February 17, 2009, New York, NY., and Hong Kong., — The Beanstalk Group, the world’s leading brand licensing agency and consultancy, today announced the opening of an office in Hong Kong to extend its impressive client roster of corporate brands into the Asian marketplace, beginning with clients such as Ford, Jaguar, Land Rover, Samsonite and Vespa, among others. Beanstalk Hong Kong will be under the direction of Josephine Law, an expert in licensing throughout Asia. Beanstalk is a part of Omnicom Group Inc.’s Diversified Agency Services (NYSE: OMC).
“Since its inception, Beanstalk has organically grown at pace with our clients’ needs, continually providing them with the necessary resources, expertise, innovation and global reach required to execute groundbreaking licensing programs. Today, with nearly three decades of experience in licensing and brand development throughout the world, we are uniquely prepared to enter the Asian marketplace on behalf of some of our most successful client brands,” said Michael Stone, President and CEO of The Beanstalk Group. “We look forward to servicing our clients in this emerging and exciting retail landscape and assisting them in growing their brand reach and appeal with entirely new audiences.”