South China Morning Post – EconomíaMarkets
Pop Mart reports 45 to 50% revenue decline as Labubu sales weaken across major markets
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…