Brands
Nissan, Avis roll out Rs 9,399 leasing plans for Magnite, GRAVITE
Partnership targets corporate mobility with flexible, asset-light solutions
GURUGRAM: Nissan Motor India has partnered with Avis India to introduce leasing and subscription-based mobility solutions, targeting the growing demand for flexible and asset-light transport options among corporate customers.
Under the partnership, vehicles including the Nissan Magnite and the all-new Nissan GRAVITE will be available through structured leasing and subscription plans. Rentals start at Rs 9,399 per month, with flexible tenures of up to 60 months and usage capped at 50,000 km.
The offering is designed as an end-to-end solution, with Avis India handling the complete lease lifecycle, including procurement, registration, maintenance, insurance and end-of-term services. The aim is to provide enterprises with predictable cost structures while reducing the burden of asset ownership.
Commenting on the development, Nissan Motor India managing director Saurabh Vatsa said, “This partnership reinforces Nissan’s long-term commitment to the Indian market through strategic, customer-centric initiatives that deliver greater value by expanding accessible and flexible mobility solutions.”
He added, Nissan Motor India managing director Saurabh Vatsa said, “By collaborating with Avis India, we are enabling a seamless leasing ecosystem that supports the evolving needs of corporate customers seeking efficient and scalable mobility.”
Echoing the sentiment, Avis India managing director Aman Naagar said, “This partnership strengthens our relationships with key manufacturers and aligns with our focus on building scalable and structured platforms for enterprise clients.”
The collaboration reflects a broader shift in corporate mobility preferences, where businesses are increasingly opting for subscription-led models over ownership. By combining Nissan’s vehicle portfolio with Avis India’s operational capabilities, the companies are positioning themselves to tap into India’s evolving mobility landscape with solutions that prioritise flexibility, efficiency and scale.
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.
