
The collectible plush toy Labubu made headlines last week when British Prime Minister Keir Starmer visited China for a high-stakes diplomatic reset. Among the touted achievements was maker Pop Mart’s announcement of a massive Oxford Street flagship to anchor its European expansion. For the UK, this meant inward investment and jobs. For China, it was a soft-power masterstroke, proving that cultural relevance exports better through “ugly-cute” charisma than stiff officialdom.
The toys, with their serrated teeth, unsettlingly wide eyes, and chaotic nine-toothed grins, have ascended to global stardom. These small monsters have become exhibits in how we define value. Even adults now treat them like holy relics.
Labubu is intentionally “ugly.” Designer Kasing Lung drew on Nordic folklore to create something primal and mischievous, rejecting the sterile perfection of traditional dolls. But the “ugly-cute” aesthetic is merely the hook. The frenzy is propelled by curated rarity.
During COVID-19 isolation, the “blind box,” a sealed package concealing which character sits inside, became a vital dopamine delivery system. You aren’t buying a toy; you’re buying a high-stakes gamble. With rare editions commanding premium prices on secondary markets, a $30 impulse purchase transforms into a high-yield asset and a badge of persistence, community status, and luck.
The phenomenon shows that luxury is about signaling, not objects. When a Labubu dangles from a celebrity’s $25,000 Hermès Birkin, it broadcasts pure counter-culture: wealth to afford the bag, playful confidence to subvert its seriousness. It bridges high-brow luxury leather and low-brow plush toys, creating a “clued-in” status symbol. The pairing isn’t a clash but a narrative upgrade.
Idea for Impact: Labubu is proof that luxury is the story. People crave not objects, but the stories they enable. A $30 toy becomes priceless through scarcity, surprise, and status, demonstrating that value is psychological, not material.
.jpg)
Ryanair’s CEO Michael O’Leary has long been one of my most admired businessmen. His achievements speak for themselves, but what has always impressed me even more is the consistency of his communication and the clarity of the philosophy that underpins everything he does.
His flair for humorous controversy goes back years. During a 2001
In 2023, a video of the Dalai Lama interacting with a young boy at a public event in India ignited
Originality is often idolized, portrayed as a spark of genius that materializes out of thin air. But the truth is far more practical: most great ideas begin as refined imitation. Innovation isn’t rebellion; it’s mutation. It builds upon what has come before and reshapes it into something unexpected.
The new year marked 
When Alan Mulally became Ford’s CEO in September 2006, the company was teetering on the
At this year’s Cannes Film Festival, a group of Danish filmmakers unveiled a manifesto for a cinema movement called Dogma 25. Building on the radical spirit of
It’s a curious feature of our age that we still require, by law, ashtrays in the lavatories of commercial aircraft. Not because we’re nostalgic for the days when the skies were thick with the fug of unfiltered Marlboros, but because—despite decades of prohibition—someone, somewhere, will inevitably decide the rules