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Graft Polymer "getting toward the end" of production upgrade process

Graft Polymer (UK) PLC

Graft Polymer (UK) PLC (LSE:GPL) independent non-executive director Alex Brooks speaks to Proactive's Thomas Warner about the progress the polymer modification specialist is making in expanding its manufacturing facility in Slovenia. Brooks reveals what's been achieved so far, and gives his take on how the business is positioned following its listing in January 2022. Contact Details Proactive UK Ltd Proactive UK Ltd +44 20 7989 0813 uk@proactiveinvestors.com

March 02, 2023 07:07 AM Eastern Standard Time

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News Release

DSG Global introduces new line of golf carts including the SR1 and Shelby

DSG Global

DSG Global CEO Bob Silzer joined Steve Darling from Proactive to share news about the company that is using its GPS systems in power carts to enhance the golf experience. Silzer explained some of the features its clients are using. He also shared with Proactive the move into the golf cart business including the Single Ride carts and the deal the company has done with Shelby. Contact Details Proactive Investors Canada +1 604-688-8158 na-editorial@proactiveinvestors.com

March 01, 2023 02:04 PM Eastern Standard Time

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ToolsGroup Announces Significant Enhancements To Its Industry-Leading Demand Planning Solution

ToolsGroup

ToolsGroup, a global leader in retail and supply chain planning and optimization software, has announced the latest version of its Service Optimizer 99+ (SO99+) software, making major advancements in its forecasting and demand sensing capabilities. This is just the latest of the company’s significant strides towards making supply chains a force for good by helping organizations guarantee service, reduce excess stock, and increase profits. “ToolsGroup SO99+ improved the accuracy of our forecasts for slower moving items by 5-10%,” said Sarah Voorhees, Vice President of Demand and Inventory Planning at American Tire Distributors. “Better probabilistic forecasts translate into better fulfillment, helping us reduce inventory, carry less safety stock, and increase revenue through fewer stockouts.” With the release of v8.60, ToolsGroup aims to further improve customer experience and supply chain performance with expanded capabilities that now deliver: - A New Product Introduction (NPI) Dashboard that provides an interactive display for SO99+ NPI forecasting. The dashboard enables immediate what-if scenario planning for all the attributes that may impact the performance of a new product introduction, a deeper understanding of the variables that affect the success of a new product launch, and the rationale supporting the projections for the launch forecast. - Automatic Forecast Model Backtesting that eliminates the typically time-consuming, manual calibration process of configuring, defining, and simulating forecast models, delivering significant forecasting accuracy improvements nearly automatically. - Re-Forecasting Based on Pre-orders that empowers users to incorporate actual orders into probabilistic forecasts to better determine future demand, improving short- and medium-term forecast accuracy while enabling customers to respond quickly and proactively to market changes. - Machine Learning Speed and Accuracy Enhancements, thanks to the implementation of new light gradient-boosting machine functionality (LightGBM) into the SO99+ machine learning