Robert Williams Bloomberg

In his ninth-floor office on Paris's Avenue Montaigne, Europe's wealthiest man, Bernard Arnault, is spending long hours plotting a post-virus future for his luxury goods empire, LVMH. At 71, the billionaire has lived through several crises, but none quite like this one, with his armada of more than 70 brands -- from Dior to Fendi -- hit from all si...

As President Donald Trump targets Champagne in an escalating trade tussle with Europe, makers of one of France's quintessential luxuries are losing support from domestic drinkers.

Versace, known for its flamboyant style and Medusa-head logo, hired Chief Executive Officer Jonathan Akeroyd in 2016 from Alexander McQueen. The company had been working toward an initial public offering, though market conditions haven't allowed it to move ahead.

In his ninth-floor office on Paris's Avenue Montaigne, Europe's wealthiest man, Bernard Arnault, is spending long hours plotting a post-virus future for his luxury goods empire, LVMH. At 71, the billionaire has lived through several crises, but none quite like this one, with his armada of more than 70 brands -- from Dior to Fendi -- hit from all si...

As President Donald Trump targets Champagne in an escalating trade tussle with Europe, makers of one of France's quintessential luxuries are losing support from domestic drinkers.

Versace, known for its flamboyant style and Medusa-head logo, hired Chief Executive Officer Jonathan Akeroyd in 2016 from Alexander McQueen. The company had been working toward an initial public offering, though market conditions haven't allowed it to move ahead.