Page 37 - Metro Brazil PR Report - March 2024
P. 37
Metro Brazil expands footprints in KSA to contribute to booming retail and eCommerce market - LogisticsGulfNews.com
customer-centricity, and global growth. Our mission is to provide unparalleled choices in luxury fashion
shapewear, tailored precisely to the discerning tastes of customers across the KSA region. Thorough
market research studies were conducted by our team of experts to understand Saudi consumers’
demands, preferences, and purchasing habits. With a steadfast focus on technological innovation, we will
deliver a seamless and secure shopping experience that precisely caters to the unique demands of the
market. We look forward to establishing the company as the ultimate destination for premium Brazilian
brands through various strategic partnerships and investments, thereby enriching individuals’ confidence.”
Metro Brazil’s research is centred on customising online shopping experience to successfully meet the
expectations of KSA customers by taking into account the cultural nuances and fashion trends as well as
incorporating local payment methods. While the KSA eCommerce market is growing positively, the UAE
market is projected to reach USD 9.2 billion in 2026, creating an opportunity for Metro Brazil’s success in
both these markets.
Furthermore, to capture a considerable size of the KSA shapewear and stocking market which is
projected to reach a market size of more than USD 7 million by 2028, the company will officially open
physical showrooms in Riyadh and Jeddah, as part of their new expansion strategy, bridging the gap
between traditional retail experiences and the digital marketplace.
Additionally, the company’s plans include collaborations with local finance and investment organisations,
such as Growth Venture Capital, Investment Pools, and Angel Investors, as well as access to emerging
markets and incentives for technological advancements. Metro Brazil’s strategic plans will set new
industry benchmarks, placing a strong emphasis on unparalleled customer experience, improved security,
and dynamic user engagement.
https://www.logisticsgulfnews.com/e-commerce/metro-brazil-expands-footprints-in-ksa-to-contribute-to-booming-retail-and-ecommerce-market/ 2/2