Page 36 - Metro Brazil PR Report - February 2024

Metro Brazil witnesses 210 per cent sales growth in 2023 | UAE News 24/7
METRO BRAZIL WITNESSES 210 PER

CENT SALES GROWTH IN 2023

FEBRUARY 8, 2024 UAENEWS247 LEAVE A COMMENT

Metro Brazil witnesses 210 per cent sales growth in 2023, strategizes
market expansion in 2024

The retail and eCommerce company report forecasts GCC addressable
market to reach USD 3.5 Billion by 2028, marking a 1.83% growth

UAE, February 08, 2024

Metro Brazil, a leading retail and eCommerce company for Brazilian
shapewear products in the Middle East, witnessed a remarkable growth
in 2023 fuelled by a 210 per cent increase in sales and a 161 per cent rise
in the number of orders from GCC countries. The expecta onal growth is
a ributed to the company’s strategic collabora ons, integra on of
advanced technologies and its state-of-the-art warehouse in Dubai
CommerCity free zone.

Capitalising on this growth, Metro Brazil aims to expand its footprint
across online marketplaces in the Middle East region in 2024, including
Amazon, Noon and other leading marketplaces.

With the growing demand for shapewear in the GCC, among other
Middle East countries, the company’s effort to strengthen its posi on in
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