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Chinese toy giant Pop Mart is expecting its profits to increase by over 350 per cent in the first half of this year, driven by the remarkable global craze for its Labubu dolls, the company announced.
Pop Mart has maintained its sales leadership in China’s pop toy market over the past few years, thanks to the successful commercialization of toy products based on intellectual properties, or ...
Shares in Pop Mart International tumbled over 6% on Wednesday, a day after the toymaker issued a bullish first-half earnings forecast. Stream NBC 5 for free, 24/7, wherever you are. The Beijing ...
Shares in Pop Mart International tumbled over 6% on Wednesday, a day after the toymaker issued a bullish first-half earnings forecast. The Beijing-headquartered company is behind the global craze ...
Despite the latest pullback, many are holding on to their bullish calls for Pop Mart to remain one of the hottest consumer brands in China this year.
Pop Mart's partnerships with major names such as Coca-Cola and the manga franchise One Piece has also boosted Labubu's profile around the world. In June, Lababu sales in the US were up by 5,000% ...
Labubu craze to spur 350% surge in profit, China’s Pop Mart says Chinese toymaker Pop Mart International Group Ltd. expects the soaring global popularity of its Labubu plush toys to drive a threefold ...
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