Pop Mart, il brand oltre i giochi - ItaliaOggi.it

Labubu maker Pop Mart shares fall as key ex-China sales data drop, Citi cuts price target

Pop Mart posted 23.8% revenue growth in H1, but ex-China Asia-Pacific declined 9.7% and Americas fell 16.5%, with all gains from China alone (+47.3%). Citi cut price target to HK$198 and forecasts 2026 revenue decline of 8%, as supply-chain challenges and overseas contraction make the company's 20% growth target unachievable.