BBC News
Labubu sales are slumping. Is the craze over?
Parent company Pop Mart's revenue has fallen as appetite for the quirky collectible monsters wanes.
By BBC News
Excerpt shared by Lazyfounder
·Excerpt
Labubu hype seemed unstoppable, now the fluffy monster mania is dying
Image source, Courtesy of Ensito
Image caption, Ensito, with his custom-made Labubu teeth, posing with a new doll in his collection
ByOsmond Chia
Business reporter
For years, Labubu dolls seemed unstoppable.
Collectors young and old energetically snapped up "blind boxes" - sealed, mystery packages containing the quirky monsters - often paying $15 (£11) or…
Courtesy
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