Welcome to our dedicated page for Pop Mart Interna news (Ticker: PMRTY), a resource for investors and traders seeking the latest updates and insights on Pop Mart Interna stock.
POP MART INTL UNSP/ADR (PMRTY) news covers developments at POP MART International Group, a consumer cyclical company in the leisure industry focused on designer toys, character IP and entertainment-oriented retail. Company announcements highlight financial results, product category performance, international expansion and new store formats.
Recent news releases include POP MART’s full-year 2024 financial results, where the company reported revenue growth, geographic revenue contributions from Mainland China and markets outside Mainland China, and performance across product categories such as figures, plush toys, MEGA COLLECTION items and derivatives and other products. These updates also describe improvements in operational metrics like gross profit margin and inventory turnover days.
News about POP MART frequently details its global retail expansion. Examples include the opening of a store in the Carrousel du Louvre in Paris, described as an art gallery-style retail format with exclusive releases tied to that location, and the launch of a permanent store in Amsterdam, accompanied by limited-edition items and collaborations. Other releases mention new outlets in cities across Europe and Asia and the company’s broader globalization roadmap.
Investors and collectors following PMRTY-related news can expect coverage of store openings, exclusive product launches linked to specific locations, updates on key IPs such as MOLLY, DIMOO, SKULLPANDA, THE MONSTERS and HIRONO, and summaries of financial and operational performance. This page aggregates such announcements so readers can review how POP MART describes its growth, retail footprint and IP-driven product strategy over time.
POP MART (HKG:9992) reported strong financial results for 2024, with revenue reaching 13.04 billion RMB (+106.9% YoY) and adjusted net profit of 3.4 billion RMB (+185.9% YoY). Mainland China revenue grew 52.3% to 7.97 billion RMB, while international markets surged 375.2% to 5.07 billion RMB.
The company's product categories showed remarkable performance: figures revenue reached 6.94 billion RMB (+44.7%), plush toys grew 1289% to 2.83 billion RMB, MEGA COLLECTION generated 1.68 billion RMB (+146.1%), and derivatives reached 1.59 billion RMB (+156.2%). Four key IPs - THE MONSTERS, MOLLY, SKULLPANDA, and CRYBABY - each generated over 1 billion RMB in revenue.
Operational metrics improved significantly, with gross profit margin increasing to 66.8% (+5.5 percentage points) and inventory turnover days reducing from 133 to 102 days. The company expanded its global presence to nearly 100 countries, operating 130 brick-and-mortar stores and 192 ROBOSHOPs internationally.
POP MART has opened a groundbreaking store in the Louvre on July 27, 2024, marking its first art gallery-style retail format. Located in the Carrousel du Louvre, the store blends classical and contemporary art, featuring French-inspired architecture and exclusive releases like SKULLPANDA PERMEATE and Labubu's Artistic Quest. This strategic move enhances POP MART's global stature and supports its European expansion.
The store's design incorporates French classical elements with a monochrome palette and unique product displays. It showcases the return of THE MONSTERS Art series and hosted a fan signing event with SKULLPANDA artist Xiong Miao. This opening complements POP MART's existing Parisian locations and aligns with the brand's broader European strategy, following successful launches in the UK, Italy, and the Netherlands.
POP MART, the Asian collectibles brand, has opened its first permanent store in the Netherlands on July 13, 2024, in Amsterdam's Kalverstraat. The 67 m² store offers designer toys, exclusive releases, and editions. This opening follows successful shops in London and Paris, marking an important milestone in POP MART's European expansion.
The store launch features several exclusive items, including the MEGA ROYAL MOLLY X Van Gogh Museum inspired by Van Gogh's Almond Blossom painting, and a special addition to the Peach Riot collection designed by American artist Libby Frame. edition figurines from the punk band characters Gigi, Poppy, and Frankie are available exclusively in Amsterdam, with only 50 pieces each.
Justin Moon, president of POP MART International, expressed excitement about bringing their unique store concept to the Netherlands and plans for further expansion in the country this year.
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