Moynat and Kasing Lung unveil Tokyo-exclusive Labubu capsule at DSM Ginza

Dover Street Market Ginza will be the only place to buy Moynat and Kasing Lung’s Tokyo-exclusive Labubu capsule when it lands on June 10. The 13-piece lineup turns the collaboration into a high-stakes collector drop, with the Japanese launch timed just ahead of the Tokyo stop of the 10th anniversary exhibition tour.

The headline pieces are built for display as much as carry. The release includes a full-sized travel trunk and a leather minaudière shaped like Labubu’s head, with colorful detailing on the ears, nose and eyes. Moynat’s M Canvas appears in black and silver across the capsule, with artwork built around Labubu, Zimomo and King Mon, plus graffiti-style lettering that pushes the project beyond a simple logo swap. The assortment also reaches into smaller-entry territory with bag charms, tote bags, hobo styles, a Little Suitcase design and a Mignon bag covered in allover print.

For collectors, the key detail is access. This Tokyo release is tied to the exhibition circuit and is being positioned as a city-specific moment rather than a broad retail rollout. Moynat has said the collaboration is available only in cities hosting the exhibition, which keeps the supply tight and the window narrow. That setup gives Tokyo buyers the clearest shot, while also making the capsule feel more like a destination event than a standard fashion release.

The timing matters just as much as the product mix. POP MART’s Tokyo exhibition, MONSTERS BY MONSTERS: NOW AND THEN, opens on June 11 at Azabudai Hills Gallery and runs through July 5, placing the DSM Ginza launch one day before the show begins. Tokyo is the final stop on a tour that has already passed through Shanghai, Taipei, Hong Kong and Paris, and the exhibition itself spans eight immersive zones, including a world-premiere installation of The Story of Puca. That makes the Moynat capsule part of a larger Labubu calendar, not a standalone fashion tie-in.

The collaboration has been building for months. Moynat said the first chapter debuted in Shanghai on October 11, tied to the 10th anniversary of The Monsters, and the rollout then continued with a January drop and an Art Basel Paris appearance. Kasing Lung introduced The Monsters in 2015 as a trilogy of books, and this capsule shows how far that world has moved, from indie character lore into luxury leather goods with a timed, city-only chase attached.

For anyone tracking scarcity and prestige, June 10 at DSM Ginza is the moment to circle. The Tokyo capsule keeps the collaboration niche by design, but every stop in the anniversary tour pushes Labubu deeper into luxury collecting.