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Could MySize’s Brand New Apparel Sizing Tech Be Ideally Timed, With A Boom In Fashion E-Commerce?

MySize, Inc.

While there may seem to be some indications that e-commerce growth is slowing amid the current inflation wave, however, equally strong signals suggest it may not be enough to stop U.S. retail e-commerce sales from surpassing a projected growth target of $1 trillion in 2022. Even amid the economic downturn, one sector — fashion and apparel — could fuel the e-commerce industry’s growth. A trend report by BigCommerce Holdings Inc. (NASDAQ: BIGC) revealed that the fashion and apparel sector has been an e-commerce powerhouse this year, outpacing overall e-commerce sales in North America. BigCommerce is not the only platform projecting growth for the industry. Statista also indicates that the e-commerce fashion industry’s compound annual growth rate (CAGR) is expected to reach 14.2% between 2017 and 2025, with the industry hitting a $672.71 billion valuation by 2023. Sales of apparel, footwear and accessories catapulted in 2021, hitting $180.5 billion in the U.S. alone. The sector is expected to grow by 13% this year, with consumers set to spend $204.9 billion on fashion items online. Eliminating A Challenge For Growth Even though there seem to be great prospects for the industry, growth can be hampered if people still face frustrations in buying online — imagine receiving items, like garments, that don’t fit? Receiving an ill-fitting garment can be frustrating and can leave the customer unsatisfied. Correct sizing is key to growth, building consumer confidence in the purchase and reducing costly returns. MySize Inc. (NASDAQ: MYSZ) says its MySizeID product is the solution. But the company, an omnichannel e-commerce platform and provider of an artificial intelligence (AI) measurement solution that drives revenue growth and reduces costs for its clients, also reports pioneering a different technology that could change the hybrid shopping experience. MySize’s FirstLook Smart Mirror could be one of the first solutions for challenges with hybrid shopping — an emerging trend that combines online and in-store shopping. The company says the product is an interactive, mirrorlike touch display that offers: Personalized fit and product recommendations 3D try-it-on interactive avatar experience Speed shopping and self-checkout Integration with any third-party point-of-sales (POS) system High Valuations And Revenues MySize believes its algorithm-based technology has broad applications — that could match if not beat product offerings from competitors. Just as LivePerson Inc. (NASDAQ: LPSN) hit a $4 billion valuation at 10 times revenue with a chat application that transformed e-commerce by increasing conversion rates and decreasing costs, sizing technology is gaining traction to do the same, the company says. As comparable companies are acquired by major players such as Snap Inc. (NYSE: SNAP), Gap Inc. (NYSE: GPS), Walmart Inc. (NYSE: WMT) and Zalando SE (ETR: ZAL) at attractive valuations, MySize notes it could also attract the same level of attention and be an acquisition target. Luckily, a recent report of record revenues in the first half of the year could support the premise that MySize has the right product and business in a high-growth segment. Retailers Taking Notice MySize’s technology has been adopted by top brands in fashion such as Levi Strauss & Co. (NYSE: LEVI), Nautica, Gant and Dockers, and it doesn’t look like the company is resting on its laurels. From all indications, MySize may only be getting started as more companies are adopting its technology, which could be ideally timed with growth in the fashion e-commerce boom. The company recently announced an agreement with 7 For All Mankind (Brazil), a premium global clothing brand, to license MySizeID, and it could be going live in the third quarter of this year. MySize also has an agreement with luxury British fashion brand Temperley London to license MySizeID. MiSize kicked off the year by acquiring Orgad, an omnichannel e-commerce platform. MySize hopes the acquisition and incorporation of MySizeID into Orgad’s e-commerce solution will increase its profit by reducing costly returns. MySize, Inc. (NASDAQ: MYSZ) (TASE: MYSZ.TA) is an omnichannel e-commerce platform and provider of AI-driven measurement solutions to drive revenue growth and reduce costs for its business clients. Orgad, its online retailer platform, has expertise in e-commerce, supply chain, and technology operating as a third-party seller on Amazon.com and other sites. MySize recently launched FirstLook Smart Mirror, a mirror-like touch display that provides in-store customers an enhanced shopping experience and contactless checkout. FirstLook Smart Mirror extends MySize's reach into physical stores and is expected to contribute to revenues through unit sales and recurring service fees.MySize 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. This post contains sponsored advertising content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Or Kles, CFO ir@mysizeid.com Company Website https://mysizeid.com

