The current status of the Hong Kong clothing industry Available to Purchase

With limited local demand, the Hong Kong clothing industry is traditionally export‐oriented for developed country markets. Local entrepreneurs, with the impetus of international trading experience, have led the industry to prosper and gain continually number one status in global clothing trade during the 1970s and 1980s. After the number of clothing factories and work‐force peaked in 1984, the industry contracted and demonstrated a slow rate of growth in domestic exports. On the other hand, the re‐exports counterpart has shown significant increases since the 1980s and has allowed Hong Kong to maintain the leading trading status with total clothing exports. This paper reviews the development trend and current scenario of the Hong Kong clothing industry and identifies the future strategy that the industry is likely to pursue.