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Disney Licensing consists of Disney Toys, Disney Softlines (apparel
and accessories) and Disney Hardlines (packaged goods, stationery,
home furnishings and consumer electronics).
Disney
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In
less than one year, Disney juices and juice drinks – developed
with the Minute Maid division of The Coca-Cola Company and launched
in North America, Latin America and Japan – were on track
to achieve global wholesale sales of $400 million. To put that in
perspective, less than 1 percent of new brand launches achieve global
wholesale sales of $100 million within the first year, according
to industry experts.
In February 2002, Kellogg and Disney introduced three new cereals
in North America – Mickey’s Magix™, Buzz
Blast™ and Hunny B’s™ – garnering
an impressive share of the highly competitive cereal market. In
the United Kingdom, Mexico and Australia, new cereal and breakfast
bars were met with high retailer demand leading to strong sales.
In 2002, Disney Consumer Products (DCP) entered the consumer electronics
arena with innovative products combining a unique Disney design
language and state-of-the-art technology. The first products, introduced
in North America, the United Kingdom and Mexico last fall, were
two-way radios and 2.4 GHz cordless telephones manufactured and
distributed by Motorola, Inc.

In 2002, Disney remained the largest-single licensing brand in the
toy business, aided by the strong retail performance of infant and
preschool toys from Fisher Price, significant expansion of Disney
Princess toys and the strong retail performance of the Power Rangers
Wild Force collection from Bandai.
Toys inspired by Walt Disney Pictures’ Lilo & Stitch
also saw tremendous success, with the Aloha Stitch interactive
plush products selling briskly prior to the movie’s release.
Toys based on Monsters, Inc., boosted by last year’s
release of the title on VHS and DVD, also continued to perform well
at retail.

As part of DCP’s concerted move toward direct-to-retail licensing
agreements, Disney now has relationships with significant retailers
globally, including Kmart and J.C. Penney throughout North America
and Wal-Mart in Canada. In February 2002, Disney and Kmart launched
an exclusive line of non-character clothing – a first for
Disney – that has enjoyed exceptional sell-through.
In Europe, Disney’s direct-to-retail agreement with Carrefour,
the largest retailer in Europe and the second-largest worldwide,
resulted in the launch of an exclusive line of children’s
clothing and accessories at Carrefour stores in 30 countries. Agreements
with major retailers H&M, C&A and Tesco also resulted in
placement of exclusive Disney product lines in key European markets.
Because everything old was new again in 2002, Mickey Mouse debuted
on a retro T-shirt inspired by fashions from the 1970s. The tee
appealed to tweens, teens and adults, making a splash in fashion
magazines, on television and with celebrities.
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