MySize Inc. Expands Naiz Fit Platform with Acquisition of ShoeSize.Me, Adding AI-Powered Footwear Sizing to Its Fashion Tech Roll-Up Strategy
MySize Inc. Expands Naiz Fit Platform with Acquisition of ShoeSize.Me, Adding AI-Powered Footwear Sizing to Its Fashion Tech Roll-Up Strategy |
| [11-September-2025] |
Strategic Move Bolsters MySize's B2B & Tech Portfolio and Aligns with Retail Data Generation strategy AIRPORT CITY, Israel, Sept. 11, 2025 /PRNewswire/ -- MySize, Inc. (NASDAQ: MYSZ) ("MySize" or the "Company"), a leading AI-driven measurement and fashion technology solutions provider, today announced the acquisition of ShoeSize.Me, a European SaaS company specializing in AI-powered footwear sizing and fit solutions. The transaction, structured primarily as a share deal, underscores MySize's commitment to protecting its cash position while executing its strategic roll-up plan led by CEO Ronen Luzon. ![]()
ShoeSize.Me serves 20+ fashion retailers, with a strong footprint in Central Europe and key clients including Alshaya Group (Foot Locker partner in the Middle East). The company is on track to surpass €0.5 million in SaaS revenues in 2025 through its ShoeAI solution, which delivers highly accurate footwear sizing recommendations. "This acquisition marks another milestone in our consolidation strategy," said Ronen Luzon, CEO of MySize. "By bringing together Naiz Fit's leadership in apparel and ShoeSize.Me's cutting-edge footwear solution, we are building the most comprehensive sizing platform in the market. This not only expands our geographic reach but strengthens our cross-selling potential and our position as a consolidator in fashion tech." Beyond commercial expansion, ShoeSize.Me strengthens MySize's data strategy. The company's technology has already analyzed more than 92million consumer shopping experiences, 23 million shoe sizes on 19 international scales, 1.2 million shoe models and more than 6.000 brands across footwear categories, adding critical depth to Naiz Fit's growing data lake. This enriched data set is expected to accelerate product innovation, improve accuracy, and generate new insights for retail partners. "Joining MySize and Naiz Fit gives us the scale and platform to accelerate ShoeAI adoption globally," said Timo Steitz Founder of ShoeSize.Me. "Together, we are redefining how consumers find the right fit—whether in clothes or shoes—while helping retailers reduce returns, improve margins, and build customer loyalty." This acquisition follows MySize's strategy to identify and acquire synergistic businesses that strengthen its SaaS portfolio and data assets. With apparel, footwear, and big data now under one platform, MySize continues to position itself as the go-to technology consolidator for solving fashion e-commerce's sizing challenge. Pursuant to the terms of the acquisition, MySize issued an aggregate of 241,093 shares of common stock to the sellers of ShoeSize.Me plus a cash payment of an aggregate of $150,000. In addition, in connection with the acquisition, MySize issued a five-year milestone vesting warrant to purchase 28,000 shares of common stock to a key employee of ShoeSize.Me. About My Size, Inc. 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 X (formerly known as Twitter). For more information, visit www.mysizeid.com. Cautionary Statement Regarding Forward-Looking Statements Logo: https://mma.prnewswire.com/media/689689/MySize_Logo.jpg Investor Contacts:
SOURCE My Size Inc. | ||
Company Codes: Berlin:2YJ,Berlin:2YJ0,Berlin:2YJ1,Frankfurt:2YJ,Frankfurt:2YJ0,Frankfurt:2YJ1,Munich:2YJ,Munich:2YJ0,Munich:2YJ1,NASDAQ:MYSZ,NASDAQ-CM:MYSZ,Stuttgart:2YJ,Stuttgart:2YJ1 |