engines. By incorporating this advanced modeling technique, SO99+ delivers unmatched machine learning scalability and results, ensuring faster processing and major forecast accuracy improvements. - Flexible Forecast Aggregation that simplifies demand planning by allowing demand teams to plan at the aggregate level, while retaining the variables and details necessary for accurate supply planning processes. This ensures higher-quality, more flexible forecasts because SKUs are no longer restricted to a single hierarchical view. “As businesses continue to face significant disruptions across their supply chains, new challenges are constantly rising to the forefront. Demand planners need to be able to act quickly and decisively,” says ToolsGroup CEO, Inna Kuznetsova. “With this release, we have improved the power of our demand planning and demand sensing abilities in SO99+ and further enable our customers to navigate uncertainty and make the most informed planning decisions faster. More accurate forecasts translate into less waste and greater customer satisfaction, making supply chains a force for good in demand.” These exciting new capabilities add to the industry leading innovations in SO99+ which include: - Probabilistic Forecasting that combines historical, real-time, and other demand-relevant data into an probabilistic model that determines the possibility (and likelihood) of a range of outcomes, accounting for risk and enabling greater planning dexterity. It seamlessly self-adjusts to a wide variety of demand behaviors, generating optimal forecasts in uncertain demand scenarios. - Demand Sensing that helps users better leverage granular data to capture changes in the market before they happen, ensuring proactive adjustments in demand planning and lower downstream latency while still delivering optimal service levels, ensuring fewer lost sales and increased revenues. - Self-Adaptive, Frequency-Based Forecasting that effectively forecasts both fast-moving items and products with intermittent demand by capturing network-wide changes and events and accounting for both order size and order frequency, delivering the most accurate forecast available. - Machine Learning Engines that are mapped to every unique attribute that can affect a forecast, from seasonality and promotions to causals and external factors, ensuring the most accurate and robust forecasts on the market. With SO99+, ToolsGroup provides the power of dynamic planning to over 365 customers across 45 countries, enabling intelligent decision making at the speed of business that transforms supply chain performance. Customers report a 5-10 percentage point improvement in forecast accuracy and a 3-5 percentage point increase in service levels while simultaneously achieving a 20-30% inventory reduction. Built-in automation cuts the planning workload by up to 90% and helps companies reduce waste by 10-30%. For more information about SO99+, read our blog on the 8.6 release HERE. ToolsGroup’s innovative AI-powered solutions enable retailers, distributors, and manufacturers to navigate through supply chain uncertainty. Our retail and supply chain planning suites empower a new level of fast, intelligent decision making and unlock powerful business improvements in forecast accuracy, service levels, and inventory - delighting customers and achieving financial and ESG KPIs. Stay in touch with ToolsGroup on LinkedIn, Twitter, YouTube, or visit www.toolsgroup.com. Contact Details Meir Kahtan +1 917-864-0800 mkahtan@rcn.com Company Website https://www.toolsgroup.com

