It is Pinocchio's first Christma and he sells a book Geppetto gave him for present money. Unfortunately, Cat and Fox trick him out of it and he ends up joining a holiday marionette show to make up for the money he lost. When he finally leaves, Pinocchio steals a girl puppet, resulting in him being chased into the Forest of Enchantment. There, he meets Azora, a fairy with a cricket who try to get Pinocchio back on the right track. But then he is sold to a Duke, whom Pinocchio convinces to spend more quality time with his children. It turns out that only Santa's reindeer can get Pinocchio back home in time for Christmas.