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POP MART Suspends Offline Sales of LABUBU at Stores in S Korea
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LABUBU, a popular IP product of POP MART (09992.HK), has been sweeping across the world, triggering a snap up rage. The Company announced on last Saturday (14th) that, due to concerns raised over potential safety incidents at offline sales locations, it decided to temporarily suspend the offline sales of all LABUBU plush dolls and LABUBU plush keyring series, and appealed for customers' understanding and support. Recently, LABUBU created a craze in South Korea, with long queues in front of its stores, and even a quarrel between queuing buyers due to crowding, who almost started a fight. The local police were mobilized to maintain order at the scene. AAStocks Financial News Website: www.aastocks.com |
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