The Pink Panther decides to become a matador and to this purpose confiscates a magicians cape. The panther enters a bullfight ring with the magical cape, and the bull is thwarted not by the panthers bullfighting prowess but by the capes trickery, in that it deposits flowers onto the bulls horns and produces a foul-tempered, kicking rabbit that angers the bull into running through the cape and being split into two halves.