MySize Awarded Contract from Dockers | Financial Buzz

MySize Awarded Contract from Dockers

MySize, Inc. (NASDAQ: MYSZ) has announced a contract from Dockers (Turkey).  Dockers is an American brand of garments and other accessories from Levi Strauss & Co. (NYSE: LEVI).  Dockers has decided to integrate MySize’s AI-driven sizing technology solution.  The integration of MySizeID widget has reduced return rates for a subsidiary of the world’s global leader in jeans wear.  Mrs. Duygu Durak, Dockers Business Development Manager of Dockers (Turkey), stated, “We have witnessed firsthand how MySize has enabled Levi’s Turkey reduce return rates by up to 47%, saving the company on the costly reverse logistics. Getting to know our customers better and reducing the hassle, time and expense of merchandise returns, while becoming more sustainable, are all reasons for integrating MySize into our offerings. Demonstrating a strong Return On Investment (ROI), MySize is poised for expansion within our family of brands and geographies.”

Ronen Luzon, Chief Executive Officer of MySize, commented, “Our successful integration and results with Levi’s Turkey has led us to this additional opportunity. We believe our land and expand strategy of initially working with a part of a larger company and then being able to penetrate additional brands and geographies within that company will enable us to accelerate our revenue growth in a much quicker timeframe. We look forward to continuing to work with Levi’s and Dockers in improving their conversion rates and lowering their return rates, resulting in a better customer experience and cost savings.”

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