Mission Statement, Vision, & Core Values of My Size, Inc. (MYSZ)

Do you ever wonder what drives a company like My Size, Inc. (MYSZ)? It all boils down to their mission, vision, and core values. In 2024, MySize, Inc. saw an 18% increase in revenue, reaching $8.26 million, and more than doubled their cash reserves. But what exactly is their guiding star that led to such growth, and how do these principles translate into tangible results?

Understanding these elements provides insight into the heart of the company's strategy and its commitment to transforming the e-commerce landscape. Ready to explore the mission, vision, and core values that propel My Size, Inc. forward?

My Size, Inc. (MYSZ) An Overview of

My Size, Inc. specializes in sensor-based measurement technology, primarily focusing on the apparel industry. The company offers solutions that address size matching challenges in online shopping, aiming to reduce returns and enhance customer satisfaction. Their core technology facilitates accurate body measurements using smartphone-based sensors, which helps consumers find the right fit when purchasing clothing online.

As of April 2025, while specific real-time sales figures are not available, My Size, Inc. continues to serve a global market with its measurement solutions. The company has established partnerships with various apparel brands and retailers to integrate its technology into their e-commerce platforms. These collaborations enhance the shopping experience by providing personalized sizing recommendations, which can lead to increased sales and customer loyalty.

My Size, Inc. has demonstrated notable financial performance in its latest reporting period. According to the fiscal year 2024 data, the company reported record revenue, driven significantly by the sales of its core measurement solutions. Here are some key highlights:

• Revenue Growth: The company experienced a substantial increase in revenue, marking it as a record year for financial performance.
• Main Product Sales: Sales of the company's primary measurement solutions were a significant driver of this revenue growth.
• Market Expansion: My Size, Inc. expanded its presence in key markets, contributing to the overall increase in sales.

My Size, Inc. stands as one of the leaders in providing innovative sizing solutions for the apparel industry. The company's dedication to reducing sizing errors and improving the online shopping experience has positioned it as a key player in the market. To delve deeper into understanding the factors behind My Size, Inc.'s success and its strategic positioning in the industry, further insights are available here: Exploring My Size, Inc. (MYSZ) Investor Profile: Who’s Buying and Why?

My Size, Inc. (MYSZ) Mission Statement

My Size, Inc. focuses on developing and marketing size-matching solutions, primarily through its MySizeID™ platform. While a formal, publicly declared mission statement is not readily available in recent corporate communications, My Size, Inc.'s actions and objectives, as conveyed through press releases and investor updates, suggest a clear, underlying mission. The company aims to tackle the challenges consumers face with online apparel sizing. My Size, Inc. addresses these issues by providing innovative, technology-driven solutions that enhance the shopping experience, reduce costs associated with returns, and boost customer satisfaction.

My Size, Inc.’s efforts are centered on:

• Improving Sizing Accuracy: Using smartphone-based measurement technology to deliver precise size recommendations.
• Enhancing the Customer Experience: Making online shopping smoother and more reliable.
• Reducing Return Rates: Helping consumers find the right fit, which decreases the frequency of returns due to incorrect sizing.

The absence of a formal mission statement doesn't diminish the clarity of the company's goals, which are evident in its technological advancements and strategic partnerships. You can find more background information on the company at: My Size, Inc. (MYSZ): History, Ownership, Mission, How It Works & Makes Money.

My Size, Inc. (MYSZ) Vision Statement of

My Size, Inc. (MYSZ) operates within the technology sector, focusing on creating solutions for size matching. Understanding the company's vision, mission, and core values provides insight into its strategic direction and operational philosophy. These elements guide My Size, Inc.'s actions and reflect its commitment to innovation and customer satisfaction.

While a specific, formally declared vision statement for My Size, Inc. was not found in the provided search results, the company's activities and solutions suggest an overarching vision:

To revolutionize the apparel industry and enhance consumer confidence by providing precise, technology-driven size matching solutions that eliminate sizing uncertainty and promote a seamless shopping experience.

This inferred vision encompasses several key aspects:

• Technological Innovation: My Size, Inc. aims to be at the forefront of size-matching technology, continuously developing and refining its solutions to meet the evolving needs of consumers and retailers.
• Consumer Empowerment: By offering accurate sizing tools, the company seeks to empower consumers to make informed purchasing decisions, reducing the likelihood of returns and increasing satisfaction.
• Industry Transformation: My Size, Inc. envisions transforming the apparel industry by addressing the persistent problem of inconsistent sizing, thereby improving the overall shopping experience and reducing environmental impact through fewer returns.

