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PUMA strikes back at counterfeit trade in Sri Lanka

Daily FT

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November 05, 2025

PUMA SE, a global pioneer in the sportswear industry, has successfully obtained four enjoining orders from the Commercial High Court of Colombo against connected suspected entities engaging in the sale of counterfeit goods.

The company, represented by its registered Attorneys-at-Law, Sudath Perera Associates, initiated civil litigation against the entities “SAFFANS”, “Saffans Mens Shoes Ltd.”, “Saffans Bridal Shoes Ltd.” and “Saffans Shoes Ltd.” under the provisions of the Intellectual Property Act No. 36 of 2003.

The actions were based on allegations that the defendants were involved in the sale of counterfeit goods unlawfully bearing PUMA SE's registered trademarks, including the iconic "PUMA" name and the leaping cat logo.

MÁS HISTORIAS DE Daily FT

Daily FT

Daily FT

Sri Lankan-born Ray Jayawardhana appointed Caltech's 10th President

DR. Ray Jayawardhana, an accomplished academic leader and renowned astrophysicist who currently serves as provost of Johns Hopkins University, has been named Caltech's next President, the tenth in the Institute's 105-year history.

time to read

3 mins

January 08, 2026

Daily FT

Daily FT

Jetwing Saman Villas wins "Best International Hotel for Weddings" at Travel+Leisure India's Best Awards 2025

JETWING Saman Villas, part of Jetwing Luxury Reserves, has been awarded “Best International Hotel for Weddings” at the 14th edition of Travel+Leisure India and South Asia's Best Awards, held last month in New Delhi.

time to read

1 mins

January 08, 2026

Daily FT

27TH PRESIDENTIAL EXPORT AWARDS PRESENTED TO SRI LANKAN EXPORTERS IN RECOGNITION OF THEIR EXCEPTIONAL CONTRIBUTIONS TO THE EXPORT SECTOR

The Sri Lanka Export Development Board (EDB) successfully concluded the 27th Presidential Export Awards (PEA) Ceremony on Thursday, December 11, 2025, at the Bandaranaike Memorial International Conference Hall (BMICH), under the patronage of Hon.

time to read

2 mins

January 08, 2026

Daily FT

Daily FT

Message from the Chairman of the Sri Lanka Export Development Board

As we concluded 2025, it is with immense pride that we reflect on the historic achievements of Sri Lanka's export community celebrated at the 27th Presidential Export Awards Ceremony held on December 11, 2025, at the Bandaranaike Memorial International Conference Hall (BMICH).

time to read

1 mins

January 08, 2026

Daily FT

Daily FT

LB Finance recognised at ICSDB 2025 for excellence in sustainability and digital innovation

LB Finance PLC earned distinguished recognition at the 4th International Conference on Sustainable and Digital Business 2025 (ICSDB 2025), organised by the SLIIT Business School on 11 and 12 December 2025 at Waters Edge.

time to read

1 min

January 08, 2026

Daily FT

Daily FT

Stock market suffers worst humiliation in 130-year history

Trades and orders up to first 24 minutes cancelled after questionable maiden transactions of newly listed Wealth Trust Securities shares

time to read

4 mins

January 08, 2026

Daily FT

Daily FT

British Sri Lankan Muslim Organisations donate £ 25,000 to rebuilding and disaster recovery efforts

BRITISH Sri Lankan Muslim organisations came together to express their solidarity and commitment to help their motherland and handed over a collective donation of £25,000 (Rs 10.5 Million) towards Sri Lankan Government’s National Rebuilding and Disaster Recovery Initiative, efforts following the severe impact of Cyclone DITWA, Flooding and Landslide.

time to read

2 mins

January 08, 2026

Daily FT

Sri Lanka signs € 188 m debt restructuring deal with Germany

THE Finance Ministry yesterday said it has signed a bilateral agreement with the Federal Republic of Germany to restructure external debt amounting to 188 million, marking a further milestone in Sri Lanka's ongoing debt restructuring process.

time to read

1 min

January 08, 2026

Daily FT

Daily FT

Govt. flags drop in Korean job placement

■Outlines diplomatic push for relief to over 10,000 candidates

time to read

3 mins

January 08, 2026

Daily FT

Daily FT

Fresh policy approach to Lasantha Wickrematunge case in an age of apathy and indifference

SIXTEEN years after the assassination of The Sunday Leader editor Lasantha Wickrematunge, the Sri Lankan justice system has failed to identify or effectively prosecute those who ordered the killing.

time to read

5 mins

January 08, 2026

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