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Labubu, the plush toy from China’s Pop Mart is a social media darling, but the toothy little monsters are not an overnight ...
Unveiling their latest seizure in front of news cameras last month, two Chinese customs agents revealed not drugs or weapons – but suitcases full of plush toys.
For a US-owned toy factory in China, tariffs are an existential threat The US and China agreed to lower tariffs for 90 days on Monday Huntar Company CEO says any tariff over 50% would make ...
Finances aside, 52Toys is also at a scale disadvantage. Chen once vowed to make the company a leading seller of collectibles ...
Even in China, where Pop Mart is based and most of its toys are made, people are struggling to ... 34% higher than 2023. But buying from resellers carries risks. Kate Yang, a Beijing resident ...
Clients were canceling orders for toys from Huntar Company Inc.’s factory in Guangdong Province, China. But Huntar CEO Jason Cheung, 45, had already halted production at the 600,000-square-foot ...
In the subsequent earnings call, Chief Financial Officer Gina Goetter said that tariffs ranging from 50 percent to the current rate of 145 on Chinese imports, as well as the 10 percent global baseline ...
said “roughly 80 percent of toys sold in the US are made in China”. In 2024, the US bought $439bn worth of goods from China, while it sold $143.5bn to it.
Jesusdoll.com CEO David Mauro said his toy company is racing to import inventory from China after the U.S. eased tariffs for 90 days.