Page 63 - Metro Brazil PR Report - March 2024
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Metro Brazil expands footprints in KSA to contribute to booming retail and eCommerce market | iHeartEmirates
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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