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Labubu dolls made up 90% of fake toys seized at UK border
Posted onLabubu dolls made up 90% of the £3.5m worth of fake toys seized at the UK border so far this year, according to Home Office data. Labubu is a quirky monster character created by Hong Kong-born artist Kasing Lung, and popularised through a collaboration with toy store Pop Mart. Although they are mainly marketed as…
Why your chocolate is getting smaller, more expensive and less chocolatey
Posted onArchie MitchellBusiness reporter Getty Images Crack open a tub of Celebrations or pull a Terry’s Chocolate Orange from a stocking these days, and have you noticed, there seems to be a little less to go around? Not only that, you might find – no, it is not your imagination – that some popular treats taste…
Five carmakers go on trial over emissions cheat claims
Posted onEmer MoreauBusiness reporter Getty Images A major lawsuit against five leading carmakers accused of cheating on emissions tests is set to begin at the High Court on Monday. The trial is the latest chapter of what has become known as the “dieselgate” scandal, with the companies facing allegations they used software to allow their cars…
Kim Kardashian’s Skims hits $5bn valuation
Posted onOsmond ChiaBusiness reporter Getty Images Skims, the shapewear brand co-founded by celebrity and entrepreneur Kim Kardashian, says it has raised $225m (£171.5m) of new funding, bringing its value to $5bn. The company says it plans to use the money from investors, including an arm of Wall Street banking giant Goldman Sachs, to open more shops…
