Tag: Business

Vadodara (Gujarat) [India], March 4: Kotyark Industries Limited is thrilled to announce its recent achievement of being accredited under Verra, the globally recognised standard for carbon certification. This landmark accomplishment earmarks Kotyark as the first Indian company in the Bio Diesel sector to be acknowledged this achievement.

By adopting innovative and eco-friendly practices, Kotyark Industries has successfully earned 57,874 carbon credits from the period of 15th September 2020 to 31st March 2022 as per confirmation mail received from verra registry dated 2nd March 2024. This feat is not only a testament to our dedication towards minimizing our environmental footprint but also establishes us as a leader in the sustainable evolution of the Bio Diesel sector.

Commenting on this achievement, Gaurang Shah, Chairman & Managing Director, said:

“We are immensely proud to receive this recognition from Verra, which reflects our team’s hard work and the innovative spirit that drives our company forward. This achievement is a significant milestone for Kotyark Industries, highlighting our role as a pioneer in the Bio Diesel industry’s journey towards a more sustainable and environmentally responsible future.”

He further added, “The approval of carbon credits is not just recognition of our environmental efforts but also a promising avenue for additional income for the next 21 years. This prospect of sustained financial benefit reinforces our belief in the synergy between economic viability and environmental sustainability, and we are committed to continuing this virtuous cycle.

Kotyark Industries Limited regards this achievement as a reflection of its core ethos and a significant step towards its long-term commitment to sustainability.

We are grateful for your ongoing support and look forward to working together towards a greener, more sustainable future.”

About Kotyark Industries Limited

Kotyark Industries Limited, incorporated in 2016, is engaged in the manufacturing of biodiesel and its by-products, and is one of the key players across the state of Rajasthan in India. The Company focuses on green energy and sustainable development of renewable resources (biofuel) through the adoption of environmentally friendly technology. Its manufacturing unit at Swaroopganj, District Sirohi, RICCO, Rajasthan has a capacity of producing 500 KL of biodiesel per day from multi feedstock.

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Kolkata (West Bengal) [India], March 4: The Federation of All India Tea Traders Association ( FAITTA) — the apex body of Tea Traders, Buyers, Packers and Retailers of Tea in India reiterates its total commitment towards offering Food Safety compliant Teas to both Indian and global markets.

The FSSA enjoins all Food Business Operators (FBOs) to adhere to the quality and safety Standards prescribed under the Act and Regulations in furtherance of which the FBOs are mandated to conduct — as per laid down parameters.

FAITTA has, in furtherance of this position, conducted over the last few years several rounds of Tests and reported the results to appropriate authorities.

FAITTA has always underscored the position that the Quality and Food Safety parameters are set at the primary tea production and manufacturing stage over which Buyers and Packers have no direct control.

It is however the duty and obligation of Buyers, Blenders, Packers and Retailers of Tea to adhere to the FSSA provisions and ensure that their sourcing/ procurement processes are fully aligned. This can only happen when there is adequate visibility and transparency of Food Safety compliant teas in the market.

The Public Auction system in India regulated by the Tea Board under the Tea Act and Tea Marketing Control Order  and accounts for close to 50℅ of total tea sales. Auctions therefore provides a significant gateway for the supply chain to operate making for the transparency and visibility which has been referred to earlier.

In point of fact the prevailing Regulations stipulate that all teas offered for sale through the Public Auction system carry the Promissory / Warranty that they are in full compliance of the quality and Food Safety standards prescribed under FSSA and its Regulations.

FAITTA’s view that food safety testing  needs significant ramping up is in furtherance of implementing this Promissory / Warranty as a perquisite for buying and trading in quality and Food Safety compliant tea.

FAITTA therefore welcomes the recent Order issued by the Ministry of Commerce Govt of India mandating 100% routing of all Dust grade teas (with the exception of exempted categories) through the Auction system.

Dust grade teas constitute around 20% of total tea manufactured.  This is a limited yet significant beginning and the Order is a bold and decisive step towards subsequent structuring and implementation of a stepped up process of testing and reporting of food safety results prior to sale.

