Pop Mart International and Laopu Gold are set for triple-digit growth, standing out amid China’s weak consumer spending. Pop Mart shifts to new toy lines like Twinkle Twinkle and Skullpanda, while Laopu benefits from strong gold-linked jewelry demand

2026-03-20

Pop Mart International and Laopu Gold are set for triple-digit growth, standing out amid China’s weak consumer spending. Pop Mart shifts to new toy lines like Twinkle Twinkle and Skullpanda, while Laopu benefits from strong gold-linked jewelry demand, per Bloomberg Intelligence. This contrasts with broader retail struggles: Haidilao and Anta likely saw weaker earnings, Meituan faces fierce food delivery competition, and Xiaomi’s smartphone margins are squeezed by high memory costs.