This handbook provides 20 different practical “business models” to the SMEs in upgrading their product and production processes. These models show the plans being used in some successful operations of real global and local companies (Hong Kong companies are labelled anonymously in this Handbook). Examples are given to illustrate how the advanced technologies e.g. fibre-recycle technologies could be used to develop new products.
In addition, many large-scale e-commerce platforms, big-brands as well as innovative startups have been extremely active in creating new technologies for online retailing, including virtual modelling, big data application and artificial intelligence. It is perceived that disruptive innovation will soon be dominating the fashion industry and such phenomenon will provide a good opportunity Hong Kong to be re-industrialized.
To further understand the upsurge of technology applications in this industry, the business models being applied in the selected global and local models, including three outstanding startup companies, are demonstrated under the three directions as identified in the Study Report as follows:
- Digitalized Manufacturing and Business Models
- Circular Economy and Resource Efficiency
- High Value Added Solutions