February 28, 2023 10:30 AM Eastern Standard Time

GEMXX CORPORATION POSTS POSITIVE QUARTERLY RESULTS OF OPERATIONS AND GIVES CORPORATE UPDATE

GEMXX CORP.

McapMediaWire -- GEMXX CORPORATION (OTC: GEMZ ) $GEMZ (“the Company”), a leader in the Ammolite Gemstone Mine to Market Segment, Posts Positive Quarterly Revenues The Company is highlighting significant achievements solidifying its strong foundation for aggressive growth in the coming year. Shares issued and outstanding are 96,866,845. The Quarter’s Account Receivables have increased to $690,310.00 compared to the same Quarter last year which was $318,390.00. Net Income increased to $182,992.00 compared to $126,360.00 in the previous Quarter. Total Long-Term liabilities have been reduced to $0.00 as compared to $226,759.00 last year. The Total Assets of the Company have increased year over year by $1,226,354 to $18,610,757.00. The Company’s, Form 1-A to raise up to $6,000,000 USD at $0.40 per share pursuant to the Offering Statement is fully qualified https://www.otcmarkets.com/stock/GEMZ/disclosure. Shareholders, investors, institutions and financiers interested in participating in the Regulation A Financing are encouraged to visit https://www.gemxx.com/invest or contact Company officials for more information. “The company continues to build a solid foundation for growth and expansion.” Stated Jay Maull, GEMXX Corporation, CEO. “We continue to focus on growth by working with our strategic partners and customers alike to supply cruise lines, shopping channels and retail stores. This is done with hard-work and determination supplemented by the company’s ability to offer great Ammolite jewelry designs.” ABOUT GEMXX CORPORATION GEMXX Corporation is a publicly traded, mine-to-market gemstone and jewelry producer with global reach that owns mining resources, production facilities, and operating assets. GEMXX controls each stage of its production including gemstone production, jewelry manufacturing and global distribution. GEMXX is a leading producer of top-quality finished Ammolite and Ammolite jewelry. The company’s world-class gemstone cutters and jewelry designers are continuously leading the Ammolite industry in new and exciting directions. Our management team is made up of the industry's leading experts with a combined total of 160 years of Ammolite gemstone and jewelry business experience. Visit www.gemxx.com for more information. SAFE HARBOR STATEMENT This press release contains forward-looking statements that can be identified by terminology such as "believes," "expects," "potential," "plans," "suggests," "may," "should," "could," "intends," or similar expressions. Many forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any future results implied by such statements. These factors include, but are not limited to, our ability to continue to enhance our products and systems to address industry changes, our ability to expand our customer base and retain existing customers, our ability to effectively compete in our market segment, the lack of public information on our company, our ability to raise sufficient capital to fund our business, operations, our ability to continue as a going concern, and a limited public market for our common stock, among other risks. Many factors are difficult to predict accurately and are generally beyond the company's control. Forward-looking statements speak only as to the date they are made, and we do not undertake to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements are made. For more information, press only: GEMXX Corporation PR CONTACT: Jay Maull ir@gemxx.com www.gemxx.com Contact Details Jay Maull ir@gemxx.com Company Website http://www.gemxx.com/

