Latest news with #Avent
Time of India
30-04-2025
- Business
- Time of India
Philips targets double-digit growth in India
Philips is expecting double-digit growth in the short to mid-term in India, a "key market" for the Dutch multinational, a top company official said on Tuesday. India has the potential to come into its top five markets over the next five years, helped by the double-digit CAGR growth here, said Vidyut Kaul, Head of Personal Health, Philips Growth Region (JAPAC, ISC, META & LATAM). The company is encouraging domestic sourcing not only for the local markets but also for its global markets, he added. "We have committed to India being the key market, and we have been both for personal health products as well as our med tech products. We do a lot of sourcing out of India. So, that continues with the ambition. So, we continue to look at opportunities to scale back," Kaul told PTI. In India, Philips operates in the personal health business, including the beauty and grooming segment, where it has various products like hair dryers, hair straighteners, hair brushes, beard trimmers etc. Its health business also includes oral care -- electric toothbrushes, and mother and child care products. When asked about the growth outlook in India in the short to mid-term, Kaul said: "We are looking at a double-digit CAGR between 10 to 15 per cent". The company expects its men's grooming, mother and child care with Avent and female grooming segments to be its growth drivers. "But, in the next 2 to 3 years horizon, you will see us playing an active part in oral care," Kaul added. India is currently among the top 10 markets of Philips. "With this growth, the idea is, we have the aspiration in the next 5 years to get it into the top 5," he added. In FY24, Philips India's standalone revenue from operations was Rs 6,000.4 crore, up 4.64 per cent year-on-year, according to financial data accessed by business intelligence platform Tofler. Its personal health business contributed Rs 765.8 crore, while the 'Health Systems' vertical generated Rs 2,833.8 crore. Its innovation services contributed Rs 2,271.9 crore. Philips, which is a market leader in the male grooming segment, on Tuesday launched a new line of premium electric shavers in India. According to Kaul, the market is estimated to be around USD 400 million and growing at a healthy double-digit of 10 to 11 per cent year-on-year. "We are the market leaders in different categories. We have between 40 to 65 per cent market share depending on one category and category," he said, adding that "we aim to bring innovation". Philips is manufacturing its grooming products in India at Baddi, Himachal Pradesh. "We have a manufacturing line already. We have got 13 to 14 products, which are made in India," said Kaul. Globally, Philips is the leading brand for electric men's grooming brand and India is already in the top 10 markets for the company. Philips on Tuesday launched premium electric shavers - Philips Series 7000, i9000 and Philips i9000 Prestige Ultra, which are designed with AI-powered SkinIQ technology. Its price starts from Rs 14,999 and goes up to 34,999.
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Business Standard
29-04-2025
- Business
- Business Standard
Philips eyes strong double-digit growth as India nears top-five market spot
Philips is expecting double-digit growth in the short to mid-term in India, a "key market" for the Dutch multinational, a top company official said on Tuesday. India has the potential to come into its top five markets over the next five years, helped by the double-digit CAGR growth here, said Vidyut Kaul, Head of Personal Health, Philips Growth Region (JAPAC, ISC, META & LATAM). The company is encouraging domestic sourcing not only for the local markets but also for its global markets, he added. "We have committed to India being the key market, and we have been both for personal health products as well as our med tech products. We do a lot of sourcing out of India. So, that continues with the ambition. So, we continue to look at opportunities to scale back," Kaul told PTI. In India, Philips operates in the personal health business, including the beauty and grooming segment, where it has various products like hair dryers, hair straighteners, hair brushes, beard trimmers etc. Its health business also includes oral care -- electric toothbrushes, and mother and child care products. When asked about the growth outlook in India in the short to mid-term, Kaul said: "We are looking at a double-digit CAGR between 10 to 15 per