LONDON, June 20 (Reuters Breakingviews) - China's answer to Hello Kitty is a plushy doll with a wicked, toothy grin. Known as Labubu, it has powered a 500% stock rally for its Hong Kong-listed owner ...
Shares of Sanrio Co., the brainchild behind the Hello Kitty franchise, surged in Tokyo after the company signed a licensing deal with a unit of Alibaba Group Holding Ltd. that will expand its reach in ...
With its accelerated expansion in China, Sanrio seeks to consolidate itself not only as a licensing company, but as a global powerhouse in entertainment, retail and pop culture capable of competing ...