I once made an "alma mater" quilt for a friend. I made it in the colors of her college and went to an embroiderer to have a panel embroidered with the college's mascot. Found out that in order to have it embroidered, I'd have to pay a licensing fee to the school. I believe Disney is pretty strict with their licensing agreements. So, unless you have a friend with an embroidery machine who can do it for you behind closed doors, you might have better luck with applique. Hunt down some Peter Pan coloring books/pages and use them as a pattern.