Labubu, a plush toy that can cost as little as $22, has become a luxury must-have thanks to celebrities and social media. Go get one for your Birkin.

These elf-looking dolls are being clipped onto luxury bags and styled into custom couture, with likes from Rihanna, Dua Lipa ...

Labubus are a global sensation — sparking long lines outside toy stores, selling out online within minutes, and listing for double or triple their original price on resale markets. Here's why.