CBX Daily 3/24/2025

Author

Sabrina Lynch
March 24, 2025

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Apple Shareholders Are Taking A Stand On DEI Initiatives  

CBX Vibe

After a tumultuous two months of watching brands retreat on their diversity, equality and inclusion (DEI) commitments, Apple (AAPL -0.24%) shareholders took a stand by keeping their DEI initiatives intact and within business. After the National Center for Public Policy Research (NCPPR) proposed Apple dismantle its DEI policies under the premise that pursuit of this programming  posed a financial risk, it was unanimously shut down. The message sent was loud and clear - DEI will be staying at Apple despite growing political pressure. 

BBL Surgery Fuels Growth In The $200 Billion Medical Tourism Industry  

CBX Vibe:

As the cost of healthcare care continues to rise in the U.S., medical tourism, a process of traveling to a different country for procedures is becoming increasingly popular. Pop culture stars like Kim Kardashian West and Nikki Minaj who receive major attention for their shapely physiques have become the modern-day apogee of plastic-surgery normalization. With cost savings of up to 90% for surgical or cosmetic procedures, the medical tourism market is expected to reach more than $200 billion globally by 2027.

Gen Z And AI Experts On The Rise As Chief Transformation Officers Fade Out                      

CBX Vibe:

As we enter a new era in the workforce, the traditional C-suite landscape is moving toward a rapid transformation. The relentless pace of artificial intelligence (AI) innovation is expected to make several critical executive roles, particularly chief transformation officers, obsolete within the next five years, marking the emergence of a new landscape where chief AI officers and chief information/data officers will become more prominent.

Tune-in Tuesdays!

LVMH is lifting the age limit for its CEO position, allowing Bernard Arnault to stay at the helm until 85. Is this a testament to his unmatched leadership and vision, or does it raise concerns about succession planning and the lack of a clear pipeline for young leadership at LVMH?

A. "Irreplaceable" by Beyoncé – Arnault’s leadership is seen as timeless, and LVMH believes his experience and vision are irreplaceable, making age just a number in the luxury empire’s success
B."Young Forever" by Jay Z & Mr. Hudson – LVMH doesn't see an immediate successor with the same level of vision, or that it prefers to maintain Arnault’s leadership during uncertain economic times
C. "The Show Must Go On" by Queen – This move highlights the challenges of leadership transition and filling C-suite roles which LVMH is not prepared for

What are your thoughts on this? Tune in next Tuesday to see which jam captures the prevailing sentiment!

A  |  B  |  C

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Last week’s results are in and it’s seems that turnovers in C-suite are just a phase ‘When You Believe’ in finding the right person

U.S. Retail Sales Decline Sharply Amid Economic Uncertainty                     

CBX Vibe:

Retail sales in the U.S. saw a sharp decline in January, dropping 0.9%, the largest monthly decrease in nearly two years. This downturn reflects mounting pressure on the economy, as looming tariffs, persistent inflation, and extreme weather conditions continue to impact both businesses and consumers. Hurricanes, wildfires, and winter storms have disrupted supply chains, damaging retail infrastructure, delaying shipments, and limiting product availability.

Why There's A Millionaire Exodus & Their Next Destination                     

CBX Vibe:

There's a global wealth migration looming with 0.24% of the total global millionaire population planning to relocate in 2025. A good number of these high-net worth individuals are looking at UAE and Singapore as potential locations. With the murky waters in countries facing political and financial instability, the migration is imminent but on the bright side, the number of millionaires is always on the rise as in 2024, there was a 5.1% increase in the number of millionaires.

Vibes of the Week

Looks like Apple investors won’t “Close The Door” on DEI initiatives as told by Moneybagg Yo in our CBX Vibes!