Competition for plush toys is heating up, with British monster-like characters, Fugglers, emerging from the shadows following the recent runaway success of Labubu, a collectible doll created by a Hong Kong designer. Fugglers, which recently appeared on the popular Chinese social media platform RedNote, stretch the “ugly-cute” moniker to the extremes. They are threatening to steal the limelight from Labubu, designed by Hong Kong-born Lung Ka-sing and manufactured by Beijing-based Pop Mart. Labubu...