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Philips Norelco launches Head Shaver Pro series, featuring elevated comfort and precision

1. Philips launches the Norelco Head Shaver Pro Series, targeting the growing head shaving market. 2. New technology enhances precision and comfort, responding to real-time hair thickness. 3. Market research indicates increasing demand for advanced shaving solutions among balding men. 4. The product is offered online with prices ranging from $79.99 to $139.99. 5. Philips aims to empower users with a personalized and efficient grooming experience.

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Why Bullish?

Philips is entering a new, growing market segment, which could increase revenue. Historical launches of innovative products by Philips have often led to positive market reactions.

How important is it?

The introduction of a new product line may attract new customers and enhance brand perception, positively affecting PHG's stock.

Why Long Term?

The sustained interest in head shaving and grooming technology indicates potential for ongoing revenue growth.

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The No. 1 electric shave brand* brings its unmatched blade technology to a new grooming category, helping deliver a smoother, more personalized headshave experience, /PRNewswire/ -- Today Royal Philips (NYSE: PHG, AEX: PHIA), a global leader in health technology and grooming innovation, announces the launch of Philips Norelco Head Shaver Pro Series — a breakthrough electric shaver that's engineered to deliver new levels of precision and comfort.As the newest breakthrough from America's #1 electric shave and grooming brand*, the Philips Norelco Head Shaver Pro Series is designed for a smooth, close and comfortable head shave that brings the confidence to raise your standards. Philips Norelco Head Shaver Pro 7000 100% waterproof Philips Norelco Head Shaver Pro Series Philips Norelco Head Shaver Pro Series Key features include: Powered by PowerAdapt Sensor technology, the shaver reads and responds to hair thickness in real time, ensuring a smooth, comfortable shave from start to finish. The 360-degree Flexing Head effortlessly adapts to every contour of the scalp, cutting hair in any direction to maintain optimal skin contact and reduce pressure and irritation, even in hard-to-reach areas. Equipped with 36 ComfortCut blades, the Head Shaver Pro series is engineered to deliver an ultra-close, polished finish, and a sleek, ergonomic grip that ensures a secure, comfortable hold. "Head shaving is a growing choice for people who want a clean, confident look," said Rafael Viestel da Silva, Philips Grooming and Beauty Marketing Director. "The Philips Norelco Head Shaver Pro Series brings our decades of rotary technology to this category, delivering a close, comfortable shave with the control and precision that Philips is known for. It's designed to make the daily shave easy, effective and something people can feel good about every day."Grounded in Research, Elevated in PerformanceRecent consumer research from Philips shows that, among the more than 70 million men in the U.S. experiencing balding ** — and the nearly half who shave their heads*** — there is a growing demand for head shaving solutions that go beyond basic trimming. Men want tools that deliver a close, comfortable shave, minimize irritation and easily fit into their fast-paced routines.This shift reflects how head shaving has become a statement of personal expression and confidence, not just maintenance. Designed in direct response to these needs, Philips Norelco Head Shaver Pro Series offers a personalized, skin-friendly grooming experience that empowers users to look and feel their best every day.Additional features include: Extended runtime: Enjoy up to 90 minutes of cordless shaving from a 1-hour charge with increased battery life—perfect for at home or on-the-go. Quick charge + easy maintenance: A 5-minute quick charge gives you a full shave in a pinch, while the rinsing stand, travel lock and convenient storage pouch keep your shaver clean, secure and organized wherever you go. 100% waterproof: For use wet or dry with gel or foam, even in the shower. 'Hair Collect' system: Captures cut hairs during your shave to help keep sinks and counters clean as you go. Anti-corrosive replacement heads available: Designed for all Philips Norelco Head Shaver Pro series and built to last. It's recommended to replace your blades every six months to maintain optimal shaving performance. Availability & PricingPhilips Norelco Head Shaver Pro series is available on Philips.com, Amazon.com and Walmart.com, with other retailers adding to offerings throughout 2025 and 2026.The suggested retail price is $79.99-$139.99 for the series and $34.99 for the replacement heads. Philips Norelco also offers a warranty of up to five years with product registration.For further information, please contact:About Royal PhilipsRoyal Philips (NYSE: PHG, AEX: PHIA) is a leading health technology company focused on improving people's health and well-being through meaningful innovation. Philips' patient- and people-centric innovation leverages advanced technology and deep clinical and consumer insights to deliver personal health solutions for consumers and professional health solutions for healthcare providers and their patients in the hospital and the home.Headquartered in the Netherlands, the company is a leader in diagnostic imaging, ultrasound, image-guided therapy, monitoring and enterprise informatics, as well as in personal health. Philips generated 2024 sales of EUR 18 billion and employs approximately 69,300 employees with sales and services in more than 100 countries. News about Philips can be found at www.philips.com/newscenter.*Circana, LLC, Total US – MULO+, Men's Grooming by Brand, Dollar Sales, CY 2024 Ending 12/29/24**Medihair, 2024***MG Device ecosystem multiusage 2024; Truth, Refining portfolio strategy, 2024SOURCE Philips Norelco WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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