Chinese fast-fashion retailer Fashion Momentum Group (FMG) has officially launched its regional headquarters and opened the inaugural URBAN REVIVO store in Hong Kong, according to an announcement by Invest Hong Kong (InvestHK). This strategic move is designed to streamline the company’s corporate treasury and retail operations while supporting its global expansion ambitions.
Arnold Lau, the acting director-general of investment promotion at InvestHK, emphasized the allure of Hong Kong, highlighting its advantageous location and robust supply chain as key factors driving international retail growth.
Adding to the excitement, Vivian Chen, CEO of International Business at URBAN REVIVO, mentioned that collaboration with InvestHK last year had bolstered their confidence to venture into the Hong Kong market. “Hong Kong introduces us to a diverse customer base, set within a friendly business ecosystem characterized by zero tariffs and effective infrastructure,” she commented. “The city uniquely positions us as a bridge connecting the Mainland to the global market.”
Fashion lovers and global brands, consider this: Hong Kong isn’t just a shopping destination; it’s a gateway to the world!
What is the purpose of FMG’s new headquarters in Hong Kong?
FMG aims to manage its corporate treasury and retail operations more effectively while facilitating its global expansion from Hong Kong.
What benefits does Hong Kong offer to international retailers?
Hong Kong provides a strategic location, a robust supply chain, an open business environment with zero tariffs, and effective infrastructure.
How did FMG gain the confidence to enter the Hong Kong market?
FMG collaborated with InvestHK, which introduced them to global brands and helped strengthen their confidence in establishing a presence in the region.
