Pop Mart, known for its 'blind box' toys featuring characters like Labubu, opened its first jewelry store in Shanghai. Despite a sluggish Chinese economy, the company's playful products remain popular ...

While Pop Mart should benefit from operating leverage as most store-related costs are fixed, we model a stable long-term marketing expense ratio of 26.5% as the firm continues its global expansion ...

INVESTOR interest is shifting toward emerging consumer trends, such as trendy IP-driven toys, the booming pet economy, and a ...

CGSI analysts noted that Pop Mart’s management said it will focus on expanding to the US and Europe markets, versus South-east Asia in 2024. It plans to open 100 new stores in overseas markets. It ...

[SHANGHAI] “Blind box” toymaker Pop Mart, which has seen frenzied sales worldwide for products related to its ugly-cute Labubu character, opened its first jewellery store in Shanghai on Friday (Jun 13 ...

The report reveals how Pop Mart, a pioneer in the pop toy industry, has leveraged emotional consumption and IP innovation to achieve record-breaking growth and global expansion in 2024 and 2025 ...

Pop Mart International Group Ltd expects annual revenue to reach 20 billion yuan ($2.75 billion) in 2025, reflecting a 50 percent year-on-year rise, and anticipates growth in overseas markets to ...

Investors cheered Hong Kong-listed toymaker Pop Mart International Group’s moves to revamp its management and accelerate overseas expansion, even as US tariffs and geopolitical tensions cloud ...

MANILA, Philippines — Beijing-based designer toy brand powerhouse Pop Mart International Group is looking to expand its footprint in the Philippines, the Department of Trade and Industry (DTI) ...

Founded in 2010, the company moved into the U.S. market in 2022 with a pop-up in LA that was swiftly followed by a permanent store at the American Dream mall in New Jersey. In 2024, the company opened ...

This expansion, DTI noted, seeks to build on Pop Mart’s performance in 2024 when the company reported a 106.9 percent increase in revenue (13 billion yuan) and a 185.9 percent surge in net ...