Labubu-maker POP MART on a roll with 400% profit
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Are you tired of your Lafufu and want the real Labubu? You might be able to get one at the Pop Mart coming to Natick Mall.
In a financial report released Aug. 19, Pop Mart said it has seen a net profit of 396% and a 204% jump in revenues due to Labubus.
If you're on the hunt for a Labubu doll for your child, be on the lookout for fakes - they come with an urgent warning!
Revenue outside mainland China jumped to US$778 million in the first six months, making up about 40 per cent of total sales.
The following blind boxes will be available for purchase Tuesday night, Aug. 19: Have a Seat Vinyl Plush Blind Box − Single boxes and whole sets will be available to order during launch. Exciting Macaron Vinyl Face Blind Box (pre-order) − Single boxes and whole sets will be available to order during launch. The estimated shipping date is Sept. 29.
Labubu, the quirky, wide-eyed monster collectibles from Pop Mart have taken over toy shelves, TikTok feeds and keychains.