<ul data-eligibleForWebStory="false"><li>Labubu, created by Belgian-Hong Kong artist Kasing Lung, has become a highly sought-after collectible worldwide, blending Eastern and Western design influences.</li><li>Labubu's character design draws inspiration from European folklore and features a unique appearance that sets it apart from traditional cute figures.</li><li>Labubu's success can be attributed to its moral ambiguity and engagement with Pop Mart's blind box model, creating a sense of scarcity and excitement for collectors.</li><li>Labubu's global popularity has been boosted by celebrity endorsements, like Lisa from BLACKPINK, bridging the gap between K-pop and designer toy communities.</li></ul>

The Labubu Phenomenon: How a Mischievous Elf Conquered Pop Culture

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