Page 22 - Metro Brazil PR Report - March 2024

Metro Brazil expands footprints in KSA to contribute to booming retail and eCommerce market - Dubai Hospitality News

Metro Brazil’s research is centred on customising online shopping experience to successfully meet the
expecta ons of KSA customers by taking into account the cultural nuances and fashion trends as well as
incorpora ng local payment methods. While the KSA eCommerce market is growing posi vely, the UAE
market is projected to reach USD 9.2 billion in 2026, crea ng 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
tradi onal retail experiences and the digital marketplace.

Addi onally, the company’s plans include collabora ons with local finance and investment organisa ons,
such as Growth Venture Capital, Investment Pools, and Angel Investors, as well as access to emerging
markets and incen ves 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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