NYT:
“Labubu’s popularity has been a huge success,” said [] a senior economist at French bank Natixis. “However, there is an emerging concern that there is no second growth driver.”
Related:
Three things missing on Nike collapse.
— Darren Rovell (@darrenrovell) April 3, 2026
1. Focus on retro cushed them. Literally embracing a customer growing older.
2. Today’s kid doesn’t get excited about the swoosh. They lost all buzz. My boys would rather GOAT or The Drip Shop.
3. Completely abandoned storytelling. https://t.co/wfI6iiIsVj
(I'm always stunned when I see the cost of a Nike clothing item)