Hong Kong

The Hong Kong General Chamber of Textiles (HKGCOT) has signed a Memorandum of Understanding (MoU) with the International Apparel Federation (IAF) aimed at increasing the flow of knowledge and business opportunities. Specifically, the IAF hopes that the MoU will help grow awareness among Hong Kong-based designers and investors regarding opportunities in the 50 other countries in which the IAF has an agreement. Hong Kong has become a major hub of textile design and investment over the past few years. (Fibre2Fashion)