What are Labubu dolls, the cute 'monster' dolls that are taking the fashion industry by storm?

Labubu, a mischievous elf-like doll, has become the latest it-girl accessory. Once a niche collectible, it’s now become the go-to charm for trendsetters. From Blackpink's Lisa and Rosé to Bollywood's Ananya Pandey, everyone has one. What makes it so special?

Explainers