Labubu fever, and a skincare brawl
An early edition toy based on the red-hot Labubu character has fetched a record $150,000 in a recent auction. What's driving the craze, and is it sustainable? And a high-profile tussle between two leading skincare brands has left one of them bruised, with its stock down 30%. How can investors steer clear of this kind of damage?
INDUSTRY NEWS WRAP:First-edition Labubu sells for record $150,300
A first-edition figure from the globally popular Labubu collectible toy series set a new auction record at Yongle’s 2025 Spring Auction in Beijing, fetching 1.08 million yuan ($150,300). The winning…
QuantaSing excites investors with new toy tune
The adult education company’s shares have tripled since it disclosed a plan to enter the collectible toy business through a major acquisition that closed on March 31 Key Takeaways: QuantaSing…
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