Business Journal

?? ?????? ???? ?????????????? ?????????????????? ?????? ???????????????? The Hong Kong General Chamber of Commerce (HKGCC) 香港總商會, under the leadership of Chairman Agnes Chan, BBS, commenced a high-level mission to Shanghai and Hangzhou, Zhejiang. This initiative reflects HKGCC’s ongoing commitment to fostering robust partnerships and exploring collaborative opportunities with mainland China's economic powerhouses. ???????????????????? ???? ?????? ?????? ????????????????: A productive meeting with Zhu Min, Party Secretary and Director of the Shanghai Municipal Commission of Commerce, to discuss trade and investment synergies. Engaging dialogues with Shou Ziqi, Vice Chairman of the Shanghai Municipal Committee of the CPPCC and Chairman of the Shanghai Federation of Industry and Commerce, focusing on industry collaborations. Participation in a session hosted by Chen Tong, Standing Committee Member of the Shanghai Municipal Committee and Minister of the United Front Work Department, who lauded HKGCC’s contributions to Shanghai's economic development. Connections with key officials such as Liu Ping, Deputy Secretary General of the Shanghai Municipal Government, and Kong Fu'an, Director of the Hong Kong and Macao Affairs Office, to strengthen bilateral ties. The delegation also toured the Shanghai Urban Planning Exhibition Center, gaining a deeper understanding of the city’s visionary urban development strategies. ?????????????? ??????????????: This mission aligns with Hong Kong’s strategic goal of leveraging its unique position under the "one country, two systems" framework to enhance regional integration. By engaging with policymakers and exploring innovations in urban development, HKGCC continues to play a pivotal role in driving economic progress. For more updates and analysis on global economic collaborations, stay connected with our magazine. #Shanghai #Hangzhou #HKGCC #EconomicCollaboration #GlobalBusiness #FutureCities #Partnerships

?? ?????? ?????? ????????? ?????????? ???????????? ?????? ???????????? ?????????????????? ????????????????! ?? While sweat itself is sterile, it creates the perfect environment for bacteria like Staphylococcus aureus to thrive. ?? ???????????????? ?????????????????? ?????? ?????? ????????????????! Say hello to Transoft ABS-101 and Transoft ABS-101A—innovative antibacterial silicone oils with 99.9% efficacy. ?? ?????? ???????????? ????????????????? ? Destroys bacteria by breaking cell walls and blocking DNA synthesis. ? Leaves fabrics luxuriously soft to the touch. ? Provides long-lasting protection with exceptional cost performance. ? Perfect for towels, home textiles, children’s clothing, sportswear, and more. ? Transform fabric care with Transfar Chemicals—where comfort meets safety! ?? Let’s innovate together. How do you see antibacterial treatments revolutionizing fabric care? Share your thoughts below! ?? Transfar Chemicals #TransfarChemicals #Antibacterial #FabricCare #Innovation #TextileIndustry #SmartTextiles #ChemicalInnovation #HygieneSolutions #SustainableTextiles #TextileCare #SiliconeTechnology #SportswearSolutions #HomeTextiles #ChildrensWear #MoistureControl

??&?? ?????????? ?? ???????? ???????????? ???? ???????????????????????????? ?????????? ?????????????? ???????? ?????????????????????????? ?? Power Engineering Consulting Joint Stock Company 2 (PECC2) has signed a groundbreaking Memorandum of Understanding (MoU) with global fashion giant H&M under the Direct Power Purchase Agreement (DPPA) mechanism. This marks a significant milestone in H&M’s journey toward sustainable development and clean energy access. ?? ?????????? ????????????????????: The signing ceremony took place at the PECC2 Innovation Hub, attended by Ms. Jessica Vilhelmsson, Regional Country Manager of H&M, and Mr. Nguyen Hai Phu, Chief Operating Officer of PECC2, along with representatives from both organizations. H&M’s delegation explored PECC2’s cutting-edge facilities, including the BESS system, Operations Control Center (PECC2-OCC), and Digital Capability Center (PECC2-DCC), gaining insights into technology-driven remote power plant operations and project digitization. ?? Why It Matters: This is PECC2’s first DPPA collaboration with a major global fashion brand, paving the way for H&M to source green energy at competitive costs. By fostering renewable energy development, PECC2 supports large enterprises in achieving sustainability milestones. ?? About PECC2: Committed to driving a clean energy transition, PECC2 focuses on renewable energy projects that provide green electricity through DPPA mechanisms. Their collaboration with H&M represents a strategic partnership delivering added value and ensuring long-term sustainability for all stakeholders. ? A brighter, greener future awaits as businesses like H&M and PECC2 work together to align business growth with environmental responsibility. #Sustainability #RenewableEnergy #CleanEnergy H&M Group H&M #DPPA #FashionIndustry #SustainableDevelopment #PECC2

