Brands
Guru Samruddhi serves up GS Delhi Aces with Leander Paes as ambassador
MUMBAI: Guru Samruddhi House of Investments has stepped onto the sporting court with the acquisition of the GS Delhi Aces franchise in the Tennis Premier League (TPL). The announcement comes ahead of the league’s seventh edition, with tennis icon Leander Paes joining as brand ambassador.
The launch, held in Dubai on 10 September, was a historic first for TPL as the team unveiled itself on an international stage. The evening drew over 500 attendees, with Paes receiving a rousing welcome alongside blessings from Sadguru Shri Guruji. [sic]
18-time Grand Slam champion and Olympic medallist, Paes said, “I have been a part of TPL since its inception. This year is a special one for the league as it will become India’s fourth sporting league to complete seven successful seasons, and I am delighted to be associated with GS Delhi Aces.”
With this acquisition, Guru Samruddhi, a diversified group spanning co-operative societies, insurance, tourism, and real estate, has added professional sport to its portfolio. CMD Vijay Pusdekar said, “We are immensely proud to represent the confidence of putting on a good show for tennis fans in Delhi and across the country.”
The Tennis Premier League, featuring eight franchises, continues to expand its star-studded roster. Alongside Paes, the league boasts ambassadors and owners such as Sania Mirza (Gurgaon Grand Slammers), Mahesh Bhupathi (SG Sports), Rakul Preet Singh (Hyderabad Strikers), and Sonali Bendre (Chennai Smashers).
Welcoming the new team, TPL co-founder Kunal Thakkur said, “This year, for the very first time, the league will feature ATP top-ranked players within 30–50.” Fellow co-founder Mrunal Jain added, “With visionary partners like Guru Samruddhi, we are confident this season will be historic, competitive, and truly memorable.
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.
