Brands
Raymond Lifestyle appoints Satyaki Ghosh as CEO
MUMBAI: Raymond Lifestyle has moved swiftly at the top, appointing Satyaki Ghosh as chief executive with effect from January 19, 2026, signalling a renewed push to scale its lifestyle business amid intensifying competition.
The board cleared the appointment at a meeting on Monday, the company said in a regulatory filing, handing Ghosh full operational charge as key managerial personnel.
Ghosh joins from the Aditya Birla Group, where he most recently served as chief executive of cellulosic fashion yarn at Grasim Industries. Before that, he led the group’s domestic textiles business and ran the Thai acrylic fibre operations, overseeing multi-country manufacturing networks and complex global supply chains.
With more than 25 years of experience, Ghosh brings deep exposure across FMCG, textiles, retail and consumer businesses, spanning both B2B and B2C environments. His earlier stints include over seven years at L’Oréal India and roles at PepsiCo India, Spencer’s Retail, GE Lighting and Burns Philp.
The appointment comes as Raymond Lifestyle looks to sharpen execution, accelerate growth and build sharper consumer-facing brands. With a seasoned operator at the helm, the company is signalling intent: fewer experiments, faster decisions and a harder commercial edge.
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.