In summary the FAITTA’s positive response to the Order is guided by the following considerations
— the routing of all Dust grades provide a significant starting point to put around 20% of total manufacture under a much needed scanning process.
— visibility and transparency through this scanning and assurance will boost Buyers confidence to operate in the Auction thereby enhancing the attractiveness of the system and price discovery.
— this will be win win situation for all stakeholders in the tea supply chain  as more statistically significant quality and food safety assurance steps will enhance and reinforce the healthy and safety attributes of Tea among consumers. 

In deference to the FSSAI’s request FAITTA has worked on a comprehensive Food Safety Road Map for Tea which is shortly due for formal submission to the FSSAI.

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Surat (Gujarat) [India], March 4: In a compelling podcast conversation between Bhagirath Goswami, the Founder of Being Exporter, and Jasmeet Singh, the esteemed Founder of a thriving manufacturing company, a journey from domestic success to global recognition unfolded. Jasmeet Singh shared his transformation into an exporter, emphasizing the pivotal role of Being Exporter’s mentorship program.

Having ventured into the export industry in 2001, Jasmeet Singh emphasized the transition from local triumphs to a global vision. The podcast illuminated his journey from attending a three-day workshop on export to successfully cracking his first order, marking a significant milestone in his export endeavors. Jasmeet Singh expressed gratitude for the guidance provided by Being Exporter, emphasizing the community’s supportive role in fostering a mindset geared for success.

The podcast also delved into the impact of export on Jasmeet Singh’s family and the integral role played by the Being Exporter community in shaping his mindset and business acumen. Ultimately, the conversation encapsulated the essence of transformation, growth, and the unwavering commitment to achieving global recognition in the export industry. 

Enabling the delivery of Yokogawa technology with local production

Yokogawa Electric Corporation (TOKYO: 6841) announces that it has finalized an agreement to acquire Adept Fluidyne Pvt. Ltd. (“Adept”), one of the largest domestic manufacturers of magnetic flowmeters in India. The purchase process is expected to be completed by the end of March 2024. This acquisition will provide Yokogawa with an Indian manufacturing base for its lineup of high- performance magnetic flowmeters and give the company access to Adept’s product lineup, enabling more timely delivery of a broad portfolio of flowmeter products for the burgeoning India market.

Flowmeters are an essential industrial instrument that can measure the flow rates and, with some products, the density and temperature of liquids, gases, and steam. Various measurement technologies are available depending on the purpose of measurement, the type and condition of the fluid or gas, and the measurement conditions. With the rapid expansion of India’s industrial sector under the Government of India’s “Make in India” initiative, demand for flowmeters continues to grow.

Established in 1983, Adept has been manufacturing magnetic flowmeters for over 30 years, and introduced ultrasonic flowmeters to its lineup in 2010. The company has supplied over 70,000 flowmeters to the water, wastewater, and other industry sectors, and also provides IoT gateways, smart water meters, and flowmeter calibration services. In recent years, the company has expanded its sales network across India, and has won major public and private sector orders across the country. It also exports to customers in more than 25 countries.

Moving forward, Yokogawa is intending to enhance Adept’s manufacturing capabilities and certified flow calibration facilities in Pune to enable local production of its lineup of magnetic flowmeters in line with its global quality standards. Yokogawa will also continue to provide Adept’s range of flowmeters through the sales networks of both companies.

Yokogawa established a local subsidiary in India in 1987, and since then has been delivering control systems and field instruments for plants in the energy industry, as well as remote monitoring for water supply and wastewater networks as part of India’s National Hydrology Project and control systems for water treatment facilities. Yokogawa also has systems engineering teams and an R&D center in India that support its global operations.

Vinayak Gadre, Managing Director of Adept, said, “Today marks a pivotal moment in our company’s history as we announce our acquisition by Yokogawa, a leading Japanese multinational. Together, we embark on a journey of innovation and growth, combining the best of Indian expertise with Japanese ingenuity.” Hiroshi Tanoguchi, Yokogawa Electric Vice President and head of the Yokogawa Products Headquarters, commented, “India is one of our most strategically important markets, and we look forward to sharing our manufacturing know-how with the Adept team in order to provide made-in- India Yokogawa flowmeters as soon as possible. With Adept becoming part of the Yokogawa Group, we will provide a full range of general use and specialized flowmeters to the water, energy, chemical, and many other sectors.”

