Page 48 - Metro Brazil PR Report - March 2024
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Metro Brazil expands business in Saudi Arabia to boost e-commerce market - Mubasher Info
Alaa Kara Ali, CEO of Metro Brazil, commented: “This strategic step reaffirms our
unwavering commitment to innova on, 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.”
“We look forward to establishing the company as the ul mate des na on for premium
Brazilian brands through various strategic partnerships and investments, thereby
enriching individuals’ confidence,” Ali con nued.
Moreover, the UAE market is projected to stand at $9.20 billion in 2026, securing a key
opportunity for Metro Brazil's success in both these markets.
The company is set to officially open physical showrooms in Riyadh and Jeddah, bridging
the gap between tradi onal retail experiences and the digital marketplace. This is to
capture a considerable size of the Saudi stocking market that is an cipated to hit a market
size of more than $7 million by 2028.
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