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McDonald's to sell clothes, toys

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from CNN.com

 

CHICAGO (Reuters) - In a bid to expand beyond fast food, McDonald's Corp. said Thursday that it will license its brand around the world in a range of children's products, including clothes, toys, interactive videos and books.

 

The licensing plan, dubbed "McKids," had been hinted at for months by McDonald's top marketing executives, who had said they were seeking new ways to capitalize on the largest fast-food company's brand, which is among the best-recognized around the world.

 

The plan includes licensing agreements with companies such as Creative Designs, Hasbro Inc. (HAS: down $0.16 to $22.23, Research, Estimates) and Mattel Inc. (MAT: unchanged at $19.86, Research, Estimates), among others, McDonald's said.

 

McKids licensing comes on the heels of McDonald's launch in September of its first-ever global advertising campaign, "I'm Lovin' It." The campaign is the company's first to tie worldwide television advertising to a unified theme.

 

"The business potential for McKids is tremendous," Larry Light, the company's global chief marketing officer, said in a prepared statement. "It will unify all our retail licensed products under one brand, with one brand look and one brand vision."

 

McKids will be introduced in the spring of 2004 in the United States, Canada, Mexico, Japan, China, Australia, Korea and Taiwan, with additional countries to follow, the Oak Brook, Ill., company said.

 

In recent months, McDonald's has seen its U.S. business turn around, with sales posting improvement for seven straight months. Shares of McDonald's (MCD: down $0.10 to $26.14, Research, Estimates) were little changed Thursday morning on the New York Stock Exchange.

 

 

 

(They must have come up with this idea when they made all that extra money off their delicious McCheesesteak <shudders>)

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Guest FrigidSoul

Every kid's fantasy come true, having an Army of Evil Fry Guy action figures taking on their GI Joes!

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Guest El Satanico
Every kid's fantasy come true, having an Army of Evil Fry Guy action figures taking on their GI Joes!

Shit I had that war going on in '87...but with mcnugget figures...

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Every kid's fantasy come true, having an Army of Evil Fry Guy action figures taking on their GI Joes!

Shit I had that war going on in '87...but with mcnugget figures...

LMAO...the mcnugget toys rocked.

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