Product Industries - Highlight
20 June 2017
With the global trade environment on the mend, there was an across-the-board improvement among Hong Kong’s major export categories in the first four months of 2017. Electronics, the largest item, provided the major growth impetus. While sales of toys and jewellery also increased, the declines of clothing and timepieces slowed. Granting no severe external shocks, the sales outlook for these products should remain sanguine over the medium term.
Buyers and exhibitors were generally positive as to the likely sales growth in the gifts and premiums market, according to a survey conducted during the HKTDC Hong Kong Gifts & Premium Fair held in April 2017. This saw largely optimistic sentiments expressed towards the major overseas markets, with the Asian countries remaining the primary drivers of growth and promotional gifts and premiums seen as the category most likely to perform well.
In its early years, Fu Hong kidsme Ltd of Hong Kong carried out production in the Chinese mainland for a number of international brands on an OEM and ODM basis. The company then moved gradually into the OBM business and built its own brand: kidsme. The company Chairman, Mr Herman Lo shared his experience and insights in developing the Mainland baby and toddler products market.