Retail

With no clear successor to its breakout IP, uncertainty remains around the company’s long-term prospects.

The CEO talks of impending market saturation, “dark stores,” and entry into the Bangladesh market.

Luckin’s latest acquisition and Mixue’s coffee trials point to a widening split in strategy.

Adoption was strong during the campaign, but it remains unclear if user behavior will persist after incentives fade.

Sunon aims to expand under its own brand and move beyond contract manufacturing.

Increased spending on supply chains and merchant support also weighed on its 2025 results.

Heavy reliance on Labubu and “The Monsters” franchise weighed on investor sentiment after the latest report.

Its multi-brand strategy helped offset weaker performance at the core label.