Zheng Quan Shi Bao Wang·2025-06-14 12:26Core Viewpoint - Pop Mart's LABUBU series has temporarily suspended offline sales in South Korea due to potential safety concerns, prioritizing customer safety and service quality [1] Group 1: Company Actions - On June 14, Pop Mart Korea announced the suspension of offline sales for the entire LABUBU plush toy and keychain series [1] - The company aims to restore sales with improved service [1] Group 2: Product Popularity - LABUBU has gained significant popularity, leading to multiple mentions on Weibo hot topics [1] - The LABUBU character is part of Pop Mart's exclusive IP "THE MONSTERS," designed by Hong Kong designer Long Jia Sheng, originating from a 2015 picture book [1] Group 3: Sales Performance - The LABUBU 3.0 series launched globally in April, topping the US App Store shopping chart and causing long queues in various locations [2] - The limited edition LABUBU from Milan Fashion Week is priced at 12,989 yuan, while a collaboration with Vans exceeds 28,000 yuan, with secondary market prices soaring by several times [2] - In 2024, Pop Mart's total revenue is projected to reach 13.038 billion yuan, more than doubling year-on-year, with the "Monsters" series generating 3.04 billion yuan, a 726.6% increase [2] - Pop Mart's stock price in Hong Kong reached a new high since its listing this week [2]