Moynat and Kasing Lung Launch Labubu Capsule Collection

A leather minaudière shaped like Kasing Lung's popular Labubu character will debut as part of a Moynat capsule collection, priced at SGD3200.

JS
Jasmine Santos

June 2, 2026 · 2 min read

Moynat's Labubu minaudière, a whimsical leather handbag shaped like Kasing Lung's character, displayed in a luxury boutique setting.

A leather minaudière shaped like Kasing Lung's popular Labubu character will debut as part of a Moynat capsule collection, priced at SGD3200. This item joins a comprehensive 13-item lineup, spanning from whimsical bag charms to full-sized travel trunks, showcasing a broad luxury offering, according to WWD.

Luxury brands are increasingly embracing whimsical, pop-culture collaborations. Yet, they simultaneously maintain or even increase their ultra-premium price points.

These collaborations are a strategic move. Moynat aims to expand market reach and cultural relevance without diluting its exclusive positioning, potentially setting a new standard for luxury brand engagement and collector demand.

Premium Strategy: Art, Price, and Reach

Moynat's Labubu collection showcases a strategic pricing model. The M Tote ranges from SGD3100 to SGD3300, the 48H Mini crossbody is SGD3200, and a Hobo bag hits SGD3700, all reported by Bagaholicboy. Even smaller hanging charms carry a SGD550 price tag. This consistent high pricing, even for 'entry-level' items, reinforces Moynat's luxury exclusivity. It attracts new, younger collectors to its premium tier without compromising brand positioning.

The SGD3200 Labubu head minaudière, priced comparably to a functional 48H Mini crossbody, positions the character as a luxury art piece, not just an accessory. Its artistic and collectible value is highlighted by this positioning. While WWD lists a 'Mignon bag' and i-D mentions a 'Mini 48h,' Bagaholicboy prices a '48H Mini crossbody.' These naming variations suggest the collection might be more extensive or varied than initially perceived from a single source.

The collection launches globally in October 2025, but a specific Hong Kong release on 5 December 2025, reported by Russh, signals a targeted push. This deliberate timing focuses on the lucrative Asian market, converting Kasing Lung's fanbase into loyal luxury clientele. Moynat is building a sophisticated funnel, drawing in new collectors at accessible points while reinforcing its appeal to existing high-end clients.

This strategic blend of pop culture appeal and unwavering luxury pricing appears likely to redefine how high-end brands engage with broader audiences while preserving their exclusive allure.

What is the Moynat Labubu Kasing Lung collaboration?

This collaboration unites French luxury house Moynat with Hong Kong artist Kasing Lung, featuring his popular mischievous elf-like character, Labubu. The collection spans exclusive leather goods and accessories, blending Moynat's craftsmanship with Labubu's whimsical charm.

What is Kasing Lung's Labubu character?

Labubu is a popular mischievous elf-like character created by Hong Kong contemporary artist Kasing Lung. Known for its playful expressions and distinctive ears, Labubu originated in Lung's fantasy art toy series and has gained significant global appeal, especially in Asia.