Macro Finance
Pop Mart Third-Quarter Sales Fall Up to 50% as Labubu Fad Cools
Bloomberg Markets·October 27, 2026·1 min read
Pop Mart International Group Ltd. reported a third-quarter sales decline of up to 50% from a year earlier, driven by fading Labubu momentum and a tough comparison base after last year's blockbuster results. The drop signals a cooling of the toy fad that had fueled rapid growth.
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