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Gagosiar, Simon Lee, Betty Cuningham are just some of the art galleries that have taken a hit and sunset their services. The closure of art galleries has had a significant impact on artists and collectors alike, with both groups now having to navigate new challenges in the industry. The art industry has been taking a hit notably falling 4% to lows of $65 billion which has been the lowest in the last three years.

Is there art beyond brick walls?

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Kering (KER.PA -3.13%) , the French luxury group that owns Gucci, Yves Saint Laurent, Bottega Veneta, Balenciaga, and other luxury brands, warned that first-quarter revenues are expected to decline 10% from last year’s $5.5. billion. The announcement is rare for Kering, number two in the global luxury market. The conglomerate projects its flagship brand, Gucci, to be off nearly 20%, down from $2.8 billion.  

It’s a luxury rollercoaster

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As a number of neobanks, also known as digital banks, come online they are building products catered to very specific markets. When you consider the Black community makes up 30% of the underbanked group in the U.S., according to the Federal Deposit Insurance Corporation, neobanks can be a real game-changer for this demographic. Is it possible for these new digital banks to make a measurable impact on financial inequality and address issues of access, fairness, and fees that have often had a discriminatory legacy?

Banking on the edge

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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.

Beauty is the new tourism hustle

Blockchain and agriculture intertwined? Let’s “Wait On It” and see how it unfolds. Jeremih, Chris Brown and Bryson Tiller is the trio we didn’t know we needed. Get into it in our CBX Vibes!