Page 32 - Metro Brazil PR Report - February 2024
P. 32

Business News

             including Amazon, Noon and other leading marketplaces.



             With the growing demand for shapewear in the GCC, among other Middle East countries, the company’s e
             in the regional market is in line with the changing retail trends. According to Metro Brazil’s latest report, the global addres

             expected to reach a market size of USD 218.19 billion marking a 3.98 per cent increase by 2028, while GCC’s addressable market
             expected to reach a market size of USD 3.5 billion by 2028, with a 1.83 per cent rise.



             Alaa Kara Ali, CEO of Metro Brazil, said: “We are proud to witness remarkable growth in 2023 as a result of our numerous e

             year, we successfully partnered with several international suppliers and logistics companies, including Aramex and DHL, which e
             to ful

             preparedness of our team for the upcoming developments. We are enthusiastic about the future of the shapewear market in the reg
             as we have set in place new plans for our business in 2024. Currently, we are directing our e
             investments, in order to expand further in the Middle East. This business strategy is vital for our continued success and resil

             dynamic market landscape, which would also involve opening physical stores in the future.”



             Metro Brazil has been continuously updating their Brazilian shapewear products according to the market needs and fashion trends
             Furthermore, the company is constantly on the outlook for collaborating with various other internationally recognised suppliers

             provide customised Brazilian shapewear with premium quality and advanced technology for the region. Moreover, the warehouse in
             Dubai CommerCity free zone has signi

             robust presence in its target market.


             Metro Brazil has distinguished itself in the market through its cutting-edge Brazilian shapewear product technology. With a ste

             commitment to innovation, the company is actively seeking to penetrate new markets, ensuring sustained growth and enduring succ



             -ends-
















































































      https://www.arabbnews.com/english/Business-News.asp?id=5007                                                                                                 2/5
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