The International Apparel Federation (IAF) has signed an MoU with the Hong Kong General Chamber of Textiles (HKGCOT). The aim is to exchange knowledge on innovation, apparel markets and international business opportunities. Rahul Mehta, president of IAF, and dr. Gordon Yen, chairman of HKGCOT, signed the agreement on March 23rd in Hong Kong.
The MoU will give the IAF an important connection in the vibrant fashion industry of Hong Kong. It helps to further the IAF’s aim to build bridges across continents by attracting fashion entrepreneurs from Hong Kong to IAF’s international Conventions and vice versa, to bring information and connections from across the world to Hong Kong.
The collaboration with IAF is a step further in Hong Kong’s goal to globalize local designer brands and to create opportunities for young promising designers to get international exposure. Last year HKGCOT signed an MoU with IAF member American Apparel and Footwear Association (AAFA). In collaborating, HKGCOT can strengthen their knowledge on overseas markets by using IAF’s network which reaches over 50 countries and the biggest apparel markets.
Hong Kong is a hub for international fashion industry, especially in the areas of design, sourcing and education. Large fashion shows and exhibitions are held regularly in Hong Kong each year which attract businesses around the world.