BYPAC Pearls and Cashmere

For high-quality cashmere at reasonable prices and in a large variety of styles and colors, Pearls & Cashmere has long been a go-to shop for visitors. Founded in 1984 with outlets in the top hotels in Hong Kong, it once offered only very traditional English styles. A few years ago, though, the company started its BYPAC label, with hipper fashion designers introducing trendier styles. You will pay less than you would in Europe or the States, but sadly, not the bargain basement prices of years ago.