October 27, 2022 09:15 AM Eastern Daylight Time

Discover $SOPA In The Philippines 🏝 Interview With Philippines' General Manager, Arbie Pagdanganan

Society Pass Incorporated

Contact Details Dennis Nguyen: Founder, Chairman & CEO +1 877-440-9464 dennis@thesocietypass.com Company Website https://thesocietypass.com

October 27, 2022 09:00 AM Eastern Daylight Time

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Ecommerce platform mason seeds $7.5M as it takes on the ‘Amazon tax’ and builds the world’s first commerce engine for online sellers

Mason

Global retail e-commerce sales are set to reach $8.1T in 2026 and brands will be vying for ecommerce store conversions and growth to capture this revenue opportunity. Helping them to achieve this, retail tech platform mason is today announcing a $7.5M seed round to offer an Amazon grade store infrastructure storefront to help them sell better and faster without exorbitant Amazon fees. The funding round was led by Accel and Ideaspring Capital with participation from Lightspeed India Partners as well as Mana VC, Gaingels, Core91 and VH Capital. mason brings a high-performance Amazon-grade sales engine to a brand’s own store. It reduces the onus on online brands to rely on Amazon and relieve them of the ‘Amazon tax’. Having spent decades building solutions in Myntra, Flipkart, Walmart, Paytm (an Alibaba company) which help merchants break free from the Amazon model, mason founders Barada Sahu and Kausambi Manjita are bringing their multi-decade experience to power growth for brands & founders. They met at Myntra - Walmart’s fashion arm in Asia - where they had been building a custom engine to run stores, improve revenue and drive conversions for over 1000+ brands on the Myntra marketplace. The penny dropped when they realised that growth was not a one-size fits all opportunity but that it had to have bespoke store engines that would run online stores to sell Kausambi Manjita, Co-Founder heading Product & Customer Experience at mason commented: “This changes the game fundamentally on how brands think about their D2C store today. Most brands are left with no option but to sell at marketplaces like Amazon and pay 35c for every dollar simply because running a profitable standalone D2C store is just too hard. With access to their own growth engine like mason, brands can actually transform their D2C storefront into their most profitable channel, getting 50% uplift in their margins from day one. By democratising access to a complex tech stack, from data-driven merchandising, to sales automation, to personalization - the team is helping more entrepreneurs stay independent, become profitable, and not sell out to a Thrasio.” Barada Sahu, Co-Founder and head of Revenue & Growth added: “Traditionally, only big retail has had the technology muscle to implement complex infrastructure while the rest of the market has been left stitching together fragmented solutions that simply do not work well with each other. mason simplifies this with an all-in-one no code solution that powers marketers, product managers and founders to upgrade their stores from storytelling to selling from day one. Paying an upfront cost for a large headless implementation or a sophisticated merchandising engine is beyond what most brands can work on. For small and medium businesses an all-in-one solution with a commission based model is easier to understand.” Today, mason has over 1,000 customers and powers more than 8,000 brands worldwide with a pay as you grow pricing model. Their customers currently include companies in fashion & apparels, beauty & grooming, health & fitness and food & beverage categories with others such as pets, babycare and home products coming onboard too. In just over 2 years since launch, mason has helped global brands make their stores as efficient in sales as Amazon. A typical store improves average order value by 23% in 30 days, improves session time by 17% and improves sell through by 35% in just 60 days Subrata Mitra, Partner at Accel commented: “In order to build a truly scalable outcome, the team is on the journey to create a self-serve platform wherein eCommerce brand owners could use it to create, communicate and grow. An upside to this: it allows them to go global.” Kausambi Manjita remarked: “Commerce is about selling - not storing. The previous generation of commerce has helped brands set up their stores online and have great systems for storing business information. What brands now need is a technology layer that helps convert these information in action. We are building the world’s first commerce-engine. We will be doubling our investment into category specific AI-based playbooks to help brands grow simply.” About Accel Accel is a global venture capital firm that aims to be the first partner to exceptional teams everywhere, from inception through all phases of private company growth. Accel has been operating in India since 2008, and its investments include companies like BookMyShow, BrowserStack, Flipkart, Freshworks, FalconX, Infra.Market, Chargebee, Clevertap, Cure Fit, Musigma, Moneyview, Mensa Brands, Myntra, Moglix, Ninjacart, Swiggy, Stanza Living, Urban Company, Zetwerk, and Zenoti, among many others. Atoms is a program by Accel India to support pre-seed startups with easy access to non-dilutive capital, mentorship from founders and operators, and a community to help them grow. We help ambitious entrepreneurs build iconic global businesses. For more, visit www.accel.com or https://twitter.com/Accel_India. About Ideaspring Capital Ideaspring Capital is an early-stage VC fund that is uniquely focused on investing in B2B “Enterprise Product Innovation” startups. Through their ‘Startup Assist’ program, they enable portfolio companies to achieve scale in technology, customer management, and operations thereby building products for a global footprint. For more information please visit Ideaspring | Ideaspring (ideaspringcap.com) Contact Details mason Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://getmason.io/

