Labubu-maker POP MART on a roll with 400% profit
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The stylist and Avalon TV star tells Out how he started making custom Labubus for A-list Hollywood celebrities.
The pop star is a huge fan of the bag charms. She even had a custom mask.
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Lisa Turns Into A 'Cute' Pink Labubu For BLACKPINK's Concert In London, Send Fans Into Frenzy
When it comes to fashion risks, Lalisa Banobal, aka Lisa, never plays it safe – and she did it once again in the cutest yet most iconic way possible. On Saturday night in London, during BLACKPINK’s Deadline World Tour,
Pop Mart shares hit record highs after reporting a 400% profit surge on Labubu craze, upbeat guidance, and global expansion plans.
Labubus dolls are only available through online purchases and in-store pickups, if you can find one in stock. Adding to the scarcity factor is the blind-box packaging.
Shares in Chinese toymaker Pop Mart saw volatile trading on Wednesday, a day after the company posted a near-400% surge in net profit, driven by booming global demand for its Labubu dolls. Pop Mart dropped as much as 4.7% before paring losses to climb above 2% as of 10.45 a.m. local time (10:45 p.m. ET Tuesday)
The popularity of the viral little monsters among adults could mean bad news for the economy, an expert has told The Post.
The U.S. Consumer Product Safety Commission issued an “urgent” warning Monday about knockoff Labubu dolls posing a “serious risk of choking and death to young children.” The warning only applies to fake versions of the Labubu dolls — sometimes referred to as “Lafufu dolls” — which are sold as tiny plush figures on keychains.