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Pop Mart Third-Quarter Sales Fall Up to 50% as Labubu Fad Cools

Pop Mart International Group Ltd. reported a decline in third-quarter sales from a year earlier, hurt by fading Labubu momentum and a tough base of comparison following last year’s blockbuster results.

This article was originally published by Bloomberg Markets and is republished here under license.

Pop Mart International Group Ltd. reported a decline in third-quarter sales from a year earlier, hurt by fading Labubu momentum and a tough base of comparison following last year’s blockbuster results.

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