February 28, 2023 09:30 AM Eastern Standard Time

Top Fashion Brands Use AI-Driven Omnichannel MySizeID And Naiz Fiz To Deliver The Right Size The First Time Around

MySize, Inc.

By Ernest Dela Aglanu, Benzinga Shopping for clothing online, while convenient, can at the same time be very difficult, especially because the buyer can't try the clothes on first. All too often, they may receive apparel that doesn't fit – sometimes marring an otherwise great experience. A survey conducted by Power Reviews revealed that clothing topped the list of items returned by customers who purchase online. Clothing led with 88% returns, followed by shoes at 44%, and electronics at 43% as the most returned product categories. The survey further explained that the top three reasons people gave for returning an item were that it didn't fit (70%), the item was damaged or defective (65%), or the item didn't match the description (49%). These fit-related problems are costing retailers worldwide $642.6 billion, and only 48% of returns can be resold at full price. Even worse, an estimated 5 billion pounds of returns end up in landfills. To help solve this nagging problem and ensure customers receive clothing and other items that fit, MySize Inc. (NASDAQ: MYSZ) (TASE: MYSZ.TA), an omnichannel e-commerce platform and provider of artificial intelligence (AI)-driven measurement solution, has been partnering with a growing list of top retailers. Since 1999, the company has developed products such as MySizeID and recently acquired Naiz Fit to enhance customers' shopping experience by helping them find the perfect fit while driving revenue growth and reducing costs for its business clients. MySize says it is helping fashion brands and retailers use AI to create virtual try-on experiences. Now, customers can use their smartphones to create a profile and then virtually try on different clothing items. Top Fashion Brands Are Using MySize Technology Interestingly, some big brands have adopted MySize AI-driven measurement solutions to enhance customer experience while maximizing profits, serving as a testament to the quality of their product. In May last year, Denim brand Levi Strauss & Co. (NYSE: LEVI) revealed that it was adding more digital tools like MySize technology to help customers find the right size jeans as part of its mandate to grow direct-to-consumer sales. The company said it would implement two new digital fit features to its site: a predictive fit algorithm and a photo bank of products on people of different body types. Forint S.p.a., a leading Italian maker of uniforms for customers including the Vatican, Italy’s Presidency, and the Senate, in December 2022, selected the MySizeID sizing solution for its business. The company said it would offer MySizeID to all its business-to-business customers, providing a smarter and easier way to interact, resulting in a seamless experience and more accurate service. Another company that has adopted MySize's technology is Estudio de Moda SAS, a leading Colombia-based retail company with a portfolio of brands, including Diesel, Celio, Superdry PLC (LON: SDRY), Marithe François Girbaud, and Replay. The company announced on January 5 this year it will implement MySizeID sizing solution on its Diesel Colombia e-commerce site. Apart from the announcements mentioned above, MySize has entered into agreements with Temperley London, a luxury British fashion brand, and 7 For All Mankind (Brazil), a premium global clothing brand, to license its MySizeID apparel sizing solution. Also, after a year of proven success with Levi Strauss & Co. Turkey (Levi's Turkey), Dockers (Turkey) decided to integrate MySize's proprietary AI-driven sizing technology solution. According to the company, the successful integration of the MySizeID widget has reduced return rates for a subsidiary of the world's global leader in jeans wear. MySize believes that its technology, compared to others, can provide several advantages to consumers — especially including a better fit the first time — and retailers, who can save money because returns are reduced. People are also more likely to buy more when they are confident about fit. The technology also benefits the environment as it reduces waste associated with returns, carbon footprint, and clothing being discarded. This article was originally published on Benzinga here. 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

