17th Feb 2011 07:20
For Immediate Release | 17 February 2011 |
DQ Entertainment International ("DQE")
DQE signs French apparel licensing deal
DQE, the global entertainment production and distribution company, today announces it has signed a licensing agreement with TV Mania Gmbh through DQE's merchandising agents in France, TF1 Enterprises.
Under the terms of the agreement, TV Mania will have the right to manufacture and distribute Jungle Book apparels and accessories for babies, kids and teenagers over a two year period. DQE will receive a royalty on sales generated from this agreement in addition to a minimum guaranteed amount.
Products to be manufactured include t-shirts, jackets, swimwear, shirts, socks, and a host of other garments. TV Mania has the rights for retailing in France & Benelux.
Tapaas Chakravarti Chairman & CEO of DQE Group commented:
"TV Mania is one of the strongest players for apparel merchandise in Europe. The Jungle Book has started to air successfully in various territories such as France, UK and Australia and with a steadily increasing fan base, this collaboration is going to be strategically very important for us as we seek to further monetise this classical property."
We are delighted to associate with TV Mania and hope to continue to work together on various other properties as well."
Monika Albers - Licensing Manager Europe TV Mania GmbH added:
"TV Mania is delighted to work on such a classic property and with the innovative twist of DQ Entertainment it will for sure be a success!"
For further information:
DQ Entertainment International Sumedha Saraogi
P R Vishnu
| Tel: +91 40 2355 3726/27
|
Seymour Pierce Ltd (Nominated Adviser and Broker) Nandita Sahgal / David Foreman (Corporate Finance) Leti McManus (Corporate Broking)
| Tel: +44 (0)207 107 8000 |
Buchanan Communications (Financial Public Relations Advisers) Mark Edwards / Jeremy Garcia | Tel: +44 (0)20 7466 5000 |
About TV Mania
TV Mania is a leading European manufacturer and distributor of branded and licensed merchandise, including apparel for children, teens and adults, homeware, accessories and swimwear. The company is a supplier to many of Europe's leading chain stores, department stores, mail order houses and hyper markets, and boasts more than 7,500 retail spaces in some of the major stores in Europe. They represent many popular properties & brands like Hello Kitty, Disney Classic - Mickey, Winnie The Pooh, Le Petit Prince, Monsters vs Aliens, Indiana Jones, Disney Cars, SpongeBob, Bob the Builder, WWE, Spider-Sense Spider-Man,Ben10 Alien Force, Gormiti, Pokémon, Star Wars, Barbie, The Princess and The Frog, Disney Classic - Minnie, Strawberry Shortcake, Hannah Montana, High School Musical, Ghost Busters, Coca Cola, Pink Panther, Lee Cooper among various others.
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