This ad will be closed automatically in X seconds.

Disney restructures its business in India

Company to focus on core strengths in the region, including its consumer products business.

Disney has restructured its business in India, putting more focus into its core strengths, including films and its consumer products business.

According to Forbes, the company is aligning the business in India to its international organisational set up and looking to build a leaner structure by shutting down loss making units.

India’s character licensing market is pegged at around $600 million and growing at a pace of 15% to 18% annually – and Forbes sees huge potential for Disney.

Disney’s consumer products business, which has been running in India for 11 years, has enjoyed significant growth over the last couple of years.

More than 60 million Disney products and one million Disney books are sold in the region annually and the company is likely to see significant growth in future. The company is exploring innovative product lines in the country, which is likely to give a boost to this segment.

According to Forbes’ estimates, the Consumer Products and Interactive Media segment accounts for nearly 15% of Disney’s valuation, and it expects revenues of this segment to reach nearly $6.5 billion by the end of its forecast period.

Want to read more news like this? Simply sign up to our daily digest by clicking here. You can also follow @LicensingSource on Twitter.

MORE NEWS
B&LLAstrophylineup500x500
 
A host of retail names including Boots, DFS, Dunelm, FatFace, Homebase, Iceland, Matalan, Next, Primark, Sainsbury's, Tesco and TJ Morris will be among those celebrating the achievements of the brand and lifestyle sectors over the past 12 months on Thursday 25 April....
JamesWalkermarathon500x500
 
James Walker, ceo at Character World Brands, is no doubt feeling tired but proud today after having completed the London Marathon yesterday (21 April), running to raise funds for Alzheimer’s Research UK....
CKMIffy500x500
 
Available exclusively at Next in the UK, in Cath Kidston stores in Thailand, Hong Kong and Taiwan and on Next online globally, the limited edition range includes a collection of bags and accessories for women and kids, women’s pyjamas and children’s dresses....
HasbroPlaymates500x500
 
Playmates will be debuting its first Power Rangers collection with a kid-targeted Mighty Morphin Power Rangers toy line in 2025....
PlanetPlayGreen500x500
 
A number of leading games studios are marking Earth Day (22 April) by joining disruptive NPO PlanetPlay’s new Make Green Tuesday Moves (MGTM) initiative, which will enable both industry and players to make an important real-world impact in the fight against climate change....
LAfashion500x500
 
The new collection has been produced in partnership with Laura Ashley and Next and was facilitated by IMG, which acts as its licensing representative for fashion in the UK, Europe, Australia, New Zealand and Asia....
Get the latest news sent to your inbox
Subscribe to our daily newsletter

The list doesn't exist! Make sure you have imported the list on the 'Manage List Forms' page.