Overview

• Pop Mart reported a near 400% jump in first‑half profit as demand for its Labubu collectibles surged and official stock sold out quickly.
• Chinese authorities say they have seized more than 1.8 million counterfeit Labubu dolls intended for export since the start of the year.
• U.S. and U.K. regulators warn that knockoffs can include small detachable parts and poor materials that pose choking and chemical risks to children.
• UK discount chain Home Bargains is selling £2.99 Labubu‑style dupes, prompting mixed reactions from shoppers and a Pop Mart advisory to buy only through official channels.
• Small factories in Guangdong and Hebei are producing large volumes of look‑alikes, with one Dongguan maker telling CNN that over 40% of its exports go to the United States.