Innovative designs and better price to lead the Designer apparel Market in Hong Kong REQUEST FOR SAMPLE REPORT Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit The leading company of designer apparel and footwear in Hong Kong in terms of sales was leisurewear during 2016. In banking sector and government workers, formal wear is indispensable. On the other hand, there is increase in freedom in terms of work apparel for the workers in other industries as dress code became semi-formal. In Hong Kong, there is increase in number of people who have shown formality in their work attire with several designs apparel and footwear, which had led to rapid growth in sales of formal wear as well as of leisurewear. The Hong Kong apparel and footwear retailing continued with a good performance, despite of low mainland tourists activity in the city. Most of the brands rely on their local customers for growth, except some luxury apparel and footwear brands, which attract foreigners. In 2016, decreased amount of tourist did not affect the footwear market tremendously. There is a tight competitive landscape for business as well as consumers because of rise in new brands in Hong Kong in 2016. According to the market research report “Designer Apparel and Footwear (Ready-To-Wear) in Hong Kong, China“, a new trend of sportswear and sports-inspired apparel and footwear from past years is gaining popularity and has become the main pursuit for consumers. Consumers have shifted towards practical clothing and performance sportswear, as consumer’s preference has become more health-conscious and athletic. Special addition and collaboration addition items of brands have become very popular among consumers. These items are sold for more than three times the original price and are often popular with private buyers, which had led to increase in prices of sportswear. Consumers are looking for better quality products, as the living standards have improved in Hong Kong, and patrons are becoming educated about fashion and trends. There is increase in knowledge about foreign brands and open-mindedness among local shopkeepers about products style. To increase sales among low class and middle-income consumers, the brand have transferred runway items into affordable options. Many brands have established their internet retailing channels in order to capture online customers. This is because many customers look towards international brands online and tend to purchase it as they get an advantage of price and special limited editions. In Hong Kong stores, a large number of fast retailing brands have developed their online stores for customer’s convenience. However, some brands are still running on a low efficiency. In addition, fast retailing brands are quickly expanding and improving its services to gain more popularity like order and delivery system. Without being affected by the downfall in the number of tourist visits in Hong Kong, fast retailing brands are expanding and growing because of innovative designs and better price. Multiple foreign fast retailing brands are expanding and are becoming competition for other brands in Hong Kong. It has led to improvement in quality and services to encourage more consumer purchases. For further details of the report visit: https://www.kenresearch.com/consumer-products-and-retail/textile-apparel-and-footwear/designer-apparel-footwear-ready-wear-hong-kong-china/116475-95.html Related Reports Asia-Pacific Professional Skincare Products Market by Manufacturers, Regions, Type and Application, Forecast to 2022 Asia-Pacific Segway Consumption Market by Manufacturers, Regions, Type and Application, Forecast to 2022 Contact Us: Ken Research Ankur Gupta, Head Marketing & Communications ankur [@] kenresearch.com +91-9015378249 www.kenresearch.com Tags: Hong Kong Apparel and Footwear Market, Hong Kong Designer Apparel and Footwear Export Volume, Hong Kong Designer Apparel and Footwear Import Volume, Hong Kong Designer Apparel and Footwear Market competition, Hong Kong Designer Apparel and Footwear Market Future Outlook, Hong Kong Designer Apparel and Footwear Market Growth Rate, Hong Kong Designer Apparel and Footwear Market Research Report, Hong Kong Designer Apparel and Footwear Market Size, Hong Kong Designer Apparel and Footwear Market Trends, Hong Kong Designer Apparel and Footwear Production Output, Hong Kong online Apparel and Footwear Market