Express News | Following Wang Ning's visit to LVMH headquarters, plans for Pop Mart's largest flagship store in Europe have emerged.
Reporters have learned that Pop Mart's largest flagship store in Europe is set to open on Boulevard Haussmann in Paris. This latest development was disclosed by Peter Shipman, head of Pop Mart's European operations, in a recent interview. "This will be our largest flagship store in Europe to date, featuring dedicated exhibition areas and other in-store experience spaces," Shipman stated. He noted that the choice of Boulevard Haussmann was made after careful consideration by the group. As one of Paris's most iconic retail and cultural destinations, the street is home to major international fashion brands and is adjacent to Galeries Lafayette and Printemps department stores. "This is far more than just opening a new store; it provides us with an opportunity to present Pop Mart and our IP more comprehensively in one of Europe's most important cities." This move marks Pop Mart's latest action in the European market following CEO Wang Ning's recent meeting in Paris with Bernard Arnault, Chairman and CEO of LVMH Group. While there has been much speculation about the commercial intent behind their meeting, information revealed in this interview indicates that Pop Mart's strategic layout in the French market is far more concrete than a mere courtesy visit. (Beijing Daily)
Customs authorities conducted raids on Temple Street and Ladies' Market, arresting seven individuals and seizing counterfeit goods with a market value of HK$1 million, including fake Labubu figurines.
On September 3 and the day before (the 8th), Hong Kong Customs conducted special enforcement operations in Yau Ma Tei and Mong Kok to crack down on the sale of counterfeit goods, seizing
"If Pop Mart can achieve RMB 3 million, so can we": Can MINISO fulfill its ambition?
Why does Duan Yongping hold Wang Ning in such high regard?
Duan Yongping’s appreciation for Wang Ning is, at its core, a meeting of minds in the business world between two individuals who believe in “doing the right things” and are committed to “respecting time and respecting business operations.”
Pop Mart (09992.HK): Revenue to grow 24% in 2026, with strong performance in the Chinese market
Revenue grew 24% in the first half of 2026, while profits faced阶段性 pressure. In 1H 2026, the company recorded revenue of RMB 17.173 billion, a year-on-year increase of 23.8%; net profit for the period amounted to RMB 5.100 billion, up 8.9% year on year; adjusted
Citi: Diverging Outlook for China’s IP Toy Sector; Prefers Pop Mart (09992.HK) and Blokees (00325.HK)
Citi issued a report stating that earnings forecasts for Bruco (00325.HK) were revised upward following its first-half 2026 results, driven by overseas expansion and profit margins that exceeded expectations. In contrast, earnings forecasts for Pop Mart (09992.HK) and Miniso (09896.HK) (MNSO.US) were downgraded due to weakening overseas momentum and margin pressure. Given the low expectations and high base effect anticipated for the second half of 2026, investors are focusing more on whether Pop Mart will see quarter-on-quarter improvement after the base resets. The bank expects seasonal factors and the gradual effectiveness of organizational capability initiatives to drive quarter-on-quarter improvement in the fourth quarter of 2026. The bank