Pokémon drives significant growth in collectibles sales for GameStop

GameStop‘s collectibles sector managed to raise to $212.4 million last quarter, which is a year-over-year increase of about 27.8 percent. The gaming-specific retailer credited the ongoing resurgence of the Pokémon brand for driving that growth. “The Collectibles business achieved the high-end of its $450 to $500 million revenue target, as sales increased 59.5% to $494.1 million in fiscal 2016,” the company reported in its earnings release. Although the Pokémon franchise never truly waned into irrelevance, it is reportedly experiencing a resurgence thanks to the immensely-popular mobile app Pokémon GO.

Source: GamesBeat

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