That might be true of handbags, I am doubtful it is true of dolls. A handbag is a necessary accessory and has been for decades. The popular brands grew their way there slowly over many years. A company that explodes into popularity suddenly for a product people never knew they needed is likely to only stay in the spotlight for a short while and is best served taking advantage as best they can.

I agree that cashing in quickly before the fad faded was probably the right move for Labubu. However, there’s no world where Birkins (or other designer handbags) are a “necessary accessory”.