Topline A limited edition collaboration between the shoe brand Vans and Labubu—the quirky plushes from Chinese toy company Pop Mart that have sparked a viral phenomenon—could be the next rendition of the toy to sell for five figures on the secondary market as an eBay auction for the doll creeps toward the $10,000 mark. Close-up detail view of seven Labubu …
Read More »Pop Mart has struck it rich. The Chinese company that caters to toy connoisseurs and influencers said this week that it 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 smash hit plush toy, the Labubu. Pop Mart joins a small list of companies …
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Pop Mart, the Chinese toy firm behind the hugely popular Labubu dolls, has said its profits are set to soar for the first six months of this year. The Beijing-based company said it expects profits for the period to jump by at least 350% as revenues more than tripled. Pop Mart, which has a stock market value of more than …
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