Page 63 - Metro Brazil PR Report - March 2024

Metro Brazil expands footprints in KSA to contribute to booming retail and eCommerce market
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.

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