A nationwide project aimed at optimizing the supply of water resources within India and enhancing the capacity of management institutions. It is intended to improve the decision-making support systems related to assessment and planning on the scope, quality, and access to water resources, and the management of flooding and catchment areas.

About Yokogawa

Yokogawa provides advanced solutions in the areas of measurement, control, and information to customers across a broad range of industries, including energy, chemicals, materials, pharmaceuticals, and food. Yokogawa addresses customer issues regarding the optimization of production, assets, and the supply chain with the effective application of digital technologies, enabling the transition to autonomous operations. Founded in Tokyo in 1915, Yokogawa continues to work toward a sustainable society through its 17,000+ employees in a global network of 129 companies spanning 60 countries.

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Mumbai (Maharashtra) [India], March 2: An outstanding young leader Mr. Sumit Arora, Director, Alniche Lifesciences Private Limited is engaged in driving the growth and expansion of Alniche Lifesciences in India and abroad. Under his visionary leadership, Alniche Lifesciences has emerged as one of the key players in Nephrology and Critical Care medicines. In India, Alniche Lifesciences is among the top 10 companies in critical care and it’s among the top 2 firms in renal medicines and transplant. Since its inception, the company has launched a series of new divisions’ year on year. These include Gastro, Neuro and various other divisions. Recently it has launched Cardio division as well.

Mr. Arora believes that a fast and reliable distribution network is one of the most critical aspects of the success of a company and so he personally manages his distribution channels. Focused marketing approach and efficient distribution network facilitate timely delivery of specialized products of the company and both these attributes keep the Alniche Lifesciences a step ahead of its competitors. Headquartered in New Delhi, Alniche Lifesciences also has overseas partners in North America and Africa. All across the globe it’s making efforts to increase the availability of medicines in Renal Care, Neuro, Cardio and Critical Care segments, among others. With its innovative healthcare product portfolio the company aims to enable people to live Life with greatest potential-clearly, freely, expressly and fully.

Fortifying its stronghold in all these segments, Alniche Lifesciences has already forayed into pharma manufacturing under the name of EffiKasia Lifesciences. At its manufacturing setup in Kangra, Himachal Pradesh, the company produces pharmaceuticals, nutraceuticals and dermatologicals.

Mr. Sumit Arora said, “We are committed to excellent and complete healthcare, and the key to our success is active participation in Global and National conferences as well as Scientific Symposia. These activities help us remain connected with our Doctors and well-informed of scientific developments. All through these initiatives, we keep our focus intact on promoting deep engagements with medical fraternity, and we make it our top priority to listen to them closely for better patient care.”

He adds further that Alniche Lifesciences combines this strategic focus with a diversified approach that empowers it to venture in new specialty areas where unmet patients’ needs are significant. Alniche Lifesciences aspires to strengthen its geographical presence in all the key global markets. The company is moving ahead with its vision to launch novel products across various therapies and become the preferred partner of Global Lifesciences organisations. Further, Alniche Lifesciences promotes deep engagement with medical fraternity and it listens to them closely for better patient care. While working with global consulting companies, its aggressive and well-structured approach helps it to commercialize successful Global brands. In all its segments, Alniche Lifesciences has successfully launched new brands from Korea, US as well as Australia in India.

Alniche Lifescienes has established an excellent pan-India distribution network through which it successfully attended all the emergency calls for services and medicines for dialysis during Covid- 19 pandemic, the time when the entire healthcare system was almost collapsed.

A competent leader, Mr. Arora has big plans for expanding Alniche Lifesciences aggressively into various segments of medicines. He is equally engaged in driving its growth and expansion in India and abroad. The company is all set to launch more than ten new divisions in the next couple of years. Mr. Arora believes that a fast and reliable distribution network is one of the most critical aspects of the success of a company and so he personally manages his distribution channels. Apart from its major distribution hub in Ahmedabad, Alniche Lifesciences has more than 28 distributors pan-India and it has over 700 employees.

Mr. Arora has received several accolades for his pioneering contribution to the healthcare industry. Recently he was bestowed upon with Excellence in Healthcare Award by Times Group at a prestigious award ceremony in India. He has won Young Turk Of The Year Award in Global Business Conclave 2021 held in Dubai. Sachin Tendulkar, the Master blaster of Cricket, and the Bollywood superstar, Shahrukh khan are the role models of Mr. Arora, “since their lives are the incredible sagas of success”, and they proved that “out of the ordinary, often extraordinary is born.”