According to the BoF–McKinsey State of Fashion 2025 report, nearshoring is becoming a critical strategy for brands. Read the article to learn more... ?? #Nearshoring #FashionSourcing #SustainableFashion #SupplyChainResilience #GlobalFashion #FashionIndustry #TextileSourcing #FashionLogistics #TradeBarriers #SupplyChainInnovation #FashionTrends #EcoFashion #Nearshoring2025 #SustainabilityGoals #FashionManufacturing

The global carbon fiber market is on an impressive growth trajectory, with its valuation projected to surge from USD 7.1 billion in 2023 to USD 23.2 billion by 2033, registering a robust CAGR of 12.6% over the decade. Key drivers of this growth include: Aerospace Industry: Increasing demand for lightweight, fuel-efficient materials. Automotive Industry: Rising industrialization and disposable income in developing economies fueling the adoption of carbon fibers. Renewable Energy: Expanding use of carbon fibers in wind and renewable energy sectors. While the high cost of production poses challenges, the market’s potential is vast, particularly as industries prioritize sustainability and efficiency. Carbon fiber isn’t just a material; it’s a revolution in performance and innovation. #CarbonFiber #MarketGrowth #Innovation #Aerospace #RenewableEnergy

Let's wear the waste Can waste be beautiful? Creative forms of recycling and reuse take us one step closer to a circular fashion future. Therefore, every poetic piece in the A/W20 Conscious Exclusive collection was made from waste. #HMConsciousExclusive H&M H&M Group #waste #circularfashion Circular Summit 2024 Circular Materials

The fashion landscape is evolving, and the latest BoF–McKinsey report sheds light on pivotal changes brands need to navigate in 2025. Keep reading to get up to date?? #FashionIndustry #McKinseyReport #BoF #FashionTrends #BusinessInsights #FashionGrowth #VolumeGrowth #Sustainability #FashionLeaders #Differentiation #GlobalFashion #2025Trends #FashionStrategy #ConsumerBehavior #FashionInnovation #AIinFashion #ApparelIndustry #TextileTrends McKinsey & Company Brand BGMEA H&M H&M Group Ziaur Rahman ZARA SA John Donahoe Gucci MARCO Louis Vuitton UNIQLO Denim Expert Ltd. Burberry Prada Group CHANEL

Augmented Reality (AR) technology enables buyers to virtually "try on" products or see how they would look on a model, providing a clear visual of how items fit or move. #Technology #apparel #consumer Splash #digital #fashion #ai #ml #AugmentedReality

???????????????? ?????????? ???????? ???????????????? ???? ?????????????? ???????????? Leicester-based Hype, known for its trendy kidswear and streetwear, has officially been acquired by Apparel Brand. This marks a new chapter for Hype, which was saved from administration just 18 months ago, securing 82 jobs. Apparel Brand aims to capitalize on Hype’s strong appeal to younger audiences by focusing on “stylish, functional, and affordable” products for children and teens. Under new ownership, Hype plans to expand its reach, offering trendy yet practical streetwear for kids, teens, and their families. Exciting times ahead as Hype seeks to grow and cater to a broader audience! #Kidswear #Streetwear #HypeBrand #ApparelBrand #FashionNews #YouthFashion #BusinessUpdates #BrandExpansion #TrendyKids #AffordableFashion

What Everyone Gets Wrong About Luxury Handbags The blocked merger between Tapestry (the parent company of Coach and Kate Spade) and Capri Holdings (owner of Michael Kors) shows how misunderstandings about "accessible luxury" are shaping big business decisions. The FTC argued that merging these brands would limit competition, leading to fewer discounts and higher prices for customers. But Tapestry claimed these brands face competition from both high-end and mainstream fashion, making the market more complex. Accessible luxury—brands that sit between high fashion and affordable options—meets a unique demand, offering luxury style without a high price tag. But as the FTC’s decision highlights, some regulators may not see the full picture of how these brands compete with each other and others. Do you think accessible luxury is its own category, or just part of the broader fashion landscape? #AccessibleLuxury #LuxuryHandbags #Coach #MichaelKors #FashionBusiness #FTC #FashionIndustry #LuxuryMarket #Tapestry #CapriHoldings #BrandStrategy #AffordableLuxury #LuxuryTrends #ConsumerInsights