CBX Daily 4/11/2024

Author

Claire Moraa
April 11, 2024

Today the book industry could use some Black representation to shine, but let’s start with how Black women are showcasing their brilliance…

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Women Of Color Secure More Seats At The Boardroom Table

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According to recent data, women of color now hold 5% of private board seats, which is an increase from 3% in 2020. Additionally, the number of boards that lack women representation also fell significantly by almost half from 60% to 32%. This indicates a positive trend towards increased representation and diversity in private boardrooms.

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.

Vibes of the Week

“Get It Sexyy” is Sexyy Red’s message to women securing big seats in the boardroom. Get into it our CBX Vibes!