Sarah ChenGeneral
Pop Mart Overseas Revenue Falls 11% as Labubu Toy Craze Cools
Group revenue rose 23.8 per cent to RMB17.17 billion in the first half, supported by double-digit sales growth across mainland China.
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Minjun ParkGeneral
Pop Mart First-Half Revenue Rises 23.8% to RMB 17.17 Billion
Plush merchandise sales jumped 60 per cent to RMB 9.82 billion as the Chinese toy maker reduced its revenue reliance on the flagship Labubu character.
Minjun ParkGeneral
Boost for UK Economy as Labubu Creator Pop Mart Establishes London HQ and Unveils Major Store Expansion
Pop Mart, renowned for creating the popular Labubu doll, has revealed London as the location for its new regional headquarters. In addition, it has plans to launch seven more stores across the UK. This decision is viewed as a significant investment for the…