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MySize Signs LOI to Acquire EyeFitU Assets and Expand Its AI Sizing Platform Globally

MySize is sharpening its fashion tech play, with subsidiary Naiz Fit signing a non binding Letter of Intent to acquire selected assets of EyeFitU AG, a

MySize Signs LOI to Acquire EyeFitU Assets and Expand Its AI Sizing Platform Globally
BusinessNews

MySize Signs LOI to Acquire EyeFitU Assets and Expand Its AI Sizing Platform Globally

Credit: MySize

MySize is sharpening its fashion tech play, with subsidiary Naiz Fit signing a non binding Letter of Intent to acquire selected assets of EyeFitU AG, a Switzerland based digital sizing specialist whose platform currently generates about $440,000 in annual recurring revenue. The deal is designed to strengthen Naiz Fit’s AI sizing engine, deepen its European footprint and fold more brands and data into MySize’s four part platform for cutting returns and moving inventory.​

Naiz Fit moves to acquire EyeFitU’s sizing tech and clients

Under the non binding LOI, Naiz Fit would acquire a wide slate of EyeFitU assets, including proprietary sizing algorithms, platform technology and codebase, Shopify integration APIs, the FootScanner app, anonymized sizing databases, trademarks, domains, customer contracts, and CRM data. Once closed, these would be integrated into Naiz Fit to enhance its AI powered sizing capabilities and expand its global customer base.​

EyeFitU works with international fashion and…

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