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New look THE TRIMMINGS AND EMBELLISHMENTS BUYING GUIDE with many additional features making for a better and more comprehensive sourcing experience To book your space in the next edition of 2 Apparel Online India 2014-15 Contact: 011-47390000, Mobile: 91-9810058986, 9811088666, E-mail: [email protected] 4 Apparel Online India 5 Apparel Online India 6 Apparel Online India 7 Apparel Online India VOL. XVII Issue 12 Editor-in-Chief DEEPAK MOHINDRA Editor ILA SAXENA Chief Response Editor VINITA PANDEY Copy Editor VEERESHWAR SOBTI September 16-30, 2014 Asst. Editor-News CONTENTS DHEERAJ TAGRA Asst. Editor-Fashion shraddha GUpta Asst. Editor NEHA CHHETRI Sr. Correspondent - Textiles SANJOGEETA OJHA Director - Sales & Marketing RAGHAV SOOD 08826000378 Creative Team RAJ KUMAR CHAHAL PEEUSH JAUHARI SATYAPAL BISHT Photo Editor JITENDER MEERWAL Subscription Enquiry RANI MAHENDRU 011-47390000 Operation Director MAYANK MOHINDRA 09810611487 14 24 30 37 40 Publisher & Managing Director RENU MOHINDRA 09810058986, 9810438653 WorldWrap Head Office Rise of the Gender-Neutral Fashion Apparel Resources Pvt. Ltd. This coming season, retailers and designers alike are pushing B-32, South Extension-I, New Delhi-110 049 boundaries with styles and garments that provides scope to Phone: 91-11-24602283, 47390000 move flexibly between both the genders, as a new trend of 14 Fax: 91-11-24604597 gender neutral fashion blurs the lines... 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Part-1, New Delhi-110049, INDIA Trends2015 International subscription (in Dollar) - Credit Card using www.apparelresources.com Runway to Retail; Prints that Made it Big in 2014 Telegraphic transfer to Bank Account No. 03192320003806 After making a series of appearances on the recent runways, (Swift No:HDFCINBB) with HDFC Bank, D-9, South Extn. 37 an interesting array of prints have managed to make it big on Part-2, New Delhi-110049. INDIA the retail shelves of global fashion brands, declaring 2014 as the year of prints... 8 Apparel Online India | SEPTEMBER 16-30, 2014 9 Apparel Online India FROM THE EDITOR-IN-CHIEF’S DESK… FOR THE CHANGE... A small, but seemingly insignificant, notice in the movement of change is being led by a few people and Economic Times by the AEPC caught my eye… others are busy looking after their business, ignoring ‘Rs. 1,00,000.00 deposit to stand for elections as EC the bigger issues of the industry. member…’ took me by surprise; my first thought Yet, my faith in the power of the people has been was, what triggered the move. rekindled when a very senior EC member like Kishor Of course, the obvious reason given is that the Shah of Crystaline Exports, Mumbai resigned from requirement is in line with the provision laid out in the AEPC to give way to new and fresh members. section 160(1) of the Companies Act 2013… but then Standing firm on his belief that the time has come I did approach the industry, and it has been informed for change, Mr. Shah shared with us a letter written to me that there is lack of clarity on whether this to the Chairman on what he thinks are the changes provision holds ground for an association like that need to be made… Excerpts of the letter are AEPC… The question many are asking is whether reproduced below: this is a new move to block small exporters from A. RETIREMENT AGE: There should be a retirement even thinking about filing nominations…? age after which a member should not contest. Another reason for discontent is that assuming To start with, AEPC may set the retirement age AEPC is going by the rule book, then why are other between 65 years and 70 years as most members provisions being blatantly violated… the provisions deem fit. I am neither demeaning the great of section 149 of the Companies Act, 2013 permits contributions made by senior members for years maximum of 15 executive members beyond which nor am I suggesting that they don’t have new special resolution by members is needed, however, ideas. I strongly believe that ‘experience does so far no such resolution has been passed and there not have any expiry date!’ However experience are still 27 members in the EC committee. can be used by inviting these seniors in whatever I would certainly wish the AEPC to take note of name and form as deemed fit by its members. the circular, dated 09.06.2011 from the Commerce As mentioned during the managing committee, Ministry, followed by another circular, dated though I have not yet matured to 65 years of 11.05.2012, giving direction to all Export age, I would like to retire soonest to enable Promotion Councils including AEPC to take AEPC to induct a young dynamic member from immediate steps for adoption of electronic voting Western Region. system with effect from 2011, a copy of which is B. DURATIONS: AEPC managing committee should available with Apparel Online, even as proxies provide enough space to Leaders of future. I continue to be a norm. The idea for electronic believe that if a member has served for 3 terms or voting is indeed well conceived and I am sure that it 9 years, then the member should not be eligible is acceptable to all. to contest the next election. Again, such retired Few exporters have requested that the elections member may be an advisor as permanent invitee, should be deferred till all technical matters are if so required. cleared and there is assurance that the elections C. WOMEN’S RESERVATION: There are many will be fair… but the AEPC has not yet commented women leaders who have excelled in corporate on the request, going ahead to announce the Annual governance as well as in business. To prepare the General Body meeting on 26th September as organization for gender diversity, varied & new scheduled with elections as the prime agenda. thoughts, I believe from each region, one seat may As the election date approaches, the ‘war’ between be reserved for a lady member. Merchandisers, those in the AEPC and those who want change, designers, teachers, female executives in is heating up… Never in the history of the AEPC marketing, media, Directors and CEOs are has the elections been such a big issue. The all excelling in their fields and can provide a general attitude was chalta hai; and it has always new perspective to AEPC. How many buyers & been like this… product managers are females internationally…? But change is definitely in the air and one It is easy to say that no one comes forward but wonders if it has been accentuated by the general unless it is tried with reservation and widely environment of ‘change’ that has enveloped the publicized, they will not look into this. Once they country after the National elections or does it have are convinced there will be more and more women roots much deeper? on board. I have been constantly sharing my views on the Certain organizations like Texprocil, FIEO etc. have problems that ail the AEPC and which are directly or already made the beginning in one way or the other indirectly responsible for the association to stagnate to review reconstitution of their boards. I think with no visible benefits going to the exporters… I time has come when AEPC should also change with have also expressed my disappointment that the changing times. I sincerely hope AEPC executive 10 Apparel Online India | SEPTEMBER 16-30, 2014 committee members will do introspection and rise The record of various activities organized by the above self-interests to work in long-term interests of AEPC in the last one year is dismal, which only goes the organization and the industry to take a matured to prove how the association is losing touch and EC decision on above