Giant panda cubs have a soft coat of lanugo . When they are 6 months old , they begin to lose their lanugo and develop fur instead. Their fur will gradually become coarse. Just like the adult giant panda. Giant panda do molt. They experience molting mainly in summer. In summer, you will find the giant pandas lose a lot of fur. It's more obvious when the giant panda is over 2 ½ years old but less after adulthood. | PandaLover