By  on November 24, 2011

HONG KONG — Gap, Forever 21 and Abercrombie & Fitch are preparing to make their debut here, generating fresh competition for the city’s local fashion brands. But at the same time, some of Hong Kong’s own labels like Giordano and Esprit retain a hometown advantage over their more international counterparts, according to industry observers.

Gap, which has opened four stores each in Beijing and Shanghai, opens here Friday. Meanwhile Forever 21, which just staged a hologram fashion show in Macau, and Abercrombie & Fitch said they plan to enter the market next year. They will join Mango, Zara, Uniqlo and Hennes & Mauritz, who already have a presence here.

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