The Labubu phenomenon is interesting not even sure where they came from but now they're just everywhere
Basically a manufactured China-backed scheme leveraging TikTok
Why is a national conspiracy to sell toys more plausible than a harmless fad?
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Earlier quoted context omitted.
have you ever heard of Hello Kitty? Sanrio has 13B market cap.
Not following the connection between Popmart (Labubu) and Sanrio (Hello Kitty), other than the fact that they've done some licensing deals together.
The point is, it's the same sentence for a different time.
This is one thing you can spend your limited time on earth building
Earlier quoted context omitted.
Beanie Babies peaked in maybe 1998 and were at one point 10% of sales on eBay. If you were an American above the age of 5 in 1998 I'm not sure it's possible to be unaware of them.
Agreed…not owning one is understandable. Not hearing about it at all in the US if you’re a millennial is perplexing (I’m an early 90s kid too).