February 28, 2023 09:00 AM Eastern Standard Time

Midas touch: British jewellery brand 7879 accelerates sales 977% in Y1 as revenues double

7879

British jewellery pioneer brand 7879 is today reporting a 977% increase in sales as revenue numbers set to double to £3m in 2023, just 12 months since launch. Founded by SecretSales.com founder Sach Kukadia and former BCG exec Ben Flowers, 7879 produces wearable jewellery items with two distinct features; all items are made from investment grade bullion and responsibly mined Platinum and are priced transparently for the first time (typically more than half of high street sellers) by weight in real-time according to the international bullion market. The growth and scale at 7879 has been led by customers seeking a fresh approach to collecting jewellery as quarterly revenues jumped 977% from Q1 to Q4 in the first year’s trading. Average order values increased linearly to £500 and continue to grow, while repeat customers have contributed almost 50% of revenue numbers over the year with some buying up to 19 times within a few months. Customers are split 60:40 female to male ratio as all products listed are unisex. The introduction of transparent pricing has led to a disproportionately higher volume of platinum to gold sales, compared to the industry average. The company’s name 7879 reflects the atomic numbers for platinum and gold on the periodic table, with all items being made from 100% recycled 24k gold or ethically mined platinum. 7879 customers can, for the first time, buy pure precious metals in the form of wearable jewellery, accurately reflecting the items true underlying cost, providing everyday jewellery that can generate potential yields on the metal value. The jewellery’s precious metals value can be tracked through a personalised online portfolio where they can sell back their items, regardless of its condition, for the prevailing price of platinum or gold. When items are sold back to 7879, the company melts the items down and repurposes the metal into new pieces, creating a circular ecosystem with a focus on sustainability and their carbon footprint. All packaging is fully recyclable too and uses no plastic. Sach Kukadia, co-founder and CEO of 7879 commented: “We had a brilliant first year and are set to take off in 2023. Consumer behaviour post pandemic has shifted towards smart purchases that may offer reduced risk. Our jewellery will hold monetary value forever and we believe jewellery should be viewed with the same investment thesis as property, wine or fine art. It is clear consumers want value exchange with every purchase; not only do we promise liquidity at any time but we sell jewellery pieces produced using a superior purity, for a fraction of the price, as well as a guaranteed sustainability promise. Furthermore, at a time of significant economic uncertainty, we believe selling jewellery transparently – not just in terms of pricing but also in quality – is key to paving the way to a sustainable future.” The 7879 collection, comprises unisex pieces in weighted and solid 24-karat recycled gold or responsibly mined platinum, is designed in-house, with each piece hand finished, ASSAY office approved, hallmarked, certified and authenticated for the purity of metal. Every piece bought from 7879 comes with a lifetime warranty as well as having the benefits of being hypoallergenic and antimicrobial. “Gold and platinum landed on earth in a colossal meteor shower 4 billion years ago and in its purest form, it is antimicrobial and hypoallergenic, making our jewellery perfectly positioned in a world of heightened sanitisation post pandemic.” added Ben Flowers, CTO and cofounder at 7879. 2022 - key business highlights: February - Launched 'Made to Order' program (never out of stock) April - Launch in Selfridges as part of their “Shopping the Future” campaign May - 7879 generates £130k in sales June - 7879 receives £5.5m seed investment October - Launch of London Underground and Billboard Campaign November - 7879 launches in Harrods for Black Friday and Christmas December - 7879 finishes year on £1.5m+ sales Following a successful start, 7879 plans to quickly expand abroad in the first half of 2023 driven by demand from brand partners and retailers in the USA, Europe and the Middle East. New product launches are planned every month with a focus on everyday wear. About 7879 Transparency lies at the heart of the business. Product prices are driven by weight, real-time international bullion markets, and an honest craftsman's fee. This straightforward pricing formula enables consumers to track their jewellery's daily value using their personalised portfolio. If they decide for whatever reason to sell, 7879 guarantees to buy back all pieces based on the prevailing market price minus a nominal transaction fee. 7879 takes its sustainability responsibilities seriously. Items sold back to 7879 are subsequently melted down and recycled, thereby creating a circular ecosystem that reduces impacts to the environment. All the gold used is made from recycled gold, and all the platinum is responsibly mined. 7879 also minimises its environmental footprint by using recyclable material for their packaging. For more information please visit https://7879.co/ Further background Sach has a proven track record in e-commerce and fashion, having founded Secret Sales, the UK’s pre-eminent flash sales platform for fashion and accessories, with his brother Nish. Under their leadership Secret Sales was scaled into a business with annual revenues of £50m and a team of 150 within eight years, before selling the business. Secret Sales was ranked in The Sunday Times Tech Track 100 as one of the UK's fastest growing private companies and Sach personally has been recognised as Fashion Entrepreneur of the Year 2014 (Great British Entrepreneur Awards), Entrepreneur of the Year 2015 (Asian Achievers Awards) and featured in Retail Week's E-tail Power List Top 50 in both 2015 & 2016. Sach also chairs Rehaus, a digital marketplace for pre-owned designer furniture. Ben Flowers comes from a technology background, having worked in various London-based start-ups and software consultancies. He has most recently been working as a Venture CTO at BCG Digital Ventures (BCGDV), the dedicated business-building firm of Boston Consulting Group (BCG). BCGDV is the industry's leading business builder and has launched nearly 200 trailblazing businesses, with a success rate that is unmatched industry wide. Contact Details 7879 Bilal Mahmood +44 7714 007257 b.mahmood@stockwoodstrategy.com Company Website https://7879.co/

