ASX-Dividend-Report-Banner

FUNKO ANNOUNCES FIRST LICENSED STORE IN SOUTHEAST ASIA IN THE PHILIPPINES

April 15, 2025 11:00 AM AEST | By Cision
Follow us on Google News: https://kalkinemedia.com/resources/assets/public/images/google-news.webp
 FUNKO ANNOUNCES FIRST LICENSED STORE IN SOUTHEAST ASIA IN THE PHILIPPINES
Image source: Kalkine Media

Expanding its global footprint, Funko brings an immersive retail experience to one of its fastest-growing fan communities

MANILA, Philippines, April 15, 2025 /PRNewswire/ -- Funko, Inc. (NASDAQ: FNKO), the global pop culture lifestyle brand, today announced the planned opening of the first Southeast Asian Funko-licensed store by local retailer, Funtastik Enterprises Corp, in the Philippines, scheduled for June 2025. This expansion marks another milestone in Funko's international growth strategy, reinforcing its commitment to meeting fans where they are and bringing the brand experience to its passionate communities.

Funko to open its First Southeast Asian standalone store in Manila's SM Mall of Asia
Funko to open its First Southeast Asian standalone store in Manila's SM Mall of Asia

Driven by thriving comic conventions, strong community engagement, and a booming e-commerce ecosystem, the Philippines is one of the most active markets for pop culture in Southeast Asia. Filipino fan communities rank among the world's most engaged audiences for Funko, making this a strategic move to bolster local engagement and attract new fans. Funko has partnered with Funtastik based on its market expertise and focus on customer service. 

"As a global brand, Funko is committed to expanding our presence in the most engaged and fastest-growing fan communities," said Cynthia Williams, CEO of Funko, Inc. "The Philippines is one of our strongest-performing markets in Asia, and this licensed store represents our investment in its passionate fanbase. We've seen remarkable success with similar stores in the Middle East, and we're excited to bring that momentum here. By deepening our retail footprint and enhancing direct-to-consumer experiences, we hope to inspire connection, self-expression, and fun for our fans—wherever they are in the world."

Located in SM Mall of Asia, the retail space will offer exclusive product drops and interactive zones, celebrating beloved entertainment, sports, and music franchises, as well as the growing world of anime. Fans can expect an array of collectibles, including the iconic Funko Pop! line, Bitty Pop! and Loungefly.

With this launch, Funko accelerates its global reach through best-in-class retail and licensing partnerships, shaping the next era of fan culture across Asia.

About Funko

Funko is a global pop culture company at the forefront of the growing Kidult economy and evolving fan behavior. With a diverse portfolio of owned and licensed brands - including Funko, Loungefly, and Mondo - Funko delivers industry-defining products that span vinyl figures, micro-collectibles, fashion accessories, apparel, plush, action toys, high-end art, music and digital collectibles, and more. Through these products, which include Pop! Yourself, Bitty Pop!, and Digital Pop!™ among others, Funko inspires fans to express their passions, build community, and have fun. Founded in 1998 and headquartered in Washington state, Funko has offices, retail locations, operations, and licensed partnerships in major consumer geographies across the globe. Learn more at Funko.com, Loungefly.com, and follow us on TikTok, X, and Instagram.  

Forward Looking Statements

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including statements regarding Funko's retail presence and partnerships. These forward-looking statements are based on management's current expectations. These statements are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements, including, but not limited to, the important factors discussed under the caption "Risk Factors" in our quarterly report on Form 10-Q for the quarter ended September 30, 2024 and our other filings with the Securities and Exchange Commission that could cause actual results to differ materially from those indicated by the forward-looking statements made in this press release. Any such forward-looking statements represent management's estimates as of the date of this press release. While we may elect to update such forward-looking statements at some point in the future, we disclaim any obligation to do so, even if subsequent events cause our views to change. These forward-looking statements should not be relied upon as representing our views as of any date subsequent to the date of this press release.


Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media Pty Ltd (“Kalkine Media, we or us”), ACN 629 651 672 and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary.
The content published on Kalkine Media also includes feeds sourced from third-party providers. Kalkine does not assert any ownership rights over the content provided by these third-party sources. The inclusion of such feeds on the Website is for informational purposes only. Kalkine does not guarantee the accuracy, completeness, or reliability of the content obtained from third-party feeds. Furthermore, Kalkine Media shall not be held liable for any errors, omissions, or inaccuracies in the content obtained from third-party feeds, nor for any damages or losses arising from the use of such content.
Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyrighted to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed/music used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have made reasonable efforts to accredit the source wherever it was indicated as or found to be necessary.

This disclaimer is subject to change without notice. Users are advised to review this disclaimer periodically for any updates or modifications.

Recent Articles

Investing Tips

Previous Next
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.