Brands
Godrej Properties clocks Rs 1,000 crore plot blitz in Panipat debut
PANIPAT: Godrej Properties has stormed into Panipat with a Rs 1,000 crore-plus sales haul at the launch of its first plotted development in the city, underscoring fierce demand in emerging residential markets.
The developer sold more than 600 plots covering about eight lakh square feet at Evora Estate in Sector 40, Panipat, since its debut in December 2025. The project marks Godrej Properties’ most successful plotted development launch by sales value to date.
Spread across 43 acres along NH 44A, Evora Estate is styled on a Mediterranean theme and features a premium clubhouse and lifestyle amenities. It is the company’s first project in Panipat and its fourth plotted township in north India.
The strong uptake reflects Panipat’s rising appeal as a residential micro-market, driven by infrastructure upgrades, improved connectivity via NH-44 and a growing industrial base.
Godrej Properties MD and CEO Gaurav Pandey, said the response reaffirmed demand for “thoughtfully designed neighbourhoods” offering long-term value in fast-evolving cities, adding that the group would continue expanding its footprint across Haryana with a focus on sustainable, high-quality developments.
Brands
Lululemon picks former Nike executive to be its next chief
Heidi O’Neill, who helped grow Nike into a $45 billion giant, will take the top job in September
CANADA: Lululemon has found its next chief executive, and she comes with serious credentials. The athleisure giant named Heidi O’Neill as its new CEO on Wednesday, ending a search that has left the company running on interim leadership since earlier this year. O’Neill will take charge on September 8, 2026, based out of Vancouver, and will join the board on the same day.
O’Neill brings more than three decades of experience across performance apparel, footwear and sport. The bulk of that time was spent at Nike, where she was a central figure in one of corporate sport’s great growth stories, helping take the company from a $9 billion business to a $45 billion global powerhouse. She oversaw product pipelines, brand strategy and consumer connections, and played a significant role in shaping how Nike spoke to athletes around the world. Earlier in her career, she worked in marketing for the Dockers brand at Levi Strauss. She also brings boardroom experience from Spotify Technology, Hyatt Hotels and Lithia and Driveway.
The board was unequivocal in its enthusiasm. “We selected Heidi because of the breadth of her experience, her demonstrated success delivering breakthrough ideas and initiatives at scale, and her ability to be a knowledgeable change and growth agent,” said Marti Morfitt, executive chair of Lululemon’s board.
O’Neill, for her part, was bullish. “Lululemon is an iconic brand with something rare: genuine guest love, a product ethos rooted in innovation, and a global platform still in the early stages of its potential,” she said. “My job will be to accelerate product breakthroughs, deepen the brand’s cultural relevance, and unlock growth in markets around the world.”
Until she arrives, Meghan Frank and André Maestrini will continue as interim co-CEOs, before returning to their previous senior leadership roles once O’Neill steps in.
Lululemon is betting that a Nike veteran who helped build one of the world’s most powerful sports brands can do something similar for an athleisure label that has genuine love from its customers but is still chasing its full global potential. O’Neill has done it before at scale. The question now is whether she can do it again.
