BIZ

House of Fashion brawl; two employees hospitalized

Published

1 year ago

January 24, 2023

editor

Two employees of House of Fashion at Bambalapitiya who were injured during the recent brawl that took place with a customer have been admitted to the hospital.

During the conflict, the employees kicked and beat up the customer with sticks while the customer also attacked the employees.

The Bambalapitiya Police are investigating the incident and they have recorded statements from the customers yesterday (23). They are a couple residing in Maharagama.

Statements were recorded from the employees as well.

However, no one has been arrested in connection with this incident so far.

Cause of the brawl..

On January 21, a customer has complained that his vehicle had been blocked by another vehicle in the car park.

The vehicle owner blocking the customer’s car has parked the car in House of Fashion “parking” and had gone to another location.

Therefore, the customer had gone and complained to House of Fashion along with his wife resulting in an argument which had led to the brawl.

Excuses..

Meanwhile, the House of Fashion issued a statement yesterday (23).

It said, “We feel this incident has badly impacted our goodwill with the customers. We at House of Fashion always make sure that we do our best to protect our customers and do the best customer service at all times.”

One sided CCTV..

Meanwhile, House of Fashion had released CCTV footage obtained from one side to several media outlets.

They are shown below.

Edited video to show that the customer is wrong. I think #HouseofFashion is keep digging the hole deeper. This will backfire by tomorrow! #lka #ShitService https://t.co/1cW4yIJNtV
— Muditha (@muditha) January 23, 2023

Customer recorded footage shared on social media:

Cops launch probe over House of Fashion assualt

A police probe is underway after the staff of House of Fashion in Bambalapitiya were seen beating up a customer. #SriLanka pic.twitter.com/f72rlq8Oc3
— Jamila Husain (@Jamz5251) January 22, 2023

BIZ

CPC slashes fuel prices

Published

1 day ago

April 30, 2024

editor

The Ceylon Petroleum Corporation has reduced fuel prices with effect from midnight today (April 30).

Accordingly,

– Petrol (92) has been reduced by Rs.3/- to Rs. 368/– Petrol (95) has been reduced by Rs. 20/- to Rs. 420/-
– Lanka Auto Diesel has been reduced by Rs. 30/- to Rs. 333/-
– Lanka Super Diesel 4 Star Euro 4 has been reduced by Rs. 9/- to Rs. 377/-

– Lanka Kerosene has been reduced by Rs. 30/- to Rs. 215/-

BIZ

Supreme Global Holdings enters bidding to acquire SriLankan shares

Published

2 days ago

April 29, 2024

editor

Supreme Global Holdings, a conglomerate owned by R.M. Manivannan, has entered the bidding process to acquire shares of the national carrier – SriLankan Airlines.

According to a media release by the company issued in this regard, the Expression of Interest (EOI) process, which concluded last week (Apr 27), saw the participation of Supreme Global, under Sherisha Technologies Private Limited.

Sherisha Technologies Private Limited, formerly known as SunEdison Energy India Private Limited.

Last week it was reported that six (06) Request for Qualification (RfQ) were received from potential investors for the acquisition of shares in SriLankan Airlines Limited.

Sherisha Technologies Private Limited was among the six entities.

Supreme Global Holdings is also known for having formed a robust consortium including MBS Investments, the investment arm of the Private Office of Sheikh Nayef Bin Eid Al Thani of Qatar.

Apart from its recent bidding for SriLankan Airlines, Supreme Global Holdings previously assisted Sri Lanka during the energy crisis faced in 2022, by extending over USD 1.5 billion in credit to Sri Lanka, along with innovative payment solutions such as accepting Sri Lankan rupees for oil payments.

BIZ

Oriflame exiting Sri Lanka due to economic challenges

Published

3 days ago

April 28, 2024

editor

Oriflame, a global beauty company, has announced its decision to withdraw from the Sri Lankan market effective 15 May 2024, citing a range of economic challenges that have made its operations unsustainable.

In a statement released, Oriflame expressed deep regret over its departure from Sri Lanka, a market it has been a part of since 1997. Despite years of dedication and resilience in the face of various challenges, the company cited a confluence of factors that have rendered its operations untenable.

“Unfortunately, despite our efforts, the macroeconomic environment, characterised by a series of financial crises, the global impact of COVID-19, stringent import restrictions, fluctuating exchange rates, increased operational costs and regulatory changes has significantly hindered our operations. These factors have made it unsustainable for us to continue our business in the foreseeable future,” it added.

Oriflame expressed gratitude to its brand partners, leaders, staff and stakeholders for their unwavering support, dedication and contributions over the years. Special acknowledgment was given to top leaders who have played integral roles in the company’s growth and success, being part of the top 15 council over the years.

This decision was not reached lightly. We have always been committed to nurturing the Oriflame dreams in Sri Lanka. However, the combination of these economic and operational challenges means that the outlook for our business in Sri Lanka does not align with our expectations for long-term profitability and growth,” the statement read.

The company concluded by expressing gratitude for the partnership with its stakeholders and extended best wishes for their future endeavours.

(www.ft.lk)
(Except for the headline, this story, originally published by www.ft.lk has not been edited by SLM staff)