Highlight & SuccessThe Metropolitan Museum of Art (The Met), has a comprehensive IP licensing business in China. Alfilo Brands is the exclusive licensee and and retailer of the Met in Chinese region.
The licensing field covers brands, marketing licensing, direct retailer, offline experience activities licensing and retailing, etc. In 2019, more than 50 SKUs of licensed brand were released, ranging from electronics, home appliances, fashion, cosmetics, FMCG, home ware, etc.
The Met's overall retail sales of licensed merchandise in 2019 have exceeded 6 million yuan. Sales channels include the online and offline retail channels of various licensed brands and the Met's flagship store on Tmall and JD.com. Promotional channels include official social media,TikTok, WeChat, Tmall platform, licensed partners' social media and KOL. The IP exposure of whole year has exceeded one billion times.