Indiantelevision.com's Kidology
 
 
Disney launches 'Disney Artist' store in India
 
Indiantelevision.com Team
(17 March 2007 8:00 pm)
 

MUMBAI: Disney in collaboration with Devyani International Ltd (DIL), a subsidiary of RJ Corp, has unveiled its first merchandise store 'Disney Artist' in Delhi today.

Following RJ Corp's exclusive master franchisee agreement with Disney Consumer Products (DCP) inked in October 2006 and has currently pumped in Rs 1.5 billion to set up 300 branded outlets within the time frame of five years.

In 2007 alone, Disney is looking to set up 22 'Disney Artist' stores but as part of its expansion the company plans to extend its reach across Tier II cities including Ludhiana, Jalandhar and Amritsar. The product range offered will be priced between Rs 25 to Rs 900 and will be targeted at kids in 3 - 10 age bracket. Initially, the products will be imported but after the first 100 outlets are set up, DIL will manufacture units in India.

Among other big multinational retail players like Wal Mart eyeing the Indian retail scenario, which is estimated at about US$200 billion, Disney is also looking cut a slice of the pie. However, due to the high incidence of unorganized players in the market company-owned outlets account for only a mere US$8 billion.

As reported earlier, under the 'Disney Artist' brand in India, RJ Corp will sell a vast range of Disney character-led social-expression products, stationery products, including writing and activity products, desktop and computing stationery aimed at the burgeoning kids and youth category in the country.

Within this year, new stationery programs supporting Cars, Pirates of the Caribbean, That's So Raven, Disney Fairies and Disney Cuties will launch in time for the back to school season.

The Disney Store, which debuted in 1987, also falls under DCP, through stores currently owned and operated by unaffiliated third parties under licensing agreements in North America and Japan, and wholly owned stores in Europe.

 
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