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Hong Kong continues to supply quality branded fashion despite threat of rising costs.
The Hong Kong apparel industry has been transformed since its early days as a cut, make and trim (CMT) manufacturer of garments. Rising costs have made manufacturing in the territory increasingly uncompetitive.
(PRWEB) January 31, 2004 --Research and markets announces the addition of this new report entitled "Competitiveness of the Hong Kong Apparel Industry: From Manufacturer to Fashion Hub" to its offerings.
The Hong Kong apparel industry has been transformed since its early days as a cut, make and trim (CMT) manufacturer of garments. Rising costs have made manufacturing in the territory increasingly uncompetitive.
Domestic production has declined as Hong Kong firms have relocated manufacturing operations to mainland China in an attempt to remain competitive. Nonetheless, Hong Kong has maintained its role as a supplier of quality, branded fashion collections and as a regional sourcing hub, taking advantage of its international network and accumulated skills.
Increasingly, it is also adopting advanced manufacturing and information technology which is seen as essential to future competitiveness.
For a complete index of this report click on http://www.researchandmarkets.com/reports/42914
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