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Chinese toymaker Pop Mart shares slide despite strong earnings forecast
Chinese toymaker Pop Mart shares slide despite strong earnings forecast

CNBC

time16-07-2025

  • Business
  • CNBC

Chinese toymaker Pop Mart shares slide despite strong earnings forecast

Shares in Pop Mart International tumbled over 6% on Wednesday after the toymaker issued a bullish first-half earnings forecast. The Beijing-headquartered company is behind the global craze around Labubu, a toothy, pointy-eared monster-like character. The toymaker sells its dolls in a blind box to buyers who don't know what character is inside until they open it, with prices ranging from about 59 yuan to 5,999 yuan. In a filing to the Hong Kong stock exchange on Tuesday, Pop Mart said it expects at least a 350% increase in profit and at least a 200% increase in revenue for the first six months of 2025 from the same period last year. The negative stock reaction may be a reflection of investors' conservative outlook on Pop Mart's sales growth, Jeff Zhang, an equity analyst at Morningstar, told CNBC on Wednesday. "Despite stellar earnings growth in H1, it may have peaked and will likely see slowdown starting in H2," he added, saying it may have prompted many investors to take profits. Zhang maintained his view that Pop Mart's shares have been "overvalued," as the high level of uncertainty over the popularity of its major intellectual properties was not fully priced in. In the filing Tuesday, the company attributed its robust profit forecast to the greater global recognition of its brand and intellectual properties — referring to signature toy characters such as Labubu, Molly and Crybaby — and diversified product portfolios, as well as a growing portion of overseas sales. It also benefited from a substantial increase in profits driven by the economies of scale, cost optimization and tighter expense controls, the company said. Buoyed by the runaway success of Labubu figurines, Pop Mart's Hong Kong-listed shares have been on tear this year. Despite the latest tumble Wednesday, its share prices have nearly tripled year to date, trading at 247 Hong Kong dollars ($31.5) at 11:43 p.m. ET. The stock suffered a brief setback last month after an editorial from Chinese state media took aim at businesses enticing young children to spend excessively on "blind cards" and "mystery boxes," a model central to Pop Mart's appeal. Investors have largely shrugged off fears of a regulatory crackdown on Pop Mart, which counts Gen Zers and millennials, rather than young children, as main consumer demographic. But despite the latest pullback in share prices, many investment banks held on to their bullish calls for Pop Mart to remain one of the hottest consumer brands in China this year. In the first quarter of this year, the toymaker's revenue rose 170% from a year earlier, buoyed by a nearly 480% surge in overseas markets and about 100% revenue growth at home. The latest profit forecast was "slightly above the capital market's already-high expectation," analysts at Nomura Bank said in a note Tuesday, underscoring the "continued acceleration of sales growth." The investment bank lifted its target price for Pop Mart to 330 Hong Kong dollars from 291 Hong Kong dollars, keeping the stock as its "preferred pick in the China consumer space." Pop Mart's soaring popularity has been a stark contrast to the broader economic downturn in China which has led consumers to become more frugal and scale back on spending. A human-sized Labubu was sold for $150,000 at an auction in Beijing last month. "When optimism about long-term financial prospects fades, people shift from investing in the future, [buying] homes, cars, to seeking momentary emotional rewards," said Ivy Yang, founder of Wavelet Strategy, New York-based consultancy. "Each collector [is] projecting their own mood or story onto the toy. This is why Pop Mart differs from Sanrio or Miniso," Yang added, referring to the Japanese toymaker behind Hello Kitty and a Chinese retailer for consumer goods such as cosmetics, stationery and toys featuring IP design.

