Chinese Brand CHiQ Signs Deal to be Borussia Dortmund's Global Sponsor
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The tie-up paves the way for the promotion of the full array of CHiQ's offerings, including TV sets, refrigerators, freezers, monitor and portable air conditioners. The partnership will allow CHiQ to provide the optimal at-home game watching experience to the fans of the German football team by virtue of the disruptive technologies that the firm has integrated into its home appliances, especially TVs.
"We are very excited by the prospects for the new partnership with BVB, one of the world's most successful football teams, and one that is focused on the cultivation of talented young people," said Wu Jianbo, general manager of the International Brand Operations Center at Changhong. "This focus is in line with CHiQ's newly released value proposition '+More'."
"We are thrilled to welcome CHiQ into our big family for the third consecutive year," stated Hanns Sieger, International Partnership Manager at Borussia Dortmund. "The in-depth partnership is expected to open up new possibilities for both parties."
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CHiQ was established as a brand in 2014 by Changhong, a well-known Chinese consumer goods supplier. Founded in 1958, the 63-year-old Changhong has evolved into an integrated multinational group specializing in the R&D and manufacturing of consumer electronics and related key components. Notably, Changhong's brand value grew to US$27 billion in 2021.
With an ongoing commitment to creating human-oriented interconnected home systems, CHiQ has built a presence in 11 European countries since its entry into the European market in 2017. The brand plans to continuously expand its business in the region with a focus on Italy, Portugal and the United Kingdom. CHiQ fully expects the tie-up with BVB to vastly raise the visibility of the brand throughout Europe.
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