February 28, 2023 07:00 AM Eastern Standard Time

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CleverTap’s Fintech Benchmark Report: Only 1 in 5 users that install fintech apps sign up within week one

CleverTap

CleverTap, the modern integrated retention cloud, released its Industry Benchmark Report for Fintech Apps 2022. As fintech apps continue to grow more popular, the number of players vying for market share has increased. This has subsequently reduced customer retention and “stickiness” for any one brand. Therefore, today more than ever, it is crucial that fintech companies find ways to drive customer “stickiness” by engaging users in effective ways that eventually drive transactions and fuel growth. The report reflects data collected from Asia-Pacific, Europe, India, Latin America, Middle-East, and North America. The report gives marketers a truly holistic view of key metrics within the fintech app landscape.It also spans a wide variety of fintech apps, including, but not limited to, mobile payment apps, cryptocurrency, and block chain services, along with banking and insurance among others. These insights will not only serve as a helpful starting point for developing successful engagement strategies, but also assist in understanding how an app fares in comparison to global averages. Some of the key metrics in the report include: Install to sign-up rate: Only 1 in 5 users that install fintech apps (21%) end up signing up within the first week. Average time to sign-up: 70% of the users that sign-up, do so within 75 seconds of launching the app for the first time. Sign-up to conversion rate: 95% of newly signed-up users make at least one financial transaction in the first month. Average time to convert: 76% of newly signed-up users move from onboarding to deeper-in-the-funnel engagement within an average of 7 days. Session frequency: On average, fintech app users launch their app around 11 times a month. Average repeat transaction rate for new users: 15% of newly signed-up users complete more than one transaction in the first week. Average click-through rate for push notifications: On average, 9% of Android users and 6% of iOS users will click on and interact with push notifications. Average click-through rate for in-app notifications: The click-through rate for in-app notifications is 24%, that’s about 3 times more than that of push notifications. Average email open rate: 34% users open emails sent by fintech companies Average Stickiness Quotient: Fintech apps enjoy a stickiness quotient of 22%, that indicates nearly one-quarter of MAUs consistently return to their fintech apps “The fintech industry has seen exponential growth in the last few years. Given the relentless competition within the space, fintech platforms need to step up their Omnichannel engagement efforts to better retain customers,” said Jacob Joseph, VP-Data Science, CleverTap. “The benchmark metrics laid out in our report provide a great starting point for growth marketers looking to develop effective marketing strategies. They will be able to compare numbers against global averages and pinpoint which aspects they are excelling at and which areas could use some attention or innovation.” 95% of new fintech users complete a monetary transaction in the first month. This shows that while users see value in fintech apps, it’s important to adopt customized user engagement strategies to boost retention on the platform. Today there is a real need for fintech brands to bake-in effective marketing strategies within their apps. Users will remain responsive as long as the experience is engaging and seamless. The benchmark report helps fintech apps understand how to build successful mobile communication campaigns, and also allows growth marketers to discover areas that require greater focus. The report can be downloaded here. About CleverTap CleverTap is the World's #1 Retention Cloud that helps app-first brands personalize and optimize all consumer touch points to improve user engagement, retention, and lifetime value. It's the only solution built to address the needs of retention and growth teams, with audience analytics, deep-segmentation, multi-channel engagement, product recommendations, and automation in one unified product. The platform is powered by TesseractDB™ - the world’s first purpose-built database for customer engagement, offering both speed and economies of scale. CleverTap is trusted by 2000 customers, including Gojek, Electronic Arts, TED, English Premier League, TD Bank, Carousell, AirAsia, Papa Johns, and Tesco. Backed by leading investors such as Sequoia India, Tiger Global, Accel, and CDPQ the company is headquartered in Mountain View, California, with presence in San Francisco, New York, São Paulo, Bogota, London, Amsterdam, Sofia, Dubai, Mumbai, Singapore, and Jakarta. For more information, visit clevertap.com or follow on LinkedIn and Twitter. Forward-Looking Statements Some of the statements in this press release may represent CleverTap's belief in connection with future events and may be forward-looking statements, or statements of future expectations based on currently available information. CleverTap cautions that such statements are naturally subject to risks and uncertainties that could result in the actual outcome being absolutely different from the results anticipated by the statements mentioned in the press release. Factors such as the development of general economic conditions affecting our business, future market conditions, our ability to maintain cost advantages, uncertainty with respect to earnings, corporate actions, client concentration, reduced demand, liability or damages in our service contracts, unusual catastrophic loss events, war, political instability, changes in government policies or laws, legal restrictions impacting our business, impact of pandemic, epidemic, any natural calamity and other factors that are naturally beyond our control, changes in the capital markets and other circumstances may cause the actual events or results to be materially different, from those anticipated by such statements. CleverTap does not make any representation or warranty, express or implied, as to the accuracy, completeness or updated or revised status of such statements. Therefore, in no case whatsoever will CleverTap and its affiliate companies be liable to anyone for any decision made or action taken in conjunction. Contact Details Sony Shetty sony@clevertap.com Company Website https://clevertap.com/