Website: https://www.alniche.com/

Mumbai (Maharashtra) [India], March 2: Welcome to a universe where jewellery does more than adorn; it tells a story, embodies boldness, and mirrors the infinite beauty of the cosmos. Svaraa Jewels proudly introduce the Galaxy Collection, a testament to the artistry of our expert artisans who drew inspiration from the mesmerizing spiral galaxies and celestial bodies. This collection is not just jewellery; it’s a celebration of every woman’s bold and beautiful inner spirit.

The Inspiration Behind the Galaxy Collection

Dive deep into the heart of the cosmos with the Svaraa Jewels Galaxy Collection. Born from a fascination with the vast and mysterious universe, our designers have harnessed the ethereal beauty of spiral galaxies, stars, and celestial phenomena to craft a collection that speaks to the soul. Every piece, from the intricate lab grown diamond rings to the elegant lab grown diamond necklaces, symbolizes the universe’s boundless beauty and the bold inner beauty of every woman.

Uniquely Crafted for the Modern Woman

The Galaxy Collection stands at the intersection of tradition and modernity. Each piece, be it a ring, earring, bracelet, necklace, or mangalsutra, is designed for the woman who dares to stand out. Using only the finest lab-grown diamonds and recycled gold, Svaraa Jewels promises unparalleled elegance, sustainability, and ethical responsibility. This collection is perfect for those seeking bold, modern, and iconic jewellery.

Sustainability and Ethical Beauty

In an era where sustainability is not just a choice but a necessity, the Galaxy Collection shines bright with its commitment to ethical beauty. By embracing lab-grown diamonds and recycled gold, Svaraa Jewels take a stand for the planet without compromising on the sparkle that every woman deserves.

The Masterpieces of the Galaxy Collection

Explore the masterpieces that make the Galaxy Collection genuinely unique. Each jewellery piece tells a story of craftsmanship, inspiration from the cosmos, and the relentless pursuit of beauty. Discover the rings that sparkle like stars, earrings that mirror the galaxy’s spiral, bracelets that embody celestial elegance, necklaces that capture the essence of the universe, and mangalsutras that symbolize an eternal bond.

Unveil Your Cosmic Sparkle in You.

The Galaxy Collection by Svaraa Jewels is more than just jewellery; it’s a celebration of bold, modern, and iconic fashion that connects every wearer to the majesty of the cosmos. Unveil the cosmic sparkle within you and embrace a collection that stands as a testament to beauty, sustainability, and the timeless allure of the universe.

Elevating the Corrugated Packaging Machinery Industry in India

New Delhi (India), March 2:  The Corru Pack Print India Expo 2024, an exhibition dedicated to the Corrugated Packaging Machinery Industry, is set to unfold from March 7 to March 9 at the India International Convention and Expo Center in New Delhi. Jointly Organized by the Indian Paper Corrugated & Packaging Machinery Manufacturers Association (ICPMA) and the Futurex Group, this event stands as the singular exhibition facilitated by India’s foremost Corrugated Packaging Machinery Association.

This expo will feature leading manufacturers in the Corrugated Packaging Machinery sector, showcasing their latest products with live demonstrations of cutting-edge machines. The event aims to bring together the entire spectrum of the Corrugation Industry, presenting a comprehensive display of products that cater to the Packaging and Corrugated Industries. With 300+ exhibitors and 800+ participating brands, attendees can expect a dynamic array of offerings and opportunities. From groundbreaking technologies to innovative solutions, the event will feature over 1,000 products and services, providing a comprehensive overview of the latest advancements in the field. Anticipating the presence of over 10,000 trade visitors, this gathering promise to be a vibrant hub for networking, collaboration, and knowledge exchange.

Among the distinguished speakers present at the press conference of this significant event were Mr. Hitesh Nagpal, President of ICPMA and MD of Natraj Industries; Mr. Jatinder Singh, Secretary of ICPMA and Director of Surjeet Engineering; and Swami Prem Anveshi Ji, Managing Director of Futurex Group and Mr. Namit Gupta, Director of Futurex Group.

