CBX Daily 4/10/2024

Author

Keyanna Harper
April 10, 2024

Today the resale market is your ticket to Birkin luxury, but let’s start with how Black voices need amplification in the book industry…

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Creative Book Industry Lacks Black Perspective With 4% Representation

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The lack of diversity in the creative book industry is a hot topic with Black writers and editors being underrepresented. Currently, 78% of the publishing industry is white, with only 4% Black representation. Diversity is far from where it should be for the Black perspective in an industry of all-white publishing. How can we expect to create literature that reflects the world as it exists if our authors are underrepresented?

Birkin Bag Resale Market Is On Fire

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In the world of luxury fashion, few items hold as much allure and prestige as the Hermès Birkin bag. Renowned for its exquisite craftsmanship and exclusivity, the Birkin bag has become a symbol of wealth and status as the resale market for these bags has doubled in five years. Hermès also benefited from some free marketing as well, thanks to rappers like Cardi B and the City Girls, constantly showcasing their collections.

Unraveling AT&T's Personal Data Leak Impact On The Black Community

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AT&T’s (T+0.28%) recent data leak of 73 million current and former customers exposed tons of personal information. When it comes to data breaches they are often more problematic for people of color living on fixed or low incomes, raising serious concerns about digital equity and cybersecurity. Mitigating widespread damage from this data breach to these communities is imperative for AT&T to restore consumer confidence.

Calculating The Rising Black Youth Mental Health Crisis Costs

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Costs of mental health are beyond dollars; it costs lives which is an incalculable loss. The mental health industry was a $383.31 billion sector in 2020 and is estimated to reach $537.97 billion by 2030. A new CDC report highlighted the suicide rate for Black girls and women ages 10 to 24 increased more than 30% in 2020 and 23% among Black boys and men in the same age group, as the multi-billion mental health sector continues to thrive while leaving some people behind.

How Fashion Resale Is Fueling Style And Sustainability

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It's a fact that not everyone will wear a new Gucci belt or rock the limited high-end brand pieces released occasionally for a selected few. However, with the resale culture, common folk will get access to luxury and high-end fashion items at more affordable prices. You'll get to experiment with new styles and brands without breaking the bank. All this is thanks to the emergence of various resale platforms and strategic partnerships with retail giants who want to venture into the billion-dollar industry.

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