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POP MART to Fully Withdraw Labubu from UK Stores on Brawl Incident
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Due to a snap up rage of POP MART (09992.HK)'s IP 'Labubu' in the UK, a brawl incident occurred at Westfield London in Stratford, the UK, as announced by POP MART. The Company decided to suspend the sale of such series of product in the UK, and planned to fully withdraw Labubu from UK stores by June to ensure consumers' safety. Labubu recently rose rapidly from a niche designer toy to an international trend idol, with its latest collection selling out quickly in the US, UK and other places after launch. AASTOCKS Financial News Website: www.aastocks.com |
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