cent". The company expects its men's grooming, mother and child care with Avent and female grooming segments to be its growth drivers. "But, in the next 2 to 3 years horizon, you will see us playing an active part in oral care," Kaul added. India is currently among the top 10 markets of Philips. "With this growth, the idea is, we have the aspiration in the next 5 years to get it into the top 5," he added. In FY24, Philips India's standalone revenue from operations was Rs 6,000.4 crore, up 4.64 per cent year-on-year, according to financial data accessed by business intelligence platform Tofler. Its personal health business contributed Rs 765.8 crore, while the 'Health Systems' vertical generated Rs 2,833.8 crore. Its innovation services contributed Rs 2,271.9 crore. Philips, which is a market leader in the male grooming segment, on Tuesday launched a new line of premium electric shavers in India. According to Kaul, the market is estimated to be around USD 400 million and growing at a healthy double-digit of 10 to 11 per cent year-on-year. "We are the market leaders in different categories. We have between 40 to 65 per cent market share depending on one category and category," he said, adding that "we aim to bring innovation". Philips is manufacturing its grooming products in India at Baddi, Himachal Pradesh. "We have a manufacturing line already. We have got 13 to 14 products, which are made in India," said Kaul. Globally, Philips is the leading brand for electric men's grooming brand and India is already in the top 10 markets for the company. Philips on Tuesday launched premium electric shavers Philips Series 7000, i9000 and Philips i9000 Prestige Ultra, which are designed with AI-powered SkinIQ technology. Its price starts from Rs 14,999 and goes up to 34,999.
Buzz Feed
18-04-2025
- General
- Buzz Feed
25 Target Kitchen Items That Are Made For Parents With No Time On Their Hands
We hope you love our recommendations! Some may have been sent as samples, but all were independently selected by our editors. Just FYI, BuzzFeed and its publishing partners may collect a share of sales and/or other compensation from the links on this page. From the cookin' to the cleanin', we've got you. 1. An apple slicer that makes 16 perfect, thin, snack-size slices every single time. Listen, kids demand a LOT of snacks, so you'll want this secret weapon in your tool belt. Target Promising review:"This slicer works great! I love how smooth it cuts regardless of the shape of the apple. I also love that it has the bottom part to finish, pushing it through at the end. Last, I purposely bought it for the smaller slices, and it did not disappoint. Highly recommend for moms and anyone else who loves apple slices for snacks and meals." — Toddler Mom 2. A 4.5-quart KitchenAid Mixer — a cute and colorful classic because hand mixing takes SO LONG and you are over it. Plus, how adorable will this look on your counter? Target Promising review: " This is a great investment for anyone who loves to cook. We look forward to getting the food mill and pasta maker attachments soon!" — Great Investment 3. A hard-working, multitasking Scrub Mommy sponge that can quickly tackle that dried-out mac 'n' cheese in your favorite pot. It's so efficient both you and the sponge will be smiling at the end. Target 4. A space-saving vertical bottle rack, because dishes already take up enough of your day but this helps dry out the essentials — and quickly. Psst... you can keep using long after you put away the bottles. (It's also great for sippy cups, water bottles... wineglasses.) Target Promising review:"I originally started with using the grass drying rack but had to wash it every day because the water would pool in the tray, and it wasn't very sanitary. This rack has been a lifesaver! I wish I would have started with it. It stands perfectly by itself and holds a good bit! My only complaint is that the top pegs are a little too close to the basket for my Avent bottles to fit very well. Overall, I would highly recommend!" — Reviewer Price: $24.99 5. A Dash egg cooker that will be your absolute favorite thing — no matter what time of day it is. Choose how you want the eggs cooked, set the time, and wait for it to go off. It makes breakfast so easy. Plus, adding hard-boiled eggs to lunchboxes is also a great way to add protein. Target Promising review:"I love this little egg cooker! I used it for hard-boiled eggs, and it cooked the eggs perfectly! The best thing is that they peeled easily! No more tiny pieces of shells that you have to pick off. Easy