Labubu has become a global star,from Paris and New York to London and Milan.These charming figurines from Chinese toy manufacturer Pop Mart,with their soft fur,expressive eyes,pointed teeth and rabbit ears,have captiv...Labubu has become a global star,from Paris and New York to London and Milan.These charming figurines from Chinese toy manufacturer Pop Mart,with their soft fur,expressive eyes,pointed teeth and rabbit ears,have captivated buyers both in shops and online.展开更多
Prioritizing value over status,young Chinese consumers are embracing rentals,from designer toys to electronics,but what's holding the industry back?On a windy morning by Qinghai Lake,Lin Xi films herself unboxing ...Prioritizing value over status,young Chinese consumers are embracing rentals,from designer toys to electronics,but what's holding the industry back?On a windy morning by Qinghai Lake,Lin Xi films herself unboxing a small white drone on her hotel balcony.The drone isn't hers.Three days earlier,the 28-yearold office worker from Shenzhen had rented the device on e-commerce platform Taobao for a trip with friends,paying 150 yuan for three days.It was shipped and waiting at the front desk of her hotel when she arrived.展开更多
Catapulted by the rise of designer toys,the“emotional economy”emerged as one of China’s hottest buzzwords in 2025,as millennials and Gen Z gravitated toward brands offering enjoyment,comfort,and self-expression.At ...Catapulted by the rise of designer toys,the“emotional economy”emerged as one of China’s hottest buzzwords in 2025,as millennials and Gen Z gravitated toward brands offering enjoyment,comfort,and self-expression.At the same time,thrift-and sustainability-minded consumers are driving a booming secondhand market,while the next generation of factory owners steps into leadership within their family businesses.展开更多
The rise of young consumers,particularly those born in the 1990s and 2000s,has transformed the consumption market.Some embrace“emotional value,”fueling the booming designer toy industry,while others prioritize susta...The rise of young consumers,particularly those born in the 1990s and 2000s,has transformed the consumption market.Some embrace“emotional value,”fueling the booming designer toy industry,while others prioritize sustainability and thrift,driving the growth of the secondhand market.展开更多
文摘Labubu has become a global star,from Paris and New York to London and Milan.These charming figurines from Chinese toy manufacturer Pop Mart,with their soft fur,expressive eyes,pointed teeth and rabbit ears,have captivated buyers both in shops and online.
文摘Prioritizing value over status,young Chinese consumers are embracing rentals,from designer toys to electronics,but what's holding the industry back?On a windy morning by Qinghai Lake,Lin Xi films herself unboxing a small white drone on her hotel balcony.The drone isn't hers.Three days earlier,the 28-yearold office worker from Shenzhen had rented the device on e-commerce platform Taobao for a trip with friends,paying 150 yuan for three days.It was shipped and waiting at the front desk of her hotel when she arrived.
文摘Catapulted by the rise of designer toys,the“emotional economy”emerged as one of China’s hottest buzzwords in 2025,as millennials and Gen Z gravitated toward brands offering enjoyment,comfort,and self-expression.At the same time,thrift-and sustainability-minded consumers are driving a booming secondhand market,while the next generation of factory owners steps into leadership within their family businesses.
文摘The rise of young consumers,particularly those born in the 1990s and 2000s,has transformed the consumption market.Some embrace“emotional value,”fueling the booming designer toy industry,while others prioritize sustainability and thrift,driving the growth of the secondhand market.
