The Financial Times will host its fifth annual FT Business of Luxury Summit on June 14-16 at the Salle des Etoiles in the Sporting Monte-Carlo, Monaco. Chaired by Lionel Barber, editor of the Financial Times, this year’s Summit will bring together the business leaders of the world’s luxury industry and senior financiers to debate key issues facing the global luxury sector. Previous Summits have been held in Las Vegas, Shanghai, Venice and Tokyo.

The theme of this year’s Summit is ‘Beyond Green: Economics, Ethics and Enticement’. Lively debate is expected on the effect the current economic crisis has had on the luxury sector, how it has changed the way companies do business, its implications and the steps that need to be made towards a more ethical and environmentally friendly future.

Distinguished speakers include Bernard Arnault, Chairman & CEO, LVMH Moët Hennessy - Louis Vuitton; Diego Della Valle, Chairman & CEO, Tod’s Group;

Angela Ahrendts, CEO, Burberry; Simon de Pury, Chairman, Phillips de Pury & Company; Jim O’Neill, Global Chief Economist, Goldman Sachs; Tyler Brûlé, Editor in Chief, Monocle; Alex Bolen, CEO, Oscar de la Renta Ltd; Joshua Schulman, CEO, Jimmy Choo; and Malcolm McLaren, artist.

Lionel Barber, editor of the Financial Times said “The global economic crisis has forced luxury sector companies to reassess their marketing strategies. The increasing demand from consumers for ethical and environmental products means that achieving environmental goals is more important than ever. This FT Summit will focus on these issues.”

The FT is renowned for its coverage and analysis of the Luxury world, and this Summit, now in its fifth year, is the premier event for evaluating the business issues facing the industry. The Summit attracts senior executives from global luxury brands, luxury consultants, brand experts, fund managers, M&A specialists and securities and retail analysts.

More information on the 2009 FT Business of Luxury Summit is available online at www.ftbusinessofluxury.com.

For further information, please contact:

Kristina Eriksson, Financial Times, +44 20 7873 4961 or kristina.eriksson@ft.com