BTS' V goofily dodges saying he ‘missed ARMY' during live, playlist with Justin Bieber and SZA songs has fans praising ‘good taste'
BTS' V goofily dodges saying he ‘missed ARMY' during live, playlist with Justin Bieber and SZA songs has fans praising ‘good taste'

Pink Villa

time14-07-2025

  • Entertainment
  • Pink Villa

BTS' V goofily dodges saying he ‘missed ARMY' during live, playlist with Justin Bieber and SZA songs has fans praising ‘good taste'

July 14 turned into a back-to-back celebration for BTS fans. Jimin and Jungkook kicked off the day with a surprise Weverse live from Los Angeles. Moments later, V (Kim Taehyung) popped up with his own short but sweet livestream. While Jimin and Jungkook brought chaos and candid chatter, V gave fans his signature charm in a solo moment that had ARMYs swooning. V logs on with just 3% battery V 's live was unexpectedly brief, and for a reason: his phone was on the verge of dying. He mentioned with a laugh that his phone battery was down to just 3 percent. But even in those few minutes, he managed to pack in goofiness, charm, and a sprinkle of mischief. Classic Taehyung! He told fans the members weren't working on music that day, so he used the free time to work out and meet up with friends in LA. BTS members are currently staying there for a two-month creative session. V's sunglasses trick and cheeky 'miss ARMY' tease One of the cutest moments during the live came when V jerked his head to slide his sunglasses from his forehead down to his eyes. When they landed perfectly, he flashed a mischievous grin. He cheekily showed off his front teeth, melting ARMYs instantly. In true V fashion, he playfully refused to confess he missed fans outright. In his words, 'ARMY? How can I say I missed ARMY? That too, so directly. Ehey~ I can't~ I can't.' He teased with a playful pout, making the moment even more endearing. V's chill playlist for the day Before his phone gave out, V also shared a quick peek into the songs he's been listening to lately. He turned the live into a mini music session: DAISIES – Justin Bieber Alesis – Crybaby – SZA Are You Even Real – Teddy Swims & GIVEON Tread Carefully – SZA The mellow, R&B-infused lineup felt very Taehyung-coded, giving fans a glimpse into his current mood. Even with just 3% battery, V delivered 100% of his charm. And ARMYs are loving every second of this content-filled day. BTS in LA, album in the works BTS members are currently in Los Angeles, spending two months working on their next chapter. The group has previously confirmed that their comeback album is scheduled for Spring 2026.

Labubu Mania Fuels Pop Mart's 1,828% Sales Boom on TikTok Shop U.S.
Labubu Mania Fuels Pop Mart's 1,828% Sales Boom on TikTok Shop U.S.

Yahoo

time10-07-2025

  • Entertainment
  • Yahoo

Labubu Mania Fuels Pop Mart's 1,828% Sales Boom on TikTok Shop U.S.

The Labubu mania is not slowing down. The little monster toy has helped Pop Mart's sales on TikTok Shop U.S. grow from $429,259 in May 2024 to $4.8 million in May 2025, according to data from Partial sales numbers from June indicate that the Chinese toy company has reached a new high on the platform, selling more than $5.5 million last month — a 1,828 percent increase from June 2024 to June 2025. The data also reveals that Pop Mart's revenue from the TikTok Shop U.S. in 2025 has already surpassed its total for the entire 2024 year by more than four times, with sales of $21.3 million on the platform so far in 2025. More from WWD Louis Vuitton Puts Luxury Novelty Bags Back on the Radar With $10,000 Lifebuoy Purse Is the Labubu Effect Coming for Beauty Next? Australia's Aidan Luggage Brand Takes on the U.S. According to a platform that specializes in providing detailed analytics and insights for businesses and influencers, Pop Mart's TikTok Shop U.S. revenue growth had notable surges from October 2024 onward, with the most significant jumps in April and May 2025. By April 2025, Pop Mart accounted for 0.55 percent of all TikTok Shop U.S. sales. Labubu appeared in 2015 as a character in 'The Monsters' storybook and made its leap to collectible toy four years later, thanks to China's Pop Mart. The company has other toy characters available for sale, including Skullpand, Crybaby, Hirono, Kubo and more. Labubu, however, has become a viral sensation with fashionistas and celebrities pairing the toy with their luxury bags and stylish outfits. More recently, designer Marc Jacobs and June Ambrose were spotted with their own Labubus. 'Labubu has become more than just a collectible; it's a bold statement of individual style,' Emily Brough, Pop Mart's head of IP licensing, the Americas, previously told WWD. The global collectibles company has launched more than 300 styles of Labubu since 2019, including collaborations with Coca-Cola and Uniqlo. View Gallery Launch Gallery: Labubu Street Style Wave: How the Viral Charms Are Styled as Accessories, Photos Best of WWD 'Project Runway' Winners: Where Are They Now? Superfake Rolexes Are Getting Smarter: How to Spot Counterfeit Timepieces in the Luxury Watch Market Stores Closing in the U.S. in 2025: Joann, Kohl's, JCPenney and More Companies Facing Financial Challenges

