The company currently operates over 2,000 locations globally, including more than 40 stores in the United States, a market where Labubu sales surged by 5,000% in June.

Pop Mart, the Chinese toy firm behind the hugely popular Labubu dolls, has said its profits are set to soar for the first six months of this year. The Beijing-based company said in a preliminary statement that it expects profits for the period to jump by 350% as revenues more than tripled.

Chinese toymaker Pop Mart International Group Ltd. expects the soaring global popularity of its Labubu plush toys to drive a threefold increase in first-half revenue and an even bigger boost to