sq. feet of war...