"The Industry Is On Rolling Racks": The Rise and Fall of Hong Kong…
As one observer wrote, "When I arrived in the territory in 1970, Hong Kong's reputation was as a low-cost manufacturer of cheap clothing, wigs, plastic goods and toys.". That year, Johnnie Lau founded the denim mill Mou Fung Limited. It was just 10,000 square feet containing 49 sets of shuttle looms. But Mou Fung would grow both …