cleanup, lightweight little machine, and easy to store away." — PB 6. A three-pack of Dr. Brown's bottle cleaners to help get the job done faster than you can say "old milk." Best part? These won't leave any residue or spoiled smell... you know what I'm talking about. It's the worst! Target Promising review:"I love how durable these are! I've been using them for over two years. They do last a good while until you need to replace them. I did so much research on which ones to choose, and these definitely get into every nook and cranny. I love that the bottom can stick onto the sink, and it's removable and easy to clean also. Don't look further; these are definitely the ones you need!" — MamaJ 7. A super durable and leakproof bento box, which will actually help you organize your brain and figure out what you need to put in there. Pssst: If you want to include a sweet treat, M&Ms look pretty cute in the circle compartment. Target Promising review:"I purchased this for my 7-year-old daughter. She had been asking for it after seeing some friends at her school lunch use one. She loves it! She specifically likes that her food stays in its own compartment and doesn't touch. She is a very picky eater, so this is a way to get her to help me get creative and think of ideas for each section. She takes it five days a week to school and has been very happy. No leaks!! Easy to open on her own. Very easy to clean." — mommymo 8. A Dash mini waffle maker that is not only sweet but — more importantly — will get breakfast on the table very, very quickly. Make a few extra and put them in your kiddo's snack bag for later! Target Promising review:"I cannot say enough good things about this little waffle maker. It may be small but it's mighty. It doesn't take up much room, is easy to store/clean, and makes fresh waffles for my family on busy mornings super fast. I just keep some waffle batter in my fridge throughout the week and use a few servings each morning. I never thought I would get as much use out of this as I do." — TeddyOats 9. A Packit freezable lunch bag, so you can load it up with all the goods (sandwiches, berries, cheese sticks, yogurt tubes, etc.) and not worry about being able to find one of those ice packs that always seem to disappear in your freezer. Target Promising review:"My son loves this lunch bag! Best for school lunches. Don't have to worry about ice packs anymore. Going to buy his brother one too." — Scd Price: $20.99 10. A bottle of Dawn Platinum Powerwash spray soap that is really one of those magical products that people use on almost everything. I've even used it to pull a grease stain out of a rug after one of my kids accidentally dropped their dinner. 11. A 6-quart Instant Pot, which is basically like having a sous chef on staff because this 9-in-1 appliance does it all... except put itself in the dishwasher for cleanup (but the lid and inner pot are dishwasher safe)! Target Promising review:"Time and life saver! I get out of work late, so this helps put dinner on the table and in bellies at an appropriate hour. Love it and can't wait to try out all the functions!" — Reviewer 12. An Oxo chopper that will chop, dice, mince, cut, and slice its way into your heart (and kitchen). This time-saver chops vegetables and fruits right into the container, so it keeps things neat and tidy. Did you just whip up a fruit salad? On a weeknight?! Impressive. Target Promising review:"The only thing I regretted about this chopper was not purchasing it sooner! It has saved so much time and effort in chopping vegetables I couldn't be happier." — Jessica 13. A trusty little iRobot Roomba vacuum-and-mop combo to quietly do two of your least favorite chores for you — and it's probably much more effective than having your dog eat any food that your baby threw on the ground. Yes, you really do need to clean under the table. Target Promising review:"The fringe on the rugs is no problem. I was very worried about that. It can get under furniture our vacuum cleaner could never reach. The mop works better than the robot mop I have had for many years." — MCL 14. A set of Souper Cubes so you can save your leftovers, pop them in the freezer, and enjoy them when you need a quick meal later. These are also the MVP of meal prep. (If you have the time to do that!) Target Promising review:"Love these freezing trays. Great for meal prep." — AmosAndy Mom Price: $19.99 15. A stainless-steel, hands-free step trash can that'll really come in handy when your hands are full. Not only gets the job done but is actually surprisingly