Similarly, while a direct mission statement was not available in the search results, we can infer a mission statement based on My Size, Inc.'s core activities and objectives:

To develop and deliver innovative, user-friendly size matching solutions that integrate seamlessly into the retail environment, providing consumers with accurate sizing recommendations and enabling retailers to optimize inventory management and reduce costs.

This inferred mission statement highlights several critical components:

• Innovation and Development: My Size, Inc. is committed to creating cutting-edge technology that addresses the challenges of apparel sizing.
• User-Friendly Solutions: The company focuses on designing solutions that are easy to use and integrate into existing retail platforms.
• Mutual Benefit: My Size, Inc. aims to provide value to both consumers and retailers by improving the shopping experience and optimizing business operations.

Based on the nature of My Size, Inc.'s operations and its focus on technology and customer satisfaction, the following core values can be inferred:

• Accuracy and Precision: A commitment to providing highly accurate size matching solutions.
• Innovation: A focus on continuous improvement and the development of new technologies.
• Customer Satisfaction: A dedication to meeting the needs of both consumers and retailers.
• Integrity: Maintaining ethical standards in all business practices.
• Collaboration: Working closely with partners and clients to achieve shared goals.

These inferred values reflect My Size, Inc.'s dedication to quality, innovation, and customer-centric solutions. To gain more insights into My Size, Inc. (MYSZ), consider exploring this resource: Exploring My Size, Inc. (MYSZ) Investor Profile: Who’s Buying and Why?

My Size, Inc. (MYSZ) Core Values of

As of April 2025, while direct, officially published statements of mission, vision, and core values for My Size, Inc. are not readily available, we can infer the company's operational priorities and commitments from its activities, investor relations, and overall business strategy. This approach allows us to understand what My Size, Inc. values in practice, even without explicit declarations.

Based on available information, key inferred values include:

• Innovation: Evident in their development of sizing solutions using AI and machine learning.
• Customer Focus: Demonstrated by aiming to improve the fit and shopping experience for consumers.
• Growth and Scalability: Seen in their efforts to expand partnerships and integrate their technology across various platforms and retailers.

Let's explore these inferred values in more detail:

Innovation

Innovation appears to be a central value for My Size, Inc. This is reflected in their core product offerings, which utilize advanced technology to solve sizing challenges in the apparel industry. For example, the development and ongoing refinement of their AI-driven sizing solutions demonstrate a commitment to staying at the forefront of technological advancements. This innovation is crucial for improving the accuracy and efficiency of online apparel shopping, directly addressing a significant pain point for consumers. My Size, Inc.'s focus on innovation is not just about creating new products but also about continuously improving existing solutions to meet the evolving needs of the market.

Examples of My Size, Inc.'s commitment to innovation include:

• The continuous development of proprietary AI algorithms.
• The creation of new applications for various platforms.
• Seeking patents for their technological advancements.

Customer Focus

My Size, Inc. demonstrates a strong customer focus by prioritizing solutions that enhance the shopping experience. Their technology aims to reduce the uncertainty and frustration associated with online apparel sizing, which can lead to higher customer satisfaction and loyalty. By providing tools that help consumers find the right fit, My Size, Inc. addresses a critical need in the e-commerce space. This focus on the customer is also evident in their efforts to integrate their technology seamlessly into existing retail platforms, making it easy for consumers to use. Ultimately, My Size, Inc.'s dedication to customer satisfaction drives their product development and business strategy.

Examples of My Size, Inc.'s customer-centric approach include:

• Offering sizing solutions that improve fit accuracy.
• Integrating technology into various e-commerce platforms.
• Seeking feedback to improve user experience.

Growth and Scalability

Growth and scalability are also key values for My Size, Inc., as evidenced by their strategic partnerships and expansion efforts. The company seeks to integrate its technology with a wide range of retailers and platforms, increasing its market reach and potential revenue streams. This focus on scalability is essential for maximizing the impact of their technology and achieving long-term success. By establishing partnerships with established players in the apparel industry, My Size, Inc. can leverage existing infrastructure and customer bases to accelerate growth. Their business model is designed to be easily adaptable to new markets and platforms, further supporting their growth objectives.

Examples of My Size, Inc.'s focus on growth and scalability include:

• Forming strategic partnerships with retailers and e-commerce platforms.
• Expanding technology to new markets.
• Developing scalable business models.

To gain more insights into the investors and the reasons behind their investment decisions, check out this resource: Exploring My Size, Inc. (MYSZ) Investor Profile: Who’s Buying and Why?