Pop Mart (09992.HK) said on its Q3 earnings call it will continue to reduce
overall inventory levels in Q4 while ensuring new-product supply. Management
will prioritize the effectiveness of first-leg allocations, noting some
countries and regions have significant internal reallocation capacity;
network-level allocation can top up local stockouts and support sales. The
The company has begun dynamic inventory management—adjusting allocations after
initial shipments rather than waiting for high terminal sell-through—intended to
Reduce unnecessary product recalls and frequent inter-store transfers.
