Pop Mart predicts 350% profit surge on Labubu dolls boom
Pop Mart forecasts a 350% net profit surge in H1 2025 as Labubu doll sales triple, with U.S. sales up 5,000% in June thanks to brand recognition and cost controls.
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Tariff Rollback Brings Holiday Relief for U.S. Toy Makers
U.S. toy makers welcome a 90-day rollback of tariffs on goods from the Chinese mainland, cutting duties from 145% to 30% and easing holiday inventory and price pressures.
Mattel to Raise U.S. Toy Prices Amid Tariff Pressure
Mattel will raise U.S. toy prices to offset new tariffs on imports from the Chinese mainland and diversify production to build a more resilient supply chain.