October 27, 2022 07:53 AM Eastern Daylight Time

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Comcast Business Enhances Fiction Tribe’s Cybersecurity with SecurityEdge™ Solution

Comcast Oregon / SW Washington

Comcast Business today announced that it is supplying Portland-based creative agency, Fiction Tribe, with Comcast Business SecurityEdge ™, Business Internet and 4G LTE Connection Pro Services, enabling the business to better safeguard its data and keep its employees connected while using a hybrid work model. Fiction Tribe is an independent digital creative agency with 25 employees and 10 contractors. Unlike typical creative agencies, Fiction Tribe uses machine intelligence technology to analyze seemingly disconnected data points and identify real-time insights and recommendations to its clients. This technology, combined with Fiction Tribe’s digital and creative acumen, offers its clients unmatched deployment times, targeted messaging and actionable analytics. Because of this operational reliance on technology and data, Fiction Tribe counts on its internet and cybersecurity solutions from Comcast Business to help protect client data whenever needed, no matter where employees are working from. “With employees across the globe from Portland to Portugal, which is now standard, we need to spend time growing the business instead of worrying about online threats,” said James Rice, CEO of Fiction Tribe. “As a small business without an IT department, we rely on Comcast Business. With SecurityEdge, we can help protect employee, guests’ and contractors’ devices on the network.” A few years ago, cybersecurity solutions were less attainable for small businesses due to high costs and fixed solution designs. With SecurityEdge™, businesses have access to an advanced network solution. It works to help block threats like malware, ransomware, phishing and botnet attacks across all connected devices on a business’ network while simultaneously preventing guests and employees from accessing suspicious websites. Fiction Tribe’s finds this feature an especially important cybersecurity measure to have when working with contractors and remote workers. “I look forward to viewing the SecurityEdge Activity Summary Report. It tells me all about our network threats, including phishing, malware, and botnets,” Rice explained. “We are comforted that it helps protect our employees’ and customers’ devices.” Paired with Comcast Business’ Internet, SecurityEdge™ seamlessly runs in the background, helping to protect the network’s data, and will do so even if a small business does not have a dedicated IT department. "We want businesses to be empowered to grow. We know there is risk in that, and we want to help businesses have peace of mind," said Alan Goldsmith, vice president of Comcast Business’ Oregon/SW Washington. "As the distributed workforce continues to expand and push the boundaries of digital collaboration, network support solutions will increasingly help define a business' success. That's why Comcast Business is proud to play a role in supporting Fiction Tribe's security solutions and connectivity operations." About Comcast Business: Comcast Business offers a suite of Connectivity, Communications, Networking, Cybersecurity, Wireless, and Managed Solutions to help organizations of different sizes prepare for what’s next. Powered by the nation’s largest Gig-speed broadband network, and backed by 24/7 customer support, Comcast Business is the nation’s largest cable provider to small and mid-size businesses and one of the leading service providers to the Enterprise market. Comcast Business has been consistently recognized by industry analysts and associations as a leader and innovator, and one of the fastest growing providers of Ethernet services. For more information, call 866-429-3085. Follow on Twitter @ComcastBusiness and on other social media networks at http://business.comcast.com/social. Contact Details Comcast Business Amy Keiter +1 503-407-9109 amy_keiter@comcast.com Company Website https://business.comcast.com/