February 27, 2023 02:51 PM Eastern Standard Time

HomeRoots Partners with Kuehne+Nagel to streamline Transportation and Fulfilment Options for Customers

Homeroots

FEB 27, 2022 – HomeRoots, a B2B e-commerce furniture and home decor platform, announced today that it has formed a partnership with Kuehne+Nagel, one of the world’s largest freight forwarding company. This partnership will allow HomeRoots’ customers to purchase competitive container and air freight services that include a comprehensive one-stop solution to quoting, booking, and tracking freight services. This partnership will help facilitate HomeRoots need for speed in getting goods to market, but also helps HomeRoots offer low carbon shipment options for a more sustainable future. “Our customers, especially mid-size independent hoteliers expect more efficient ways to purchase Furniture, Fixtures and Equipment. They want a B2B online experience that is just like shopping for their own homes. Collaborating with HomeRoots allows Kuehne+Nagel to take a boutique logistics service offering to next level, while increasing opportunities for HomeRoots beyond the typical retail business.” says Holger Altvater; Global Head of Hospitality Logistics. Gil Bar-Lev, CEO of HomeRoots said that “HomeRoots' partnership with Kuehne-Nagel puts the two companies ahead of the competition. There are very few selling platforms that provide logistics solutions on such a scale. The opportunity to work with Kuehne-Nagel is exciting for multiple reasons. HomeRoots' partners will be able to benefit from efficient logistics solutions via Kuehne+Nagel solid network, its leading market position and sustainable product portfolio.” This also allows manufacturers and factories that did not have the capabilities or the know-how, to enter the U.S. market. Conversely, Kuehne+Nagel existing customers who are currently importing furniture and home décor items will can collaborate with an even larger sector of customers that includes HomeRoots ever growing U.S. based sales channel of customers. According to Reuters, 70% of U.S. economic activity results in merchandise derived from ocean container shipments. Many of these shipments are plagued with difficulties, delays, and lack of transparency that make international exchange difficult. Bar-Lev said “Our goal is for our customers who order containers to be able to do so by adding items to their cart on the HomeRoots platform and completing checkout like the end consumer ordering grocery items. The existing process which is highly complex and high touch will be completely transformed. This is a real game-changer.” “Kuehne+Nagel allows us to bring direct access to the next evolution of premier freight service and options to our customers and suppliers” said Diane Narwid, VP of Merchandising from HomeRoots. We relish the opportunity to help ease the pain points our customers and factories might be experiencing in terms of getting goods safely, quickly, and competitively into the US. This partnership will play a valuable role in allowing HomeRoots to be the ultimate one-stop-shop for B2B online sales of furniture and home decor products, but also open doors to additional industry and logistics brokering opportunities. About Kuehne+Nagel With over 80,000 employees at almost 1,300 locations in over 100 countries, the Kuehne+Nagel Group is one of the world's leading logistics companies. Its strong market position lies in sea logistics, air logistics, road logistics and contract logistics, with a clear focus on integrated logistics solutions. About HomeRoots HomeRoots is the market leader in B2B sales of Furniture, Home Decor, Rugs, & Lighting products. HomeRoots offers an ever-growing e-catalog of products IN STOCK and ready to ship to your location or direct to your customer. HomeRoots customers range from interior designers and hospitality projects to small and large e-commerce/brick and mortar retailers. HomeRoots mission is to offer an unparalleled breadth of assortment at competitive pricing and to make the B2B online shopping experience as easy as the B2C online shopping experience. For more information, please visit https://www.homeroots.co/ Contact Details HomeRoots Diane Narwid +1 862-203-8249 contactus@homeroots.co Company Website https://www.homeroots.co/

February 27, 2023 11:38 AM Eastern Standard Time

High Apparel Returns Can Have Significant Impact On The Environment, As An Estimated Five Billion Pounds End Up In Landfills; MySize (NASDAQ: MYSZ) May Have The Solution

MySize, Inc.

