Hong Kong Seminar Explores Global Cotton Market Issues
CCI's seminar on “Cotton – Global Market and Sourcing and Consumer Trends” in Hong Kong brought together more than 120 participants from along the cotton textile supply chain, including renowned manufacturers, brands and retailers.
CCI co-organized the event with the Hong Kong Association of Textile Bleachers, Dyers, Printers and Finishers; Hong Kong Cotton Spinners’ Association; Sustainable Fashion Business Consortium; Textile Council of Hong Kong; and the Hong Kong General Chamber of Commerce.
The seminar kicked off with a presentation from Ray Shiu, Chairman of the Hong Kong Association of Textile Bleachers, Dyers, Printers and Finishers and COO of Wah Fung Group —an important COTTON USA licensee in Hong. Shiu discussed the business growth of global retailers such as H&M, GAP, Uniqlo and Ralph Lauren after a fragile economic recovery in 2014.
Felix Chung, a member of the Legislative Council of Hong Kong for the Textiles and Garment constituency, elaborated on the new business model and sourcing trends under the influence of e-commerce. Jane Singer from Inside Fashion detailed the new buying behaviors of the consumer in the online marketplace.
Participants included: 5.11 Tactica Sourcing, Advanced Denim, Asia Denim Innovation Alliance, Burberry, Carter’s, China Red Textiles, Coats, Cotton Incorporated, Dorway Garment, Dystar, Easy Link Cotton, Esprit, Esquel, Everlight HK, Fang Brothers, Fantastic Garments, Ford Glory, Fortune Base, Hang Mee Sipp, HK Productivity Council, HSBC Global Assets Management, Hua Fu, Jim Fung, Levi’s, LF Sourcing, M&S, Mintilex Int’l, Natalia Fashion, New Way Fashion, New Jersey, Next Sourcing, Perry Ellis, Quiksilver, Ralph Lauren, Russell, San Yang, Shenzhen Topson, Sky Winner, TAL, VF Wah Fung and Weave Services.