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Morning Session I 8
No full textMr. Hamish MCDONALD (III, Director of Asia Pacific Sales) was giving his presentation on the latest Innovative product updateshttps://repository.vtc.edu.hk/ive-adm-others-hkiug-gallery/1011/thumbnail.jp
Refreshment 2
No full textFrom left to right: Mr. Shane ELLIOTT (Pukunui), Mr. Hamish MCDONALD (III), and Mr. Buck NG (Pukunui)https://repository.vtc.edu.hk/ive-adm-others-hkiug-gallery/1019/thumbnail.jp
Refreshment 10
No full textRefreshment breakhttps://repository.vtc.edu.hk/ive-adm-others-hkiug-gallery/1027/thumbnail.jp
Library Tour1
No full textMr. Ray LEE (VTC) was leading a library tourhttps://repository.vtc.edu.hk/ive-adm-others-hkiug-gallery/1032/thumbnail.jp
Afternoon Session 4
No full textMr. Ivan CHAN (CUHK, HKIUG Chair) presented souvenir to Mr. Wilson CHU (VTC, HKIUG2012 Organizing Committee Chair)https://repository.vtc.edu.hk/ive-adm-others-hkiug-gallery/1038/thumbnail.jp
Group photo
No full textNumber of attendances: 314https://repository.vtc.edu.hk/ive-adm-others-hkiug-gallery/1048/thumbnail.jp
The impact on the growth of China clothing exports towards Asian developing countries
No full textThis paper illustrates the gravity model to investigate how the growth of China’s clothing exports is displacing the exports of other Asian developing countries since the 1990s. Aggregate analyses were undertaken, and the endogeneity of Chinese exports were accounted by applying instrumental variables with country fixed effects. It was found that there was a negative impact of China’s emergence on clothing exports from other Asian developing countries. Further, we explored if the displacement effect varies across Asian countries and the result showed that a more pronounced effect was found in low-income than in high-income Asian countries. Therefore, the export competitiveness of China’s neighbours, both more and less developed Asian countries, are influenced by the emergence of China in clothing Trade. Academic and managerial implications are also included
A retail gravity model for selecting the optimal store location
No full textFashion retailing is one of the important businesses in Hong Kong. More than 90% of retail sales are made at store, thus, the selection of a store location has become important as the investment in the establishment of store is high due to high rental charges in Hong Kong. In selecting a new store location of fashion retailers, retail site analysis teams often make decisions based on the experience and subjective judgment. The factors they will consider include rents, pedestrian traffic, store affiliation and etc. The cultural traditions of retail location decision making based on only a few variable leads to bias and inaccuracy in forecasting which increases investment risk. In order to enhance the chance to select a good location, this paper employs the \u27Retail Gravity Model\u27 to cultivate retail crucial variables, for example, supply chain and operation management, etc that can assist the site selection decisions of fashion retailers in Hong Kong. Additionally, the checklist of store location choice will be provided based on result of the scientific model
How can Hong Kong help to develop the professional supply chain service of textiles and clothing industries under the One belt one road initiative?
No full textThe One Belt One Road (hereafter OBOR) initiative is a development strategy launched by China in 2015, with the aim to increase economic co-operation among countries along the belt (Silk Road Economic Belt) and road (21st Century Maritime Silk Road) that connect Asia, Europe and Africa. The anticipated gains for Hong Kong from taking part in this initiative are substantial, including for those involved with the infrastructures, as well as the banking and private business sectors. Among those who stand to gain from the OBOR initiative (which is worth noting for manufacturers in developing their business) are the newly emerging low-cost production bases in the developing countries along the OBOR, which provide significant opportunities for some of the Hong Kong companies to invest in trade-led manufacturing in the low-wage, and labor-intensive sectors, i.e. the textiles and clothing (T&C) industries. The main objective of this paper is twofold. First, it investigates the crucial factors for Hong Kong to improve the coordination process among the T&C sectors and establish Hong Kong as a “super-connector”, to link the OBOR countries. Specific measures are identified so that T & C companies in Hong Kong can establish and facilitate technological upgrades and transformation to potential production facilities in OBOR countries. This would contribute to the sustainable development of T&C companies in Hong Kong in a dynamic globalized market. Second, the gravity trade model is extended to analyze the development of T&C trade patterns among the OBOR countries. It covered other factors not considered in previous studies on the same products, such as logistic performance index (LPI), demographical factors, and those related to business-related environment and policies including qualitative variables (as dummy variables. The model will be utilized to investigate the impacts of country-specific, social determinants as well as supply chain and economic indicators that affect the T&C trade flow between Hong Kong and the OBOR countries. With the analysis result, recommendations are provided to help Hong Kong T&C companies to improve their supply chain efficiency and competitiveness among OBOR countries. The empirical analysis will help to identify the extent that the determinants contribute to T&C trade at the global level. With the development of a database on global trade in the T&C industry, it is then possible to develop a specific gravity trade model of Hong Kong and the OBOR countries to investigate the trade potential between them for sustainable business development. Additionally, this research will also add valuable knowledge to increase current understanding of the factors that affect and enhance the T&C industries in Hong Kong