The original ugly-cute toy sold by Chinese variety retailer Pop Mart has spawned plenty of copycats, and they are becoming big businesses in their own rights.
The Swiss watchmaker’s local profits are up 25 per cent this year, but accounts lodged by Chanel, Louis Vuitton and other majors show serious weakness.
She’s already a social media phenomenon. But can this mum of three parlay her experience in marketing to become a bona fide beauty and haircare start-up backer?
The cosmetics empire is owned by its billionaire founder Jo Horgan and her husband Peter Wetenhall and has long been secretive about its financial performance.
Driven by Millenials and Gen Z influencers, a 30-year-old franchise is booming. And there’s a surprising winner: 75-year-old Banter Toys founder Garry Isaacs.