By Ernest Dela Aglanu, Benzinga MySize Inc. (NASDAQ: MYSZ) (TASE: MYSZ.TA), an omnichannel e-commerce platform and provider of artificial intelligence (AI)-driven measurement solutions, is systematically carving a niche for itself as a leader that believes in environmental sustainability. For over two decades, the company has been working to solve two critical problems facing the fashion retail industry — customers receiving apparel that doesn’t fit and reducing returns that sometimes end up in landfills. A survey conducted by Power Reviews revealed that clothing topped the items returned by customers who purchase online. Clothing led with 88%, shoes were at 44%, and electronics at 43% rounded off the list of the top three most returned product categories. The study further elucidated that the top three reasons people gave for returning an item were that it didn’t fit (70%), the item was damaged, or defective (65%), or the item didn’t match the description (49%). These fit-related problems are estimated to be costing retailers worldwide $642.6 billion, and only 48% of returns can be resold at full price. While it’s expected that returned apparels go back on sale, that’s unfortunately not always the case because retailers seem to spend more on assessing and repackaging them than trashing them, which may appear cheaper. Sadly, an estimated five billion pounds of returns end up in landfills, prompting experts to conclude that fashion has developed a notorious environmental footprint — accounting for up to 10% of global carbon dioxide output. There are now concerns that the fashion industry will retain its unwanted reputation as a significant contributor to climate change should marketing practices that encourage waste and fuel emissions continue to persist. While some brands like Burberry Group plc. (LON: BRBY), Nike Inc. (NYSE: NKE) and American Eagle Outfitters Inc. (NYSE: AEO) have moved toward donating and repurposing returned goods, a large number of retailers are still trashing returns. Now, concerns around environmental sustainability are influencing consumer behavior. The Capgemini Research Institute found that almost 80% of consumers are changing their shopping habits based on social responsibility and environmental impact. This is where MySize ’s sustainability-focused business practices could enhance value in the industry, especially as there is currently a global push for the reduction of waste and preservation of resources like clean air, water and wildlife for future generations. Brands are more likely to use MySize’s solutions to show their consumers that they are green. Some well-known brands have already adopted the company’s technology. On January 24, MySize revealed that Germany-based multidisciplinary fashion label Rotholz had selected and fully implemented the Naiz Fit sizing solution on its e-commerce site. A press release by the company said the selection showed how fashion could be made in harmony with nature, people, and ethics, as Rotholz works in collaboration with creatives from all over the world to bring together advanced design and production processes. “Naiz Fit is now used throughout Europe and beyond to create a superior customer experience and to support sustainable shopping. We welcome Rotholz as our latest fashion brand to adopt a MySize sizing solution, and we’re pleased to be a part of their corporate sustainability ethic,” Ronen Luzon, MySize CEO and founder, said. Spain-based Natura also fully implemented the Naiz Fit sizing solution allowing customers shopping at Natura’s online stores and its 200 physical stores throughout Spain, Portugal, Italy, and Andorra to use the Naiz Fit app to take their measurements and match their ideal fit with Natura’s apparel collections. Natura has been committed to making the world a better place with its unique and environment-friendly products, including a broad selection of apparel for women, men, and children. Through the Natura Award, the company has been creating a positive impact around the world by supporting more than 70 humanitarian aid and nature protection projects since 1994. MySize entered into an agreement with 7 For All Mankind (Brazil), a premium global clothing brand, to license its MySizeID apparel sizing solution in August last year. “7 For All Mankind’s commitment to continuous improvement to serve humanity is admirable, and MySizeID is pleased to partner with them in their mission,” Luzon said. Esber Hajli, CEO of 7 For All Mankind (Brazil), on her part, commented, “By implementing MySizeID, an innovative, market-leading sizing solution, we believe we can significantly reduce returns and its associated financial and environmental costs.” This article was originally published on Benzinga here. 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

February 24, 2023 09:15 AM Eastern Standard Time

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