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| - | The Russian economy has been dealing with growing headwinds this year: unruly inflation, a ballooning budget deficit – due in part to massive military spending – and shrinking revenues from oil and natural gas. | + | India beckons Western fashion brands — but their cultural missteps can be costly |
| - | [[https://tripscan60c.cc/|трип скан]] | + | |
| - | Economic growth has also slowed sharply. But the gathering economic storm is unlikely to bring President Vladimir Putin to the negotiation table anytime soon to end the war in Ukraine. Analysts say the Kremlin could weather it for many more years at the current pace of fighting | + | When Prada sent several pairs of brown sandals with distinctive toe rings and intricate stitching down its menswear runway |
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| - | “If you look at the economy itself, it’s not going to be that ultimate straw that breaks the camel’s back,” said Maria Snegovaya, a senior fellow for Russia and Eurasia at the Center for Strategic and International Studies (CSIS), a think tank. “It’s not catastrophic. It’s manageable.” | + | |
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| - | Looking at the next three to five years, Russia could carry on fighting, she said, noting that it’s hard to make a reliable assessment beyond that. | + | |
| - | And a contingent | + | The storied Italian fashion house may have presented the shoes as a new luxury creation, but many in India simply saw a pair of Kolhapuri chappals — traditional hand-crafted sandals with roots stretching back to the 12th or 13th century. |
| - | Western sanctions have not inflicted enough pain on Russia’s energy-focused economy | + | Prada’s initial failure |
| - | “As long as Russia’s pumping oil and they’re selling it at a fairly reasonable price, they have enough money to just muddle along,” said the senior fellow | + | Within a week, Prada had acknowledged in a letter to an Indian trade group that the sandals in its men’s Spring-Summer 2026 collection were indeed “inspired by traditional Indian footwear.” In a statement |
| - | “I’m not saying it’s a really rosy picture for them, but they’ve got enough for the economy not to be a factor | + | Prada’s readiness to confront the controversy could be a reflection of the fashion industry’s growing interest in India’s luxury consumers — and a reluctance to anger them. But the episode also epitomizes how Western labels have often struggled |
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| + | A burgeoning luxury market | ||
| + | India’s luxury market is on a dramatic ascent, estimated to expand from $7.73 billion | ||
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| + | This projected growth is fueled by a rising middle class, increased urbanization and a new generation of brand-conscious, | ||
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| + | “We’re seeing a beautifully diverse audience, from second-gen industrialist families to first-gen digital entrepreneurs, | ||