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27.10.26 - 12:06
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Pop Mart reports 45 to 50% revenue decline as Labubu sales weaken across major markets (SCMP)
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Pop Mart, the Chinese toymaker famous for Labubu collectible dolls, reported a 45 to 50 per cent year-on-year decline in third-quarter revenue, as sales weakened across its major markets, with overseas operations and online channels bearing the brunt of the slowdown.
Revenue in mainland China fell 25 to 30 per cent in the third quarter from a year earlier, while revenue in Asia-Pacific markets outside mainland China and Oceania dropped 65 to 70 per cent, according to a business update filed to......
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27.10.26 - 09:45
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POP MART 3Q Overall Revenue Falls 45%-50% YoY (AAStocks)
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POP MART (09992.HK) announced that overall revenue for the third quarter declined 45%-50% YoY. Among them, revenue in China fell 25%-30% YoY, Asia Pacific declined 65%-70% YoY, the Americas dropped 70%-75% YoY, while Europe and other regions decreased 50%-55% YoY.Regarding revenue from various channels in China during the third ......
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08.09.26 - 01:06
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Labubu meets LVMH: Pop Mart to open flagship store in Paris amid cooling overseas sales (SCMP)
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Chinese collectible toymaker Pop Mart International is pushing forward with global retail expansion amid slowing overseas sales and will open its first European flagship store in Paris' Boulevard Haussmann, the same street as iconic department stores Galeries Lafayette and Printemps, according to the company.
Last week, Pop Mart founder and CEO Wang Ning travelled to Paris ahead of the brand's coming store opening. While in Paris, Wang met Bernard Arnault, chairman and CEO of LVMH, gifting him a......
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24.08.26 - 17:30
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POP MART Grants 137,510 Award Shares (AAStocks)
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POP MART (09992.HK) announced that on 24 Aug, it granted 137,510 award shares to 18 group employees under the post-IPO share award scheme. The closing price of the shares on the grant date was HKD155. (de/d)~AASTOCKS Financial NewsWebsite: www.aastocks.comThis article was automatically translated by AI, the Chinese version shoul......
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