A mischievous little monster with fangs is America’s must-have toy — causing fans of all ages to line up and resale prices to soar.
- Meet Labubu, the spiky-eared collectible from China and star of the “cute horror” boom.
What it is: Labubu is an elf-like character created by Hong Kong artist Kasing Lung. It gained a following through a 2019 collaboration with Chinese toy giant Pop Mart.
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- It’s sold in “blind boxes,” meaning buyers don’t know which figure they’ll get, fueling a thrill-of-the-hunt resale culture.
- Each series includes rare “secret”…