October 26, 2022 07:01 AM Pacific Daylight Time

Dorai Home Launches Instant-Drying Plant Saucers

Dorai Home

Dorai Home, a leading developer of eco-chic home products that help prevent mold with instant-drying materials, today announced it has expanded its modern essentials product line with instant-drying Plant Saucers. Created with diatomaceous earth, a natural material designed to remove moisture, the saucers help keep counters and floors clean and dry rapidly. To rid homes of moisture in unwanted places, the Plant Saucers were added to Dorai Home’s product line to replace unappealing plastic water trays that are typically found beneath plants. The product's eco-chic design is an elevated approach that enhances a home's aesthetic in addition to protecting floors and counters from water damage. Diatomaceous earth holds up to 150% of its weight in moisture, causing water to quickly dissipate. This prevents bacteria and mold through the elimination of moist environments where these organisms thrive. “Over the years, our customers have inquired about which products they could use to catch water from the plants within their home instead of the standard plastic water trays. We have typically suggested the use of our Bath Stone, but based on customer feedback, we now have our Plant Saucers that are both functional and aesthetically pleasing,” said Alicia DeFinis, CEO of Dorai Home. “It’s a great alternative that reduces water in unwanted places and fits perfectly with your home's decor. We’re continuously expanding our products into other areas of the home through customers' feedback in our journey to maintain clean and chic spaces for people to thrive.” With a natural stone feel, the saucers pair perfectly with house plants to create a nature-inspired indoor environment. The versatile saucers are made from all-natural, non-toxic materials and come in a pair of two with rubber feet to protect your surfaces and floors and promote rapid drying. The Plant Saucers are available in Dorai’s popular slate color and three bundle options: Two small plant saucers (5.5”) - $50 Two large plant saucers (11.8”) - $65 Mixed, one small (5.5”) and one large (11.8”) - $60 To purchase, visit www.doraihome.com. About Dorai Home Dorai Home, eco-chic home products that help prevent mold with instant-drying materials, is a rapidly growing D2C brand that creates thoughtfully designed housewares made of sustainable materials that dry instantly. Dorai products are made from Diomat®, Dorai’s instant-drying technology that combines the moisture-banishing properties of diatomaceous earth with recycled paper fibers—a natural, eco-friendly way to prevent mold. Dorai Home was started in 2018 by two founders, Jason Klug and Kelsey O’Callaghan, with product design and operational expertise that has enabled 300% YOY growth. The company is headquartered in Salt Lake City. Learn more at https://doraihome.com/. Contact Details Dorai Home Sara Reister +1 215-896-3243 sjollycommunications@gmail.com Company Website https://doraihome.com/

October 25, 2022 10:00 AM Eastern Daylight Time

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NASDAQ: $SOPA Seeks to Strengthen Their Ecosystem 💪 Interview With Indonesia's GM, Patrick Soetanto

Society Pass Incorporated

Contact Details Dennis Nguyen: Founder, Chairman & CEO +1 877-440-9464 dennis@thesocietypass.com Company Website https://thesocietypass.com

October 21, 2022 12:15 PM Eastern Daylight Time

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Is This A Robotics Company With No True Competitors? Meet AvaWatz

AvaWatz Inc.

