MySize Appoints Chief Commercial Officer Javier Brandwain to Accelerate Revenue Growth

Rhea-AI Summary

My Size, Inc. (NASDAQ: MYSZ) has appointed Javier Brandwain as its first Chief Commercial Officer. Brandwain brings extensive experience from leading roles in the fashion and retail industries, recently at 7 For All Mankind. His expertise will drive business development and expansion, particularly targeting new markets. With over 1,000 retail clients, My Size aims to leverage its $10 million cash balance for accelerated revenue growth. The leadership change is seen as pivotal in boosting global sales efforts and enhancing MySizeID's value in e-commerce.

Positive

• Appointment of Javier Brandwain brings significant experience in retail and fashion.
• Over 1,000 retail clients validate My Size's business model.
• A $10 million cash balance positions the company to expand into new markets.

Negative

• None.

AIRPORT CITY, Israel, Feb. 2, 2022 /PRNewswire/ --  My Size, Inc. (NASDAQ: MYSZ) (TASE: MYSZ.TA) ("MySize" or the "Company"), the provider of AI-driven measurement solutions to drive revenue growth and reduce costs for its business clients, is pleased to announce the appointment of Javier Brandwain as its first-ever Chief Commercial Officer.

Javier Brandwain brings significant global experience in retail and the fashion industry, and held numerous leadership roles in business development, operations, and international markets, which are specifically relevant for MySize. Most recently, Mr. Brandwain served as Director of Latin America and Caribbean at 7 For All Mankind International, where he was in charge of business development and expansion, and managed operations across Latin America and the Caribbean. Before that, he served as Chief Business Development Officer and Managing Director in Latin America and the Caribbean at Replay – Fashion Box SPA, where he oversaw business development and operations, expansion and control in the Americas, the Caribbean, and North-East Asia. In addition, Mr. Brandwain has held similar executive positions at Authentic Brands Group LLC, Calvin Klein, Givenchy, Nautica, Report Collection/Modextil, Inc., and Andrew Koenig International, Inc.

Mr. Brandwain, Chief Commercial Officer of MySize, stated, "I am extremely eager to join MySize at this exciting time of growth, as their business model and value has been validated by over 1,000 retail clients. I believe MySize is at a major inflection point to utilize Company's $10 million plus cash balance to penetrate additional markets and accelerate revenue growth. MySizeID adds significant value to the fashion e-commerce retail environment and I am pleased to now be part of it."

Ronen Luzon, Chief Executive Officer of MySize, commented, "We are thrilled to attract Javier to us as part of the senior leadership team, as we look to greatly expand our global business development and sales efforts. Javier's vast global experience covers many significant fashion corporations and brands globally, including 7 For All Mankind, Replay, Authentic Brands Group, Calvin Klein, Givenchy and Nautica. He is a results focused International Business Development Executive with a proven ability to identify and capitalize on international market opportunities to open and penetrate new markets, drive revenues and deliver strong bottom-line profit growth. He has a proven ability to "think outside the box" to conceive and launch new product offerings to expand market presence in highly competitive industry and excels in building and managing strong business relationships and strategic alliances to create mutually beneficial business opportunities. We look forward to expanding our visibility and client base through his network of global business relationships."

About My Size, Inc.

My Size, Inc. (NASDAQ: MYSZ) (TASE: MYSZ.TA) 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. 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 Twitter.

Please click here for a demonstration of how MySizeID provides a full sizing solution for the retail industry.

Register here for a free plan of MySizeID solution for your online store.

Please click here to download MySizeID for iOS.

Please click here to download MySizeID for Android.

To learn more about MySize and for additional information, please visit: our website: www.mysizeid.com.

Forward-looking Statements:

This press release contains certain forward-looking statements within the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements are identified by the use of the words "could," "believe," "anticipate," "intend," "estimate," "expect," "may," "continue," "predict," "potential," "project" and similar expressions that are intended to identify forward-looking statements. All forward-looking statements speak only as of the date of this press release. You should not place undue reliance on these forward-looking statements. Although we believe that our plans, objectives, expectations and intentions reflected in or suggested by the forward-looking statements are reasonable, we can give no assurance that these plans, objectives, expectations or intentions will be achieved. Forward-looking statements involve significant risks and uncertainties (some of which are beyond our control) and assumptions that could cause actual results to differ materially from historical experience and present expectations or projections. Actual results to differ materially from those in the forward-looking statements and the trading price for our common stock may fluctuate significantly. Forward-looking statements also are affected by the risk factors described in the Company's filings with the U.S. Securities and Exchange Commission. Except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events.

U.S. Press Contact: 
Strauss Communications 
joel@strausscomms.com
www.strausscomms.com

Investor Contacts:
Or Kles, CFO 
ir@mysizeid.com

Brian Loper
ClearThink
bloper@clearthink.capital

 

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/mysize-appoints-chief-commercial-officer-javier-brandwain-to-accelerate-revenue-growth-301473608.html

SOURCE My Size Inc.

FAQ

What is the significance of Javier Brandwain's appointment at My Size (MYSZ)?

Javier Brandwain's appointment as Chief Commercial Officer is significant as it brings extensive experience in the retail and fashion sectors, vital for expanding My Size's global business development.

How many retail clients does My Size currently have?

My Size currently has over 1,000 retail clients, which validates its business model.

What are My Size's plans for revenue growth in 2022?

My Size plans to utilize its $10 million cash balance to penetrate additional markets and accelerate revenue growth.

What role does MySizeID play in My Size's strategy?

MySizeID adds significant value to the fashion e-commerce retail environment and is a key component of My Size's strategy for growth.