Financial Times Announces Inaugural FT Business of Luxury Summit

FT Summit to take place in Shanghai, May 2005

The Financial Times is to hold its first Business of Luxury Summit, in Shanghai, from 18-20th May 2005. The Summit will bring together around 400 senior level industry executives and institutional investors for an in-depth analysis of the strategic and competitive challenges facing luxury brands operating on the world stage. Delegates invited to attend this complimentary event will include the major industry players from the luxury goods companies, the consultancies and analysts who track the industry and the biggest institutional investors in the sector.

Andrew Gowers, editor of the Financial Times, will be chairing the Summit which will incorporate panel discussions and case studies on topics such as diversification, benchmarking performance and the challenges of new markets. The Summit will also include findings of new research by Bain, the global business consulting firm.

Su-Mei Thompson, Managing Director of the Financial Times in Asia, said:

"The FT has long been associated with stylish living and the luxurious habits of the influential and affluent through the Weekend FT and our award-winning magazine, How To Spend It. We have also recently expanded our business coverage of the sector with regular features on themes and topics relevant to the industry and its analysts and investors. The Business of Luxury Summit reflects the FT's commitment to this important and exciting sector. Our decision to hold the event in Shanghai reflects the growing importance of China on the world's business stage and its position as one of the fastest emerging luxury markets in the world."

 

Further information

For further information or to enquire about attending the Summit, please contact :

Katy Hemmings/Joanna Manning-Cooper, Financial Times,
+44 (0) 20 7873 3811/4447
Katy.hemmings@ft.com, joanna.manning-cooper@ft.com

Notes to Editors

The Financial Times Group, one of the world's leading business information companies, aims to provide a broad range of business information and services to the growing audience of internationally minded business people.  The FT Group includes:

  1. The Financial Times, one of the world's leading business newspapers, recognised internationally for its authority, integrity and accuracy.  Providing extensive news, comment and analysis, the newspaper is printed in 23 cities across the globe, has a daily circulation of over 425,000 and a readership of more than 1.6 million people worldwide.
  2. FT.com is one of the world's leading business information websites, and the internet partner of the FT newspaper. Since its relaunch in May 2002, the website has continued to be the definitive home for business intelligence on the web, providing an essential source of news, comment, data and analysis for the global business community. FT.com attracts 3.6 million unique monthly visitors, generating 58.2 million page views and has over 76,000 subscribers. FT.com broke even in December 2002.
  3. The FT Group's pan-European network of national business newspapers and online services including France's leading business newspaper and website, Les Echos and lesechos.fr, and Spain's leading business newspaper and website, Expansion and expansiondirecto.es.  In February 2000, the FT launched a new German language newspaper, FT Deutschland, with a fully integrated online business news and data service.
  4. Through FT Interactive Data, the FT Group is one of the world's leading sources of securities pricing and specialist financial information to global institutional, professional and individual investors.  Its products include eSignal, an online realtime streaming quotation service for brokers and active traders.
  5. FT Business, which produces specialist information on the retail, personal and institutional finance industries. It publishes the UK's premier personal finance magazine, Investors Chronicle, and The Banker, Money Management and Financial Adviser for professional advisers.
  6. The Financial Times Group also has a stake in a number of joint ventures, including;
    • FTSE International, a joint venture with the London Stock Exchange.
    • Vedomosti, Russia's leading business newspaper and a partnership venture with Dow Jones and Independent Media
    • A 50% stake in BDFM, publishers of South Africa's leading financial newspapers and websites.
    • A 50% stake in The Economist Group, which publishes the world's leading weekly business and current affairs journal.
    • A 13.85% stake in Business Standard, one of India's leading financial newspapers.

The FT Group is part of Pearson plc, the international media group.