FT Business of Luxury Summit to convene in Monaco

Luxury brands including Burberry and Louis Vuitton to debate economics and ethics

Monte Carlo Bay Hotel & Resort
Monte Carlo Bay Hotel & Resort

Burberry, Louis Vuitton and Oscar de la Renta are among speakers at this summer's FT Business of Luxury Summit.

The annual event will be hosted at Monte Carlo's Salles des Etoiles in June, and will be attended by luxury brands, luxury consultants, brand experts and retail analysts. Guests will be staying at several properties in Monaco, including the Monte Carlo Bay Hotel and Resort and the Hermitage.

This year's theme is ‘Beyond Green: Economics, Ethics and Enticement'. Debates are expected to centre around the impact of the economic crisis on the luxury sector and future plans for businesses to become more ethical and environmentally friendly.

Financial Times editor Lionel Barber 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."

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