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China’s Pop Mart opens new store in Singapore’s Sentosa amid slowing domestic sales
HK🏛️ PoliticsCenter5 hr. ago

China’s Pop Mart opens new store in Singapore’s Sentosa amid slowing domestic sales

Pop Mart International, a Chinese toymaker, expanded its global presence by opening a new store on Sentosa Island in Singapore, alongside its first overseas Pop Bakery dessert outlet. This move follows a period of slower domestic sales and normalized demand after a strong IP cycle in 2025. Analysts noted that improved inventory availability has reduced the scarcity-driven traffic that previously fueled the brand's success. The new two-story location features both Pop Mart and Pop Bakery, positioned opposite Universal Studios Singapore. Senior analyst Jeff Zhang highlighted the potential for further international expansion, particularly in underpenetrated markets like North America and Europe, while noting that revenue growth is expected to decelerate in the second half of 2026 due to a high base effect.

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1 reports

South China Morning Post logoSouth China Morning PostIndependentCenter5 hr. ago
China’s Pop Mart opens new store in Singapore’s Sentosa amid slowing domestic sales

Pop Mart International, a Chinese toymaker, expanded its global presence by opening a new store on Sentosa Island in Singapore, alongside its first overseas Pop Bakery dessert outlet. This move follows a period of slower domestic sales and normalized demand after a strong IP cycle in 2025. Analysts noted that improved inventory availability has reduced the scarcity-driven traffic that previously fueled the brand's success. The new two-story location features both Pop Mart and Pop Bakery, positioned opposite Universal Studios Singapore. Senior analyst Jeff Zhang highlighted the potential for further international expansion, particularly in underpenetrated markets like North America and Europe, while noting that revenue growth is expected to decelerate in the second half of 2026 due to a high base effect.

Bias read (Center): The article presents a balanced overview of Pop Mart's strategic expansion and market dynamics without overtly favoring any political ideology. It includes expert analysis and industry trends without taking a clear ideological stance, thus maintaining a center-aligned framing.

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