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Shares in Labubu owner Pop Mart sink after state media warns against ‘blind boxes’

Surprise commentary from a Chinese state-owned media outlet helped to send shares of Pop Mart, the toy store behind the buzzy Labubu dolls, down by 3.6% in Hong Kong trading Friday.  People’s Daily, a state media outlet, published an article on Friday criticizing the practice of selling “blind boxes,” a practice in which chains sell … Read more

This Is How Hard It Is to Find a Labubu

Recently, the charm of Labubu made its way onto my social feed with friends sharing their new companion accessory, a tiny nine-toothed fuzzy monster keychain plush as an adornment on their purses or backpacks. As fandom and fashion evolves, the latest trend is to personalize your daily carry-ons with charms, and right now none are … Read more

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