chic for something that, ya know, holds garbage. Target Promising review:"It looks amazing, very slick and practical! Big but not bulky. I like how there is a plastic bin inside of it, makes it easier to wash if needed." — MarylovesTarget 16. A small-but-mighty Ninja food processor that will quite literally chop your food prep time in half — and can then go right into the dishwasher for easy cleanup. Target Promising review:"I got this tool with low expectations and it has blown me away. I can make dressings that are perfectly blended quickly and it dices onions and garlic in seconds. I don't know how I lived without it. Be careful cleaning it, it's sharp!" — hah 17. A pack of stainless steel wipes because while you absolutely cherish your little's sweet handprints, you'd rather see them on arts and crafts projects than on your appliances. These make cleaning a breeze. Target Promising review:"I've tried a few different stainless steel cleaners, and by far, this one from Weiman is top of the mark! I even use it on my sink when it's wet, and it always dries to a beautiful shine when used on my enamel stove; it is the best for cleaning stainless steel and kitchen appliances! Thank you, Weiman, you're the best!" — Kat Price: $5.99 18. A four-pack sandwich cutter set so you feel like one of those Pinterest-y grown-ups who spends hours making super cute lunches... even though in reality, you threw together a lunch in under five minutes. 19. A pack of Seventh Generation multipurpose cleaning wipes you can use to speedily handle spills and other disasters. I've used these to take marker off our kitchen table... the uses are endless. Target 20. An Oxo mandoline with four interchangeable blades that will make slicing vegetables easy and maybe even a little fun? You'll feel so fancy that you'll start calling recipe prep "mise en place." Target Promising review:"I can't live without it anymore. I sliced an onion in seconds, tomatoes, even pepper, carrots everything. I use to have a chopper but I end up breaking it so I tried this one. I love to have my food ready all the time and it's easy to clean it and has never rusted or broken. I've owned it for 5 months now." — Rain 21. An air fryer, which is totally another one of those "what can't it do?" products. Cook delicious full dinners with it, or reheat leftovers and get those wings and fries extra crispy again. You'll be particularly grateful when your kids are hollering at you! Target Promising review:"Spacious enough to feed my three boys and very easy to use and clean." — phoenix52 22. An oven thermometer to help you get a sense of your oven's actual temperature while you cook and bake. How does this save you time? Well, very often our ovens aren't actually calibrated, so when you *think* the oven is pre-heated, it might actually not be fully there. And then your meal takes even longer to cook than you thought. Or maybe, it's too hot and you accidentally burn it! You get the gist. Target Promising review:"I've used this on my grill and my oven. I primarily use it in my oven now to ensure the temperature is what I want it to be. It has saved me from burning some baked goods. If you're not sure if you oven temperature is accurate, this is a must own. It's cheap but will keep you from burning the food you worked so hard on. It also has a hand hook to the top, so you can hang it on the oven racks." — Kara 23. A salad spinner that isn't just for lettuce (though we love it for that, too). All those berries you're constantly feeding to your kids? Yeah, take those babies for a spin and they'll dry off and last longer! Target Promsing review:"I don't know how I ever washed lettuce (or any other fruits or veggies) before I had this! It makes it so much easier to prep meals." — Dani S Price: $29.99 24. A two-piece grape cutter that will save you time and give you peace of mind as you're frantically putting together lunches and snacks. No judging if you find yourself cutting grapes (and berries, olives, and cherry tomatoes) for yourself later... it's a fun little tool to use. Target Price: $9.99 25. A silicone baking mat, which is a home cook and baker's BFF as they're a dream to work with and super easy to clean. They make sheet pan dinners even easier! And we all LOVE a sheet pan dinner. Target Promising review:"Game changer! Makes cleaning up after cooking so much easier. My sink and dishwasher are small, so washing baking sheets was always a hassle. This solves that problem!" — momo Price: $21.99 Reviews in this post have been edited for length and/or clarity.
