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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Pop Mart
Every story tagged Pop Mart on RetailNews Asia: reporting, analysis and market signals from across Asian retail and e-commerce.
Stories tagged Pop Mart
13 stories in this topic
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.
Rajiv MenonGeneral
Pop Mart Unleashes Exciting Expansion: Beijing’s Pop Land Theme Park Reveals New Attractions and Diversification Strategy
Pop Mart, a Hong Kong-based firm known for their popular ‘blind box’ collectible toys, including the iconic Labubu, has recently updated and broadened its range at its Beijing-based theme park, Pop Land. A Revamped Experience After a year of significant…
Maria SantosGeneral
Pop Culture Meets Travel Retail: Pop Mart Unveils First Middle Eastern Store at Qatar’s Hamad International Airport
Qatar Duty Free has embarked on a collaboration with Chinese collectibles company Pop Mart to unveil the brand’s first Middle Eastern store. This partnership marks a novel blend of travel retail and pop culture experiences. Unveiling Pop Culture at Hamad…
Minjun ParkGeneral
Books-a-million Partners With Pop Mart: Iconic Characters Set To Invade Stores Nationwide
Books-A-Million, a prominent US bookstore retailer, is set to collaborate with Pop Mart to make their beloved characters accessible to fans nationwide. The partnership is scheduled to commence in September. It will be launched throughout all retail locations…
Minjun ParkGeneral
Pop Mart Unveils Landmark Store in Bangkok, Expanding Its Retail Footprint!
Pop Mart International Group, a prominent Chinese toy manufacturer known for its “blind box” collectibles, has officially opened its largest store in the world right here in Bangkok. This grand opening marks a significant milestone in the company’s ambitious…
Wei ZhangFinance
Morgan Stanley Sees Potential in Pop Mart’s Labubu Amid Recent Stock Decline
Morgan Stanley maintains a bullish outlook on Pop Mart International Group, even as the company experiences a 10% dip in its stock price. The U.S. investment bank sees this slump as a potential buying opportunity, driven by Pop Mart’s robust growth trajectory…
Rajiv MenonGeneral
Pop Mart Takes Legal Action Against 7-Eleven in the U.S. Over Alleged Fake Labubu Dolls
Pop Mart International, a prominent Chinese toy manufacturer, has taken legal action against several 7-Eleven store operators in the United States, alleging the sale of counterfeit Labubu plush toys and infringement of its trademarks. Allegations of…
Rajiv MenonGeneral
Pop Mart Anticipates a Whopping 350% Surge in Profits Thanks to Labubu Plush Toy Success!
Pop Mart International Group, the acclaimed Chinese toymaker renowned for its whimsical Labubu plush characters, is poised to report an astounding 350% surge in profits during the first half of the year. This dramatic uptick is underscored by a projected…
Aiko TanakaGeneral
POP MART Connects with Southeast Asia’s Toy Collectors Through Lazada
Southeast Asia’s blind box obsession is now mainstream, and POP MART is at the heart of it, fuelling demand with exclusive IPs, sought-after collectibles and even real-life fan events. The global designer toy brand, best known for turning characters like…
Maria SantosGeneral
Pop Mart launches jewellery concept store
Pop Mart, the renowned creator of the globally popular “blind box” toys featuring the unique and charming Labubu character, unveiled its debut jewellery store in Shanghai last Friday. The new concept store, known as Popop, offers a variety of accessories…
Aiko TanakaGeneral
Pop Mart opens its first Taiwan store
Chinese collectible toy retailer Pop Mart has launched its first brick-and-mortar store in Taiwan, as part of its international growth strategy. Pop Mart’s exclusive products are available at the store, which is located on the first floor of Shin Kong…
Wei ZhangGeneral
Chinese mystery box retailer Pop Mart rakes in millions from millennials
Taking pride of place in 28-year-old Beijing lawyer Wu Ge’s bedroom are dozens of small figurines displayed on clear plastic shelves with designs ranging from cherubic dolls to characters from Japan’s Pokemon series. Wu estimates that she has spent over 5,000…