Iger will be replaced by Disney Parks chairman Bob Chapek.
Our editors also discuss Supreme’s SS20 lookbook and Jeff Bezos’ $10 billion USD Earth Fund.
Including liabilities, the deal will cost around $300 million USD.
Each company has warned of strained Chinese business.
The tech giant’s quarterly revenue fears also drag down chip manufacturers.
The billionaire CEO reveals the Bezos Earth Fund.
CEO François-Henri Pinault also confirmed that he dropped out of last year’s Versace bidding.
However, PlayStation and Xbox formed the strongest bonds with Millennial and Gen Z consumers.
With Gucci contributing approximately $10.42 billion USD alone.
Just half a billion behind Facebook.