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How Labubu, a Chinese Kid’s Toy, Became the Luxury World’s Latest Viral Trend

  • Labubu, a plush toy monster created by Hong Kong artist Lung Ka-sing in 2015, became a viral collectible after joining Pop Mart's blind box lineup in 2018.
  • Pop Mart, a Chinese toy retailer valued at $38 billion last year, saw Labubu's popularity surge amid intense resale demand and global social media exposure since 2019.
  • Labubu toys retail around $27.99 in the U.S., but rare figures resell for up to $400 or more, while counterfeit versions called 'Lafufus' have flooded the market.
  • Pop Mart denies artificial scarcity, stating they prioritize fair product access and have implemented purchase limits and app-based reservations to combat bots and resellers.
  • Labubu's craze extends into luxury fashion and art, highlighted by a life-size figure auctioned for over $170,000, indicating growing cultural and market significance worldwide.
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Independent Español broke the news in on Monday, June 16, 2025.
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