In many collaborative industries, effective communication, project management and systems for effective teamwork are now considered essential. As the demand for robots increases in various industries, the need for collaborative robots (cobots) is also seemingly rising — basic robots might not be able to effectively complete various tasks for companies that demand collaborative elements without complicated programming to do so. AvaWatz Inc. is a decision intelligence tech firm that supplies for the growing demand for cobots. The company created a product platform called ARYA that enables teams of mobile robotic agents to work together — either independently or alongside human partners — to perform complex multipart tasks. Powerful machine-learning methods combine the capabilities of individual mobile robots into a unified system for collaborative detection, decisioning and action. ARYA is scalable to support a range of indoor and outdoor scenarios. Cobots can be used in a variety of fields to perform tasks that are too difficult, dangerous or tedious for humans alone. Cobot teams are adaptable and might help solve challenging problems for public- and private-sector customers in industries such as the military, aviation, search and rescue, construction, infrastructure and transportation. The U.S. Air Force, Army and Department of Homeland Security are funding AvaWatz research and development to advance the existing technology. As robotic technology increases — as has been seen in recent years with the development of drones, self-driving cars and industrial mobile robots — the need for learning platforms that can assist cobot teams may also increase. An Emerging Field With Unique Opportunity And Growth? AvaWatz is a unique company because wherever there is a need for cobot teams, there is a need for programming to make them work. The company says it doesn’t have any true competitors yet because robotic manufacturers are customers, not competitors. Cobots likely aren’t going away anytime soon. In 2021, the global collaborative robots market size was valued at $1.01 billion and is expected to expand at a compound annual growth rate of 31.5% from 2022 to 2030. More than 500 companies are making products in the robotic industry, and because of the adaptability of AvaWatz technology, they are potential customers. AvaWatz says it has the technology to reach a huge market with virtually no competitors and only potential clients. This is a feat few companies might be able to boast of. Discover what the AvaWatz investment opportunity involves by clicking the offer link: https://www.startengine.com/avawatz AvaWatz is a decision-intelligence company charting a new frontier in “Cobots” - collaborative air and ground robots. Leveraging AI and advanced knowledge network technologies, our cooperative robotic services are programmed to carry out tasks too dangerous, difficult, or time-consuming for humans. Our initial services target airfields, ground transit, and surveillance missions across private, government, and defense sectors, with a working prototype piloted by the U.S. Air Force. Visit https://www.startengine.com/avawatz to learn more. This post contains sponsored advertising content. This content is for informational purposes only and is not intended to be investing advice. Contact Details Rajini Anachi rajini@avawatz.com Company Website https://avawatz.com

October 21, 2022 08:00 AM Eastern Daylight Time

CITY GEAR LAUNCHES ‘FRESH OFF THE BLOCK’ SERIES SPOTLIGHTING MEMPHIS SNEAKER CULTURE

Hibbett, Inc.

Hibbett, Inc., (NASDAQ:HIBB), an athletic-inspired fashion retailer with more than 1,100 Hibbett and City Gear specialty stores nationwide, today announced the launch of City Gear’s Fresh Off The Block (FOTB), a digital lifestyle series created to celebrate the stories of sneaker enthusiasts from cities across America. The first FOTB project takes place in Memphis, Tennessee and spotlights two inspiring individuals who grew up in the historical and tight knit community of Memphis. The two talk candidly about how the Memphis vibe has shaped their hobbies, interests, musical taste and sneaker style. “Memphis is the birthplace of City Gear and it seems fitting to kick off Fresh Off The Block in this culturally-rich community that has so much to offer from fashion and style to music and basketball,” said Sarah Sharp-Wangaard, VP Marketing, Hibbett. “We are grateful to our partners at Nike for helping us bring this project to life and look forward to seeing these stories gain momentum in more neighborhoods across the country.” The FOTB crew followed and filmed Kennedy Moore and PreauXX in and around Memphis and captured their perspectives and experiences with Memphis street culture. Viewers first hear from Kennedy Moore, @kmoorethegoat, a street baller, actor and comedian who’s love of basketball runs through his blood. He shows viewers around his hometown of Orange Mound, a cultural hub and storied part of Memphis built solely by and for African Americans in 1890. Cameras captured Moore on the court as he shared his true love of all things basketball and fashion. Moore recalls that growing up in Memphis, all the kids would wear all white Nike Air Force 1’s. “Everyone knew that you had to have all white Forces, it’s a rule, don’t come to school without them. In Memphis we’re gonna put a flavor on something. You can give us a basic outfit and we’ll make it feel like the best thing ever. If I have on a basic outfit, but I have on white Force’s, I’m good. And as far as basketball in Memphis, everyone wanted to play basketball and everyone wanted to be like Alan Iverson growing up. My favorite player that came from Memphis is Penny Hardaway. Probably the best player that ever played for Memphis and now we got Ja Morant, we just keep getting better.” Next, the crew meets up with PreauXX, @preauxx, a rapper and performing artist who has strong ties to his Memphis community. PreauXX says his favorite things about Memphis are the people and culture, the ease of navigating the city and the wings. The crew catches up with PreauXX in the studio where audiences hear his musical style, which is as unique as his fashion. “The Memphis music scene is indoctrinated in my sound, the bounce, the rawness of the people. I truly believe if you make it in Memphis you can make it anywhere. We don’t care how fly you are, how much money you have, it’s who you are and that stands the test of time.” Discussing the 40 th Anniversary of the Nike Air Force 1, PreauXX recalls how he was inspired by the Nelly era. “You had to have the Air Force 1 hightop with the tongue hanging out and they had to be crispy. If you step outside with dirty Forces there is something wrong with you.” PreauXX describes his personal style as eclectic, very colorful, very sly, very smooth and luxurious. “I love a shoe that tells a story and stands out in a way that only a few people can pull off. A cream shoe with some natural earth tones is so player to me. Memphis fashion has made me fearless, in your face as much as possible. Not in what I wear, but how I wear it.” FOTB debuts today with two episodes that can also be viewed across multiple platforms including; Hibbett | City Gear, Nice Kicks, and on social channels at @CityGear and @NiceKicks. About Hibbett, Inc.Hibbett, headquartered in Birmingham, Alabama, is a leading athletic-inspired fashion retailer with 1,117 Hibbett and City Gear specialty stores, located in 36 states nationwide. Hibbett has a rich history of convenient locations, personalized customer service and access to coveted footwear, apparel and equipment from top brands like Nike, Jordan, and adidas. Consumers can browse styles, find new releases, shop looks and make purchases online or in their nearest store by visiting www.hibbett.com. Follow us @hibbettsports and @citygear on Facebook, Instagram and Twitter. Contact Details Wendy Yellin pr@hibbett.com Company Website https://www.Hibbett.com