Yahoo
10-04-2025
- Business
- Yahoo
Kelly Drive project will include bowling alley, hotel
A new development just off U.S 421 in Sanford will feature a hotel and an entertainment center that will include a bowling alley, according to the developer. The 'Kelly Drive Project' has attracted a national consultant to Sanford for a $10 million family entertainment center, retail shops and a walkable housing development. Developer George Avent said JWH Consulting is to design and develop a 35,000-square-foot entertainment center with 16 bowling lanes and other attractions at the U.S 421 bypass and Kelly Drive, exit 145, east of Sanford. Avent, a Sanford businessman and president of AVENT DSI, Inc., is developing the project, which is slated to be approximately 150,000 square feet of retail shops, restaurants, pods, junior anchors and anchors broken down into five buildings that will be leased to a group of tenants who are food and beverage retailers. According to Avent, the primary attraction is a family entertainment center, an amusement park housed in a 35,000-square foot building with 16 bowling lanes, 40 redemption arcade games, laser tag, bumper cars, miniature golf, axe throwing and a pro-shop along with a casual dining operation. John Holden, president of JWH Consulting of Heath Springs, S.C., who is one of the nation's renowned family entertainment center designers, according to Avent, is the project consultant. Avent said Holden has visited Sanford on multiple occasions and has the feasibility study from the Brunswick Bowling Co. 'The facility is being prepared to open simultaneously with and exchange customers with Sanford's new mega sports complex 5 minutes away at the intersection of Highway 421 bypass and exit 146,' Avent said. Century 21 Triangle Group is handling the leasing and predicts the project's attractions will also include a Marriott Fairfield Hotel, a fuel station with a convenience store, a Tim Hortons breakfast location and one additional food and beverage retailer. Avent quoted the McAdams firm, designers of the mega sports complex, 'to compete for the hosting of regional and national tournaments, a minimum of 2,000 hotel rooms are required to be available.' At present Sanford, has less than 800 hotel rooms. Avent currently has negotiation rights to one additional Kelly Drive property and is planning a walkable housing development, which will include around 100 townhomes in the Kelly Drive residential project. Avent considers this a step closer to his objective of having a total of approximately 150 houses, of which 20% will be affordable homes, within walking distance of his commercial project. The retail portion of the development will kick off once a solid base of residents has moved to Kelly Drive. Avent added that the 'concept of a walkable housing development with an grocery/pharmacy anchor tenant and ... family entertainment and additional food and beverage retailers all within walking distance is evidence of a growing 'live, eat and play' trend that can be duplicated in multiple locations.' Avent added that he chose a family entertainment center over a Topgolf because of the bowling lanes.
Yahoo
02-03-2025
- Business
- Yahoo
T-Shirt World moving from Crystal Mall to Tanger Outlets, tripling store size
Ashon Avent does not need theoretical or academic lessons to teach his business students the struggles, frustrations and joy of launching and growing a small business: He is a living example for them. Over a seven-year span, Avent, 45, of Norwich, who teaches business classes at Eastern Connecticut State University, has endured COVID-19 business disruptions, a major flood, and a dying mall with no working elevator. He still was able to grow his business from micro-entrepreneurial status to a new 4,000-square-foot prominent spot in the Tanger Outlets at Foxwoods Resort Casino. Last week, Avent received the keys to his spacious new space at Suite 460 at Tanger Outlets. He is working with the Greater Norwich Area Chamber of Commerce on a grand opening celebration sometime in March. Avent admitted he felt a bit nervous to join with national brands, long-established businesses and the Foxwoods aura. 'It was intimidating at first,' Avent said. 'It's bigger, and scary a little bit. It felt like home over there. We had some regular people, who would pop in the mall, the mall walkers.' But foot traffic was declining amid store closures and recently a faulty elevator and escalator at the mall. The Crystal Mall filed an eviction lawsuit against Avent and won a judgment in New London Superior Court in January ordering T-Shirt World and two other stores to close for alleged nonpayment of rent. Tanger Outlets also offered the chance for Avent to triple his business space, from 1,000 square feet to 4,000 square feet — 2,000 for his growing retail offerings and 2,000 for expanded manufacturing space for his wholesale printing and signature brand apparel. 