My brother got my name tattooed on his FACE – people think ‘it screams unemployment' & has ‘ruined his chances at love'
My brother got my name tattooed on his FACE – people think ‘it screams unemployment' & has ‘ruined his chances at love'

Scottish Sun

time25-06-2025

  • Entertainment
  • Scottish Sun

My brother got my name tattooed on his FACE – people think ‘it screams unemployment' & has ‘ruined his chances at love'

Click to share on X/Twitter (Opens in new window) Click to share on Facebook (Opens in new window) A WOMAN has left people gobsmacked after showing off her brother's new tattoo. Jozie Rorebeck explained that her sibling, Riley Rorebeck, recently surprised her with a forehead inking dedicated to her. Sign up for Scottish Sun newsletter Sign up 3 A woman has gone viral after showing off her brother's new tattoo Credit: TikTok/jozierorebeck 3 Not only did people say it would "ruin his chances at love", but others questioned how he would ever find employment with such a bold inking Credit: TikTok/jozierorebeck 3 Jozie claimed that Riley wanted his inking in the same place as rapper Lil Pepp Credit: Getty - Contributor Eager to show off the jaw-dropping tattoo tribute, Jozie took to social media to give her followers a close-up look at the inking, leaving many totally stunned. Alongside a short clip that has now gone viral, Jozie wrote: 'My brother got my name tatted on his face.' She then added: 'I'll absolutely never go to bed questioning if I'm loved EVER again.' To share his affection for his sister, the young man who already has tattoos on his arms and hands, got his sibling's name inked on his forehead. Jozie, who described Riley as her 'ride or die' explained that the placement of the tattoo was to replicate a similar inking to a famous American rapper and singer-songwriter. She confirmed that Riley wanted it in the same place and in an identical front as Lil Pepp, who has the 'Crybaby', his fourth mixtape, inked above his eyebrow. It comes eight years after the death of the artist, who was a rising star in the music industry. But the TikTok clip, which was posted under the username @jozierorebeck just two days ago, has clearly left many open-mouthed, as it has quickly gone viral and amassed 1.3 million views. It has also racked up 174,400 likes, 1,566 comments and 6,717 shares. But social media users have been left totally divided by the man's large face tattoo. I never have to buy clothes as I've got them tattooed on & love it but trolls totally disagree While some thought it was 'adorable', others claimed it had ruined not only his chances at finding a partner, but also at securing a job too. One user gushed: 'Literally so sweet.' A second agreed: 'This is genuinely so adorable.' Whilst someone else chimed in: 'This is the sweetest thing ever.' But at the same time, not everyone was as complimentary, as one person said: 'Any sister in their right mind would never let their brother do that to themselves.' RIP his job applications TikTok user To this, Jozie replied and confirmed: 'My family and I had no idea he was doing this.' Meanwhile, another hater gasped: 'A face tat for your sis is crazy.' A third begged: 'Please say that's a temporary tattoo.' Which tattoos hurt the most? Depending on what part of your body you choose to ink, tattoos can range significantly in terms of pain levels. Some of the most painful areas are those where the skin tends to be thinner or closer to the bone. Each area has specific factors which contribute to the level of pain. Ribcage: Thin skin, little muscle, and many nerve endings. Feet and ankles: Many bones, tendons, and nerve endings close to the surface. Hands and fingers: Many bones, tendons, and nerve endings, resulting in increased pain during tattooing. Knuckles can be especially painful. Spine: Proximity of the spinal cord and nerve endings makes it sensitive. Tattooing directly over the vertebrae can be especially painful. Knees and elbows: Thin skin and little padding between the skin and the underlying bones. Armpits and groin: High concentration of nerve endings and lymph nodes. Neck and throat: Thin and sensitive skin, with many nerve endings and blood vessels close to the surface. Source: Tatt2Away Someone else questioned: 'Is he never planning on having a wife or kids??' Similarly, another hater claimed: 'Ruined his chances at love.' Not only this, but others shared their concern for Riley's future career, as one user slammed: 'RIP his job applications,' and another suggested: 'Screams unemployment.' Unlock even more award-winning articles as The Sun launches brand new membership programme - Sun Club

