3 6 Ke·2025-12-11 04:41Group 1 - The core point of the news is the appointment of Wu Yue, the President of LVMH Greater China, as a non-executive director of Pop Mart, following the resignation of He Yu due to other work commitments [1] - Wu Yue has extensive experience in the luxury goods sector, having previously served as General Manager and Managing Director of Parfums Christian Dior in China and as Vice President of Sony Music Entertainment in Asia [1] - Pop Mart has been expanding its global presence, recently opening new stores in key markets such as the Middle East, the UK, and Canada, despite a recent slowdown in sales growth expectations in the US market [2][3] Group 2 - Pop Mart currently operates over 60 physical stores in the US and plans to open new locations in Vancouver and Toronto by early 2026, enhancing its footprint in North America [3] - The company has recently opened its first store in Qatar at Hamad International Airport, marking its entry into the Middle East and becoming the first Chinese brand at that airport [2] - The recent stock price decline of Pop Mart has been attributed to overseas institutions predicting a slowdown in sales growth in the US market, impacting investor expectations [2]