Shanghai police bust gang selling counterfeit Labubu toys
Police in Shanghai busted a gang making and selling fake Labubus this month, detaining eight people and 5,000 counterfeit toys worth $1.7 million, local state-owned media reported.
Made by Beijing-based toymaker Pop Mart, Labubu dolls have become a must-have item internationally, adorning the handbags of celebrities such as Rihanna and Dua Lipa.
The furry, fanged creatures, which typically sell for around $40, are released in limited quantities and have caused frenzies at stores around the world.
Knock-offs -- many of which are also made in China -- have flooded online platforms, dubbed "Lafufus" by social media users.
The Shanghai bust in early July uncovered 12-million-yuan ($1.7-million) worth of fake Pop Mart toys, state-run Shanghai Daily reported late Tuesday.
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