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Time of India
05-07-2025
- Business
- Time of India
Edelweiss Mutual Fund CEO Radhika Gupta on Prada Kolahpuris controversy: Every child knows who Prada and Gucci are, but very few ...
Radhika Gupta , CEO of Edelweiss Mutual Fund has started an online debate by calling out popular fashion brand Prada for showcasing scandals that resemble closely to India's traditional Kolhapuri chappals . Gupta has criticised Prada for not giving the due credit to the original artisans. Her remarks soon went viral on social media calling for the recognition and preservation of India's textile heritage. What Edelweiss Mutual Fund CEO Radhika Gupta said on Prada Kolahpuris controversy Gupta shared a post on social media platform X (formerly known as Twitter) in which she criticised Prada. '500 rupee chappal sold for 1 lakh, without any credit! This is why I am obsessed with wearing and talking about handlooms. Every child knows who Prada and Gucci are, but very few in a room know a Himroo, Sambalpuri or Narayanpet. Our textile heritage and craftsmanship is for us to preserve, brand and benefit from. As for Prada... Remember that till the lion learns to write, all stories will always glorify the hunter.' wrote Gupta. She emphasised the critical need for Indians to proactively "preserve, brand, and benefit from" their own cultural wealth. Billionaire Harsh Goenka also criticised Prada Apart from Radhika Gupta, billionaire Harsh Goenka also called out Prada for selling Kholapuris at such a high price tag. 'Prada is selling products looking like Kolhapuri chappals for over ₹1 lakh. Our artisans make the same by hand for ₹400. They lose, while global brands cash in on our culture. Sad!,' wrote Goenka in a post shared on X. What is the Prada Kolahpuris controversy The Prada Kolahpuris controversy started after the luxury fashion brand launched its Spring/Summer 2026 men's collection. The summer collection consisted of open-toe, braided leather sandals that bore a striking resemblance to Kolhapuris. For those unaware, Kolhapuris are a GI tagged handcrafted footwear from Maharashtra and Karnataka. After the backlash, the luxury fashion brand has reportedly scheduled a virtual meeting with the Maharashtra Chamber of Commerce, Industry and Agriculture (MACCIA) for July 11. This meeting aims to explore potential collaborations, including co-branded collections and skill development initiatives.
Time of India
04-07-2025
- Business
- Time of India
'Till the lion learns to write...': Edelweiss MF CEO Radhika Gupta slams Prada amid Kolhapuri sandals controversy; says ‘500 rupee chappal sold for 1 lakh'
Edelweiss Mutual Funds CEO and MD Radhika Gupta Italian luxury fashion house Prada has been facing severe online backlash after its latest collection showcased men's sandals resembling India's traditional Kolhapuri chappals. Edelweiss Mutual Funds CEO and MD Radhika Gupta weighed in on the ongoing controversy, highlighting the importance of acknowledging original creators and preserving India's textile heritage. In a post on social media platform X, Gupta wrote, '500 rupee chappal sold for 1 lakh, without any credit!' highlighting her anger over the lack of acknowledgment for Indian craftsmanship. 'This is why I am obsessed with wearing and talking about handlooms. Every child knows who Prada and Gucci are, but very few in a room know a Himroo, Sambalpuri or Narayanpet. Our textile heritage and craftsmanship is for us to preserve, brand and benefit from,' she added. Concluding her post, she wrote, 'As for Prada... Remember that till the lion learns to write, all stories will always glorify the hunter.' The criticism follows Prada's Milan fashion show, where the brand presented open-toe sandals that closely resembled Kolhapuris but did not credit Indian artisans or traditions. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Get ₹2Cr life cover@ ₹700 p.m. ICICI Pru Life Insurance Plan Get Quote Undo Social media backlash soon erupted, with artisans, trade bodies, and even Indian politicians calling out the brand. MACCIA proposes joint collaboration Facing mounting criticism, Prada was compelled to acknowledge the Indian roots of its Spring-Summer 2026 menswear sandal collection. The label is now expected to hold a virtual meeting on July 11 with the Maharashtra Chamber of Commerce, Industry and Agriculture (MACCIA) to explore potential collaboration. MACCIA, in a letter dated June 30, proposed setting up a joint working group with Prada and local artisan organisations. The aim is to discuss co-branded limited-edition collections, global-standard skill development, and cultural exchange efforts to ensure due recognition and benefits for Kolhapuri artisans. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
