Pop Mart expects profit for the first six months of this year to jump by at least 350% compared with the prior-year period, largely because of its plush toy, the Labubu.
Calm Down, Everyone: Labubus Are Just This Generation's Beanie Babies
The rush to secure one of these toys seems to transcend human decency, just like it did before. The fighting over Labubus got so bad that they were pulled from stores in the UK.
The Beanie Baby Craze Was Way Worse Than You Remember
In his new book 1999: The Year Low Culture Conquered America and Kickstarted Our Bizarre Times, Ross Benes explores one fateful year and its impact on everything from network television to consumerist mania.