“You can’t stay in your corner of the Forest waiting for others to come to you. You have to go to them sometimes,” said Winnie the Pooh.
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| Winnie the Pooh: “All this gold makes me crave for … honey.“ Exhibition at Yitian Holiday Plaza, Windows of the World, Shenzhen Photo Danny Friedmann |
Now Winnie is talking the talk and walking the walk, since Disney joined forces with Hong Kong jewelry chain store Chow Tai Fook Jewellery Group Ltd., that just was listed to the Hang Seng Stock Exchange (and as of today is part of the Hong Kong Global Composite Index and Hong Kong Composite Index, see here).
Chow Tai Fook raised 2 billion U.S. dollars in its Initial Public Offering to get enough funds to realise its plan to expand its points of sale in China, Hong Kong and Macau to 2,000 stores by 2016. Now, Chow Tai Fook has around 1,500 stores, mostly in China. In Macau it has about 80 stores. Chow Tai Fook also has stores in Taiwan, Singapore and Malaysia.
Chow Tai Fook was awarded Disney’s product licence, see here, to take advantage from the recognition of Disney’s iconic bear (which, according to girls and even grown up women has a high “cuteness” factor) and combine it with the jewelry retail expertise of Chow Tai Fook in China, Hong Kong and Macau.
Do you consider to engage in co-branding and you want to know more information about the legal implications, contact ipdragon at gmail.