Labubu meets LVMH: Pop Mart to open flagship store in Paris amid cooling overseas sales

Chinese collectible toymaker Pop Mart International is pushing forward with global retail expansion amid slowing overseas sales and will open its first European flagship store in Paris’ Boulevard Haussmann, the same street as iconic department stores Galeries Lafayette and Printemps, according to the company. Last week, Pop Mart founder and CEO Wang Ning travelled to Paris ahead of the brand’s coming store opening. While in Paris, Wang met Bernard Arnault, chairman and CEO of LVMH, gifting him a