Labubu craze cools: Pop Mart’s Americas sales fell up to 75%

Pop Marts revenue in the Americas fell 70% to 75% from July through September. Our math: thats still more than three times what the region brought in two summers ago. Labubus cooldown now has numbers attached. Pop Mart, the Chinese company behind the toothy plush monster, said revenue fell 45% to 50% from July through September compared with a year earlier. In the Americas, the region that...

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