The clothing industry in Hong Kong is one that presents various opportunities, from opening a company that only sells clothes and accessories to businesses involved in the actual manufacturing of the clothing and textile items.
Investors who open a business for selling textiles in Hong Kong need to follow a few basic steps for company formation as well as establish a well put together a business plan that will most often include an import/export strategy.
Our team of Hong Kong company formation agents highlights the main aspects to consider before opening a textile selling business.
Clothing businesses in Hong Kong
From luxury shops to small boutiques and market shops where bargaining is possible, Hong Kong offers a wide variety of options for clients interested in buying clothing items and textiles. This versatility and the large range of potential clients can mean that opening a company that sells textiles in Hong Kong is a potentially lucrative business option.
The list below highlights some of the types of clothing selling businesses in the city:
- – designer brands shops: Hong Kong tourists and locals enjoy shopping the most famous designer brands; these are usually found in malls but investors can choose to open an outlet and sell discounted brand items.
- – boutique clothing shop: a smaller, independent and unique shop that can focus on limited items and styles.
- – street market clothing shop: a small shop that can be located in Tsim Sha Tsui, a famous shopping district with locally designed items or items imported from Korea, for example.
- – online clothing shop: investors can drop out on the physical clothing store altogether and open an online clothing and textiles shop that can sell not only to Hong Kong customers but also international ones.
Company formation in Hong Kong is a straightforward process and those who start a textile or clothing selling business will need to observe the usual company registration steps.
How to open a textile selling business in Hong Kong
Deciding on the type of clothing and textiles shop is an essential step when opening this type of business in Hong Kong. When planning on opening a physical shop, the location of the business will be important for its success. One of our agents who specialize in company formation in Hong Kong can help you during this preliminary step with needed advice and counseling.
Contact us for more detailed information about the steps for opening a business.