October 20, 2022 12:00 PM Central Daylight Time

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What are Americans’ Favorite Halloween Treats?

YourUpdateTV

A video accompanying this announcement is available at: https://youtu.be/SXzlPzJXjZc Spooky, ooky, creepy and crawly? It must be Halloween – and this year, 93% of Americans intend to celebrate in a big way with plans to enjoy their favorite chocolate and candy treats, according to a recent survey from the National Confectioners Association. Whether consumers are enjoying new and innovative offerings or classic candy corn, confectionery is an iconic part of the season’s celebrations. No matter how you plan to celebrate the Halloween season, there’s no doubt that chocolate and candy play a major role in the holiday celebrations. Whether you’re going to a Halloween party, welcoming trick-or-treaters or even just enjoying a little treat for yourself, Halloween treats are a key piece of the season. This Halloween season is even sweeter because America’s chocolate and candy companies delivered on their commitment to help consumers manage their sugar intake by providing more transparency, choice and portion guidance options. 85% of chocolate and candy sold today comes in packaging that contains 200 calories or less per pack. That number includes individually wrapped products or multipacks that contain smaller packages inside – the perfect size for the 97% of Americans who say they welcome trick-or-treaters with chocolate and candy. The Halloween season brings people together. Sharing treats is a perfect way to connect with others – especially as people are looking for more moments of celebration than ever before. To help Americans navigate the Halloween season while enjoying their favorite treats, NCA has a robust set of resources available at AlwaysATreat.com/Halloween, where consumers can find tricks for treating in 2022, including safety tips, history lessons and fun facts about the season. To join the conversation on social media, use #HalloweenTreats, and follow NCA on Facebook, Twitter and Instagram. Happy Halloween! About the National Confectioners Association (NCA): The National Confectioners Association is the leading trade organization for the U.S. confectionery industry, which generates more than $37 billion in retail sales each year. Making chocolate, candy, gum and mints, the industry employs nearly 58,000 workers in more than 1,600 manufacturing facilities across all 50 states. NCA advocates for an environment that enables candy makers to thrive and work to ensure that chocolate and candy are celebrated for their contributions to culture, society, the economy and everyday moments of joy. Learn more at CandyUSA.com or follow NCA on Facebook, Twitter and Instagram. Contact Details YourUpdateTV +1 212-736-2727 yourupdatetv@gmail.com

October 20, 2022 11:13 AM Eastern Daylight Time

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