Business Outlook
The fashion and textile industry will prioritise sustainability and ethical production practices, enhancing reputation competitiveness through environmentally friendly manufacturing, responsible sourcing, and transparent supply chains.
Fashion and textile enterprises’ investment in digital technologies and e-commerce platforms will drive future growth, as fashion brands embrace online retail, digital marketing, and personalised customer experiences.
Industry-wide exploration of AI and technology applications will transform various aspects, from design to supply chain management and consumer experiences.
Encouraging collaboration among designers, manufacturers, and technology providers will spur innovation and creativity, leading to the development of unique and marketable products.
The fashion and textile industry has to address workforce and talent challenges by attracting young professionals, and injecting fresh ideas, innovation, and energy into the industry.
The industry has to equip fashion and textile professionals with updated knowledge in design, technology, sustainability, and marketing through talent development programmes and training opportunities.
Opportunities arise from the HKSAR Government's commitment to arts, culture, and creative industries, allowing stakeholders in fashion to contribute actively to cultural exchanges and preserve traditional techniques.