U-Right was founded by Mr. Leung Ngok in Hong Kong in 1983 and Mr. Leung served as the company chairman until 2008.[3]
U-Right had acquired the Texcote Technology from Swedish scientists. This specific textile was water repellent, dirt resistant and carried environmental properties. Its subsidiary U-Right Nano Textile (China) Ltd. produced Texcote-built products for other clothing companies.[4] U-Right launched Texcote-based products in 2002. Nano-coating clothes only increased production cost by 3%, yet the profit margin of nano-coated products was 50% higher.[5] In 2003, the company announced exceptional results thanks to its nano-coated solutions[6] and invested $50 million in a new nano-technology plant in mainland China to accelerate its Texcote-based production.[7] In 2006, the company announced it could nano-coat a million items a month thanks to its increased production capacity.[8]
From 2005 to 2007, in Hong Kong alone, the company store count went from 18 to 65. In mainland China, in 2007, U-Right owned 40 stores and 360 franchise stores. U-Right launched the stores Sevendays which carry top-tier fashion products (4 stores in 2007), and the high-end fashion brand Pezzx (2 stores in 2007). In 2007, U-Right started to sell brands others than their homemade brands.[9]