In his statement, Hitesh Nagpal Ji, the President of ICPMA, highlighted the unique significance of Corru Pack Print India as a specialized event catering exclusively to the corrugation segment. He emphasized that this exhibition marks a pioneering effort by the association, making it the first of its kind to bring together Corrugated Packaging Machinery manufacturers. 

ICPMA, as India’s first Paper Corrugated & Packaging Machinery Manufacturers Association, has been a driving force since its inception in 2014 in New Delhi. It stands as a modern and dynamic forum that provides valuable opportunities for Indian manufacturers engaged in the Corrugated Packaging Machinery Business on a global scale.

Hitesh Ji outlined the association’s ethos, underscoring the active involvement of its members in advancing the technological landscape of the corrugated industry in the country. He further expressed the association’s vision of fostering growth for its members, ensuring that each participant contributes to improving their business for the benefit of future generations. The ICPMA remains dedicated to its mission of enhancing the technological prowess of the country’s corrugated industry through collaborative efforts and continuous innovation.

Mr. Jatinder Singh, Secretary of ICPMA and Director of Surjeet Engineering said “As Secretary of ICPMA, I am delighted to witness the realization of Corru Pack Print India. This platform serves as a bridge between manufacturers and consumers, fostering collaboration and driving growth in the corrugation segment.”

The Indian packaging industry, valued at approximately USD 75 billion in FY20, is on a trajectory to achieve a CAGR of 18-20%, reaching nearly USD 200 billion by FY25. This growth is particularly driven by the retail market, the fifth-largest sector in India’s economy, showcasing consistent expansion potential, especially in exports.

Swami Prem Anveshi Ji, Managing Director of Futurex Group, stated “At Futurex Group, we believe in shaping the future of packaging through innovation and sustainability. Corrupt Pack Print India embodies this vision, providing a forum for industry leaders to showcase cutting-edge solutions and pave the way for a greener tomorrow.”

Corru Pack Print India 2024 promises to be a hub for networking among packaging peers, expanding industry networks, and learning about new packaging trends. With over 150 live machineries in action, attendees can engage in face-to-face interactions, fostering collaborations and knowledge exchange.

Namit Gupta, Director of Futurex Group said, “It’s a strategic confluence of innovation and business acumen. By bringing together industry leaders, we aim to create a fertile ground for meaningful collaborations, fostering technological advancements and driving the Corrugated Packaging Machinery Industry to new heights.”

The Corrugated Packaging industry in India is experiencing substantial growth, fueled by increased demand for consumer products and the burgeoning e-commerce landscape. As a vital component of the packaging sector, corrugated packaging is playing a crucial role in ensuring the protection of products during distribution, developing brand identity, and managing shipping costs.

The event is fortified by invaluable support from esteemed organizations playing pivotal roles in shaping the landscape of the Corrugated Packaging Machinery Industry including the PHD Chamber of Commerce and Industry, the Federation of Corrugated Box Manufacturers (FCBM), and the Indian Institute of Packaging.

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New Delhi (India), March 2: Within the fast evolving environment of Artificial Intelligence and Machine Learning Metadee is in the lead, pushing innovation and promoting break through research. Metadee’s Lab as the house of deep tech sector based research in AI, ML and Quantum Computing isn’t only molding the future but in actively building it. The Lab has played a key role in developing innovative technologies in the areas of Education, Health, Space technology, Aviation, Media, Agriculture, Defence, Biostatistics among others

Appreciating the role of accessibility and collaboration in driving technological progress, Metadee has done a huge move by open-sourcing one of their base models on Hugging Face. This is a tactical move that is in line with their vision of making AI technology public that should be available to researchers, developers and organizations in the world. Adding to global knowledge pool open sourcing their technology is also promoting collaboration enabling innovation and speeding up the pace of AI and ML development.

Adapting this model is flexible. This open sourcing will help in resolving the toughest problems, improving productivity and providing wider opportunities for businesses and communities. Apart from developing AI and ML Metadee also revolutionary in the field of infrastructure optimization for Generative AI and ML. By this move we ensure that these technologies are more accessible and sustainable for communities and businesses by removing adoption obstacle and promoting wider utilization.

