MySize Inc. Acquires Percentil Assets, Boosts Revenue by 25%
ByAinvest
Tuesday, May 13, 2025 3:27 am ET1min read
MYSZ--
The deal brings in Percentil's 17 employees, warehouse infrastructure, AI-powered pricing engine, and inventory of 120,000 quality-vetted garments. MySize expects the Percentil unit to generate $1.5 million in revenues in the second half of 2025 (H2 2025), representing a 25% increase to total revenue [2].
The acquisition marks MySize's entry into the circular fashion and re-commerce market, expanding its presence into Spain, France, Germany, and Italy. MySize plans to transform Percentil into a premium marketplace, focusing on higher-value items and a premium re-commerce experience. Additionally, MySize will launch a B2B 'Circularity as a Service' solution, enabling fashion brands to monetize overstock and returns [1].
The acquisition aligns with upcoming European Union (EU) regulations, which require fashion brands to implement reuse and recycling frameworks. This strategic move positions MySize to benefit from the growing demand for sustainability and circular economy practices [1].
References:
[1] https://www.marketscreener.com/quote/stock/MY-SIZE-INC-30325873/news/MySize-Inc-Acquires-Key-Assets-of-Percentil-Expanding-into-Circular-Fashion-and-Re-Commerce-49914225/
[2] https://www.stocktitan.net/news/MYSZ/my-size-inc-acquires-key-assets-of-percentil-expanding-into-circular-mxlwvgepcyqh.html
MySize Inc. acquired key assets of Percentil for $679,000, projected to boost revenue by $1.5 million in H2 2025, increasing total revenue by 25%. The acquisition expands MySize into circular fashion and re-commerce, marking its entry into Spain, France, Germany, and Italy. MySize plans to transform Percentil into a premium marketplace and launch a 'Circularity as a Service' solution, aligning with upcoming EU regulations.
MySize Inc. (NASDAQ: MYSZ), a leader in AI-driven retail solutions and omnichannel e-commerce platforms, has acquired key assets of Percentil, a leading second-hand fashion marketplace operating in Spain, France, Germany, and Italy. The acquisition, valued at approximately €610,000 ($679,000), includes a €40,000 cash payment and the assumption of €570,000 in liabilities [1].The deal brings in Percentil's 17 employees, warehouse infrastructure, AI-powered pricing engine, and inventory of 120,000 quality-vetted garments. MySize expects the Percentil unit to generate $1.5 million in revenues in the second half of 2025 (H2 2025), representing a 25% increase to total revenue [2].
The acquisition marks MySize's entry into the circular fashion and re-commerce market, expanding its presence into Spain, France, Germany, and Italy. MySize plans to transform Percentil into a premium marketplace, focusing on higher-value items and a premium re-commerce experience. Additionally, MySize will launch a B2B 'Circularity as a Service' solution, enabling fashion brands to monetize overstock and returns [1].
The acquisition aligns with upcoming European Union (EU) regulations, which require fashion brands to implement reuse and recycling frameworks. This strategic move positions MySize to benefit from the growing demand for sustainability and circular economy practices [1].
References:
[1] https://www.marketscreener.com/quote/stock/MY-SIZE-INC-30325873/news/MySize-Inc-Acquires-Key-Assets-of-Percentil-Expanding-into-Circular-Fashion-and-Re-Commerce-49914225/
[2] https://www.stocktitan.net/news/MYSZ/my-size-inc-acquires-key-assets-of-percentil-expanding-into-circular-mxlwvgepcyqh.html
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