My brother got my name tattooed on his FACE – people think ‘it screams unemployment' & has ‘ruined his chances at love'
My brother got my name tattooed on his FACE – people think ‘it screams unemployment' & has ‘ruined his chances at love'

The Irish Sun

time25-06-2025

  • Entertainment
  • The Irish Sun

My brother got my name tattooed on his FACE – people think ‘it screams unemployment' & has ‘ruined his chances at love'

A WOMAN has left people gobsmacked after showing off her brother's new tattoo. Jozie Rorebeck explained that her sibling, Riley Rorebeck, recently surprised her with a forehead inking dedicated to her. 3 A woman has gone viral after showing off her brother's new tattoo Credit: TikTok/jozierorebeck 3 Not only did people say it would "ruin his chances at love", but others questioned how he would ever find employment with such a bold inking Credit: TikTok/jozierorebeck 3 Jozie claimed that Riley wanted his inking in the same place as rapper Lil Pepp Credit: Getty - Contributor Eager to show off the jaw-dropping Alongside a short clip that has now gone viral, Jozie wrote: 'My brother got my name tatted on his face.' She then added: 'I'll absolutely never go to bed questioning if I'm loved EVER again.' To share his affection for his sister, the young man who already has tattoos on his arms and hands, got his sibling's name inked on his forehead. Read more on tattoos Jozie, who described Riley as her 'ride or die' explained that the placement of the She confirmed that Riley wanted it in the same place and in an identical front as Lil Pepp, who has the 'Crybaby', his fourth mixtape, inked above his eyebrow. It comes eight years after the death of the artist, who was a rising star in the music industry. But the TikTok clip, which was posted under the username @ Most read in Fabulous It has also racked up 174,400 likes, 1,566 comments and 6,717 shares. But social media users have been left totally divided by the man's large face I never have to buy clothes as I've got them tattooed on & love it but trolls totally disagree While some thought it was 'adorable', others claimed it had ruined not only his chances at finding a partner, but also at securing a job too. One user gushed: 'Literally so sweet.' A second agreed: 'This is genuinely so adorable.' Whilst someone else chimed in: 'This is the sweetest thing ever.' But at the same time, not everyone was as complimentary, as one person said: 'Any sister in their right mind would never let their brother do that to themselves.' RIP his job applications TikTok user To this, Jozie replied and confirmed: 'My family and I had no idea he was doing this.' Meanwhile, another hater gasped: 'A face tat for your sis is crazy.' A third begged: 'Please say that's a temporary tattoo.' Which tattoos hurt the most? Depending on what part of your body you choose to ink, tattoos can range significantly in terms of pain levels. Some of the most painful areas are those where the skin tends to be thinner or closer to the bone. Each area has specific factors which contribute to the level of pain. Ribcage: Thin skin, little muscle, and many nerve endings. Feet and ankles: Many bones, tendons, and nerve endings close to the surface. Hands and fingers: Many bones, tendons, and nerve endings, resulting in increased pain during tattooing. Knuckles can be especially painful. Spine: Proximity of the spinal cord and nerve endings makes it sensitive. Tattooing directly over the vertebrae can be especially painful. Knees and elbows: Thin skin and little padding between the skin and the underlying bones. Armpits and groin: High concentration of nerve endings and lymph nodes. Neck and throat: Thin and sensitive skin, with many nerve endings and blood vessels close to the surface. Source: Someone else questioned: 'Is he never planning on having a wife or kids??' Similarly, another hater claimed: 'Ruined his chances at love.' Not only this, but others shared their concern for Riley's future career, as one user slammed: 'RIP his job applications,' and another suggested: 'Screams unemployment.' Unlock even more award-winning articles as The Sun launches brand new membership programme - Sun Club

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