Page 37 - Metro Brazil PR Report - March 2024

Metro Brazil expands footprint in KSA - LogisticsGulf
Metro Brazil expands

footprint in KSA

March 12, 2024 | Posted by LG Content Team

Thereby contributes to booming retail and e-Commerce market

Metro Brazil, the leading retail and e-Commerce
company for Brazilian shapewear in the Middle East
has expanded its opera ons into the Kingdom of Saudi

Arabia (KSA) with its commitment to enhance the
growing retail sector.

Projec ons indicate a substan al expansion of the KSA
retail market, an cipated to reach US$ 54.46bn by
2028. Metro Brazil is poised to leverage this growth

with its state-of-the-art eCommerce pla orm, and best
in class products, addressing the evolving demands of
the fashion retail market, according to a press
communique.
Alaa Kara Ali, CEO,

Metro Brazil
Notably, the Saudi Arabian eCommerce market is
expected to grow at a compound annual growth rate

(CAGR) of 15.01 per cent to reach US$ 27.37bn by 2029. This upward trajectory in
eCommerce revenue is poised to make a significant and posi ve impact on the overall
economy of KSA.

Thriving market

By expanding into the region, Metro Brazil aims to tap into the thriving market,
leverage opportuni es for growth, and contribute significantly to the flourishing

economy, all while adhering to their global expansion goals.

“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,” affirmed Alaa Kara Ali, CEO, Metro Brazil.

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