Here Group challenges Labubu with Wakuku
The former adult education company has transformed to a pop toy maker, reporting its revenue from that business rose sharply in its latest quarter Key Takeaways: Here Group’s revenue nearly…
Will Top Toy knock Pop Mart off its throne?
China’s third largest pop toy seller, a spinoff of Japanese-style retailer Miniso, has filed for a Hong Kong IPO just five years after its founding Key Takeaways: Miniso spinoff Top…
Mounting challenges take the fun out of Playmates Toys
The once dominant toy maker has struggled since last year, and its downward spiral accelerated in the first half of 2025 Key Takeaways: Playmates Toys reported its revenue plunged nearly…
BRIEF: Pop Mart profit quadruples on overseas growth, popular toys
Leading collectible toy brand Pop Mart International Group Ltd. (9992.HK) announced on Tuesday that its revenue rose 200% or more year-on-year in the first half of this year. It said…
VIDEO BRIEF: Toys for grown-ups, inside China’s $15 billion collectible toy boom
Last year alone, collectors worldwide spent nearly 2 billion US dollars on blind boxes from Chinese collectible toy sensation POP MART. That fueled a sales explosion that lit a fire…
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…
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