Pop Mart pricks Labubu’s resale bubble in bid to outlast the hype
At Pop Mart’s 2025 interim results briefing, chairman Wang Ning pulled a mini Labubu from his jacket pocket. The crowd cheered, as his gesture reinforced the brand’s image. Soon after, mini Labubus went viral online. What surprised many was that despite its popularity, Labubu—along with several of Pop Mart’s bestsellers—saw…
bubmagSeptember 15, 2025