'It's exciting because it's Foxwoods. It is new development. The water park is new. Martha Stewart's restaurant is coming,' Avent said, referring to the Great Wolf Lodge indoor water park scheduled to open in May and The Bedford by Martha Stewart restaurant coming in the fall. Along with his retail and wholesale operations, Avent plans to offer space for birthday parties, anniversaries and other gatherings, where participants can make their own T-shirts, selecting shirts or hoodies styles, colors and screen-printing designs. Front display tables will feature a collection of national and local brands and logos, including Carhartt and North Face brands. T-Shirt World's own signature design features the slogan, 'God is Good.' Avent said people like the 'feel-good,' positive message. Lessons in adversity from real life Avent launched his custom screen-printing business from his home in 2017, making sports uniforms for youth teams and logos for small businesses. At the urging of then-Norwich Community Development Corp. President Jason Vincent, Avent opened T-Shirt World, a small shop in the lower level of the Foundry 66 shared workspace complex as a micro-entrepreneur in 2019. Disaster struck in September 2021, when torrential rains filled his shop with 4 feet of water. Boxes of newly arrived T-shirts and polo shirts sat submerged and soaked. Heavy screen printing machinery floated, and computers were ruined. Avent bounced back and opened in the Crystal Mall in Waterford knowing that the mall was in decline. He partnered with fellow mall store owners to sponsor small business Saturdays and attracted food trucks for mini festivals to boost foot traffic. Despite the declining foot traffic at the mall and loss of major anchor stores, T-Shirt World continued to grow and needed more space. Eric Meyer, owner of Ice Imports, which sells gems, knives, novelty figures and jewelry, which recently moved from Crystal Mall to Tanger, urged Avent to follow suit. Meyer said his transition was smooth; the move took less than a month. Meyer also opened a shop at Old Mystic Village and now is working on a new location in Pennsylvania near Doylestown. Meyer, of Gales Ferry, whose shop at Suite 570 in Tanger is near to the new T-Shirt World, said he advised Avent to pay attention to the foot traffic at Tanger, play the type of music they would like and stock items that will appeal to them. Like Avent, Meyer started small with a booth at the Jewett City Flea Market for two years before moving to the Crystal Mall in 2005. 'He's a great guy,' Meyer said of Avent. 'I've known him since he came to the (Crystal) mall. I had him make some T-shirts for the store, and for some businesspeople. We're kind of rare. We have a ton in common, and we hit it off. It's great to interact with real people.' Avent started moving in last week in this week, enlisting his ECSU business interns to set up displays, design the space to exhibit products. 'I want to bring the real world into the classroom,' Avent said. T-Shirt World has evolved over its brief history Avent estimated that when he was in downtown Norwich, his business was 90% wholesale orders for sports teams and businesses. He stocked a few designs to sell to customers, but there was very little foot traffic on his corner of Franklin and Bath streets. At the time of his move to Tanger, he estimated retail and wholesale are split evenly at 50% each. And he noted the buzz in the hallways at Tanger on a weekday afternoon last week, excited at the potential to attract new customers to his store. He plans to start with four employees, double from the Crystal Mall spot and hopes to grow as he settles in at Tanger. He received a $10,000 grant in November from the Southeastern Connecticut Enterprise Region to invest in technology for his manufacturing operation and website. Through all his business activities, Avent has maintained a busy personal life. Along with teaching at ECSU, his alma mater for his undergraduate degree in marketing, Avent is working on his doctorate in business at Southern Connecticut State University. He lives in Norwich and is active in local business events and serves on the Board of Public Utilities Commissioners. He has five children, ranging in age from 6 to 29 and two grandchildren. Norwich Mayor Peter Nystrom said he has watched Avent grow his business over the years and was pleased that he remained in Norwich and is active in the community. 'He is dedicated,' Nystrom said. 'He has done well, and he contributes to the community.'