Founder’s message

The Founder and CEO of Metadee Ms Deepali Shukla says, AI is not a phase; its reality and AI is here to stay. I think about community and with that spirit of democratising technology we are joining the biggest community of open source AI builders.

Believing in the term “Sharing knowledge benefits everybody.” we at Metadee decided to start sharing everything that we had learned about Machine learning in process of building our models. We invite all the developers to use Metadees base model on hugging face and do their R&D on that. Metadee is continuously in research for development of better tools/technologies for community growth. Our focus is to leverage the power of Generative AI (LLP and Neural architecture) for various sectors like education, healthcare, finance and agriculture. More and more people and businesses would be benefitted by this step of ours.

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New Delhi (India), March 2: In the vast tapestry of fashion, where trends come and flow, one brand stands as a testament to timeless elegance – KAVVYA. Founded by the visionary Abhishek Maheshwari, Ritika Maheshwari, and co-founder Ashish Mahajan, KAVVYA is more than just a name; it’s a narrative of passion, dedication, and a touch of personal significance.

The Genesis: KAVVYA, a Name with a Story

As Abhishek Maheshwari reveals, the inspiration for KAVVYA came from a deeply personal place – his younger daughter’s name. With their elder daughter’s name already gracing their B2B business, the idea of going online took shape, and the name “KAVVYA” instantly resonated. It not only carries familial importance but also aligns seamlessly with the brand’s ethos of authenticity.

Delving into the literal meaning of KAVVYA, it signifies a poem or a part of a poem. Ritika Maheshwari explains the connection, stating, “For us, KAVVYA represents more than just a poem; it embodies a beautiful poem. Just as a poet pours their heart and soul into crafting a poem, we imbue our products with the same dedication and passion.”

Crafting Poetry through Fashion: KAVVYA’s Vision Unveiled

Abhishek, Ritika, and Ashish share a common vision – to propel KAVVYA beyond being a mere brand and position it as a global force in women’s fashion. Abhishek articulates, “KAVVYA is set to be a dynamic fashion brand for women, constantly evolving and adapting to the ever-changing trends and desires of our discerning customers.”

Cultural Threads and Target Audience: A Tapestry for All

KAVVYA’s cultural threads extend globally, embracing timeless elegance. Ritika emphasizes, “The world is KAVVYA’s canvas, with a focus on embracing timeless elegance.” This ethos ensures that every creation resonates with a diverse audience, transcending boundaries and cultures.

Versatility Redefined: From Everyday Chic to Festival Opulence

Ritika Maheshwari elaborates on KAVVYA’s commitment to versatility, “Our sarees seamlessly transition from everyday fashion to festival elegance. KAVVYA is there for every occasion, ensuring it’s a companion in every wardrobe.”

Values and Emotional Connection: The Essence of KAVVYA

For Ashish Mahajan, KAVVYA is more than a brand; it’s a problem-solving entity with an emotional connection. “Through meticulous care and attention to detail, KAVVYA addresses the fashion needs of women, creating an emotional bond through exceptional quality and design,” he states.

Mission: Revolutionizing the Saree World Globally

Abhishek Maheshwari, Ritika Maheshwari, and Ashish Mahajan collectively express KAVVYA’s mission – to revolutionize the world of sarees globally. With dedication to quality, innovation, and exceptional customer experience, KAVVYA aspires to be a leading saree brand worldwide.

In their joint statement, the founders convey, “Fashion is a powerful tool that can empower every human being and enhance their confidence. With our meticulously crafted ensembles, we aspire to inspire women to embrace their individuality and express themselves through fashion.”

Global Presence: Where Timeless Elegance Meets Contemporary Style

KAVVYA’s poetic creations are within reach at www.kavvya.com/and available on Amazon, Flipkart, Meesho and Ajio. The brand is accessible to fashion-conscious women worldwide, inviting them to explore a collection where timeless elegance meets contemporary style.

In conclusion, KAVVYA is not just a brand; it’s a celebration of elegance, a journey through the poetry of fashion led by Abhishek Maheshwari, Ritika Maheshwari, and co-founder Ashish Mahajan. Join the enchanting voyage with KAVVYA – where every saree tells a tale of grace, sophistication, and timeless beauty.

Everytime in awe, for the, Poetry of fashion.

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