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The Labubu Effect, Bombas On Track for $500M in Sales, J.Crew's Cultural Capital

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September 2, 2025

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Designer toys, cute trinkets and collectible accessories have been hot-ticket items lately, thanks in large part to social media’s trend machine, with the global key-chain pendant market now projected to be worth more than $28 billion by 2033, up from less than $18 billion in 2023, according to researcher Spherical Insights. That's thanks in part to the rise of Labubus, which have probably taken over your social media feed. Elsewhere in the retail world, sock giant Bombas says it’s on track to make around $500 million in revenue in 2025, an unspecified “double-digit increase” from the previous year. And J.Crew's new CEO wants the brand to regain its former American cultural clout. Bloomberg Businessweek Editor Anne Riley Moffat joins Bloomberg Businessweek Daily to discuss.

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