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The Communiqué News

Ecopel and DyeCoo have announced the development of a recycled polyester fur that is colored without the use of water, following a three-year partnership inspired by Kering.


An innovation that does not yet exist on the market and is touted as having the look and feel of sheepskin. DyeCoo's technique uses CO2 instead of water to avoid using water. The process is not new to DyeCoo, but the challenge was using it to make artificial furs for the French company Ecopel.

"Using it for a different product was a real challenge and an exciting experience," Christian Tubito, head of Kering's Materials Innovation Lab, said. "It was also a foresighted move because a water-free and chemical-free treatment facility will soon be operational in Europe to ramp up production." This is only one of several processing advancements used by Kering to cut resource usage in the apparel business," he mentioned.

Following a testing phase, the concept will move into production, utilizing facilities offered by Areto, a Spanish manufacturer in which Ecopel purchased a stake in February and which FashionNetwork.com featured in an article highlighting its substantial industrial equipment. Areto, located between Alicante and Valencia, produces synthetic fur as well as digital fabric printing and weaving.

The conflict over water continues at a time when European textile and apparel firms are battling with rising energy prices. According to the Fashion Revolution NGO, one tonne of cloth requires 200 tonnes of water. Bleu Océane, a French business with similar ambitions to Ecopel and DyeCoo, demonstrated its revolutionary ozone-washing machines to FashionNetwork.com last year. A non-water-intensive alternative to typical washing processes.









As a small business owner in India, you can leverage AI (Artificial Intelligence) to drive growth and enhance various aspects of your business operations. Here are some ways you can utilize AI to grow your business:


Pritish Bagdi

AI

1. Customer Insights: AI-powered analytics tools can help you gain valuable insights into customer behavior, preferences, and trends. By analyzing large volumes of data, you can identify patterns, personalize customer experiences, and tailor your products or services to better meet their needs.


2. Chatbots and Virtual Assistants: Implementing chatbots or virtual assistants on your website or social media platforms can improve customer service and engagement. These AI-powered tools can handle customer inquiries, provide product recommendations, and offer support 24/7, ensuring a better customer experience while reducing your workload.


3. Marketing and Advertising: AI can optimize your marketing efforts by automating tasks such as lead generation, ad targeting, and campaign optimization. AI algorithms can analyze customer data, predict consumer behavior, and deliver personalized marketing messages to the right audience at the right time, leading to higher conversion rates and ROI.


4. Supply Chain Optimization: AI can optimize your supply chain operations by analyzing historical data, demand patterns, and market trends. By predicting demand fluctuations, optimizing inventory levels, and streamlining logistics, you can minimize costs, reduce wastage, and ensure timely deliveries.


5. Predictive Analytics: AI-powered predictive analytics can help you forecast sales, identify emerging market trends, and make data-driven business decisions. By leveraging predictive models, you can anticipate customer demand, adjust your pricing strategies, and optimize your inventory management, ultimately improving your profitability.


6. Fraud Detection and Risk Management: AI algorithms can identify potential fraudulent activities by analyzing transaction data, patterns, and anomalies. By integrating AI-powered fraud detection systems into your payment processes, you can minimize financial losses and enhance security.


7. Employee Productivity: AI tools can automate repetitive tasks, freeing up your employees' time to focus on more value-added activities. For example, you can utilize AI for automating data entry, scheduling, or customer support, enabling your employees to concentrate on tasks that require human creativity and problem-solving skills.


8. Financial Management: AI-powered financial management tools can streamline your accounting processes, track expenses, and generate accurate financial reports. These tools can help you gain a clear understanding of your business's financial health, identify cost-saving opportunities, and make informed financial decisions.


Remember that implementing AI technologies requires careful planning and consideration. It's important to assess your business needs, evaluate available AI solutions, and ensure data privacy and security while adhering to relevant regulations. Consider seeking expert advice or partnering with AI solution providers to implement AI successfully in your business.




Chingari, the world's fastest-growing on-chain social service, has announced the burning of 2.6 million GARI tokens in its first token burn. This significant move represents 0.25% of the entire GARI token supply, demonstrating Chingari's dedication to building a healthy and thriving token ecosystem for its consumers.


Pritish Bagdi

This token burn was funded by income produced from boost and badge sales, and Chingari intends to continue with monthly token burns until the total quantity of GARI tokens hits 21 million. With a total supply of approximately 997 million GARI tokens, this is a lofty goal, but one that Chingari is determined to meet.

Chingari's monthly token burns will take place on the first of every month, and will involve burning income from the previous month's Boost and Badge purchases. The on-chain app also intends to introduce other revenue streams for token burn if necessary. These burns will ensure that currencies are permanently removed from circulation, a procedure known as token burn.

Sumit Ghosh, CEO & Co-Founder, Chingari, communique, “Token burning is a common yet powerful crypto industry practice that reinforces our commitment to building a sustainable GARI ecosystem. We remain committed to creating effective economics that will drive long-term success and benefits for our community and ecosystem.”








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