Tag: collectibles

Pop Culture • August 23, 2026

Pop Mart’s Labubu Problem: Is the Stock Crash a Warning or a Reset?

Pop Mart turned Labubu into one of the strangest consumer success stories of the decade. The grinning, sharp-toothed character escaped the collectible-toy niche, invaded TikTok feeds, handbags, resale platforms and celebrity culture, and helped transform a Chinese blind-box company into a global consumer phenomenon. Now the market is asking an uncomfortable question: what happens to […]

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