Celebrating its 16th year, the 2020 Financial Times Business of Luxury Summit will be held for the first time in Athens, the capital of a country enjoying an economic resurgence and therein an inflection point in its luxury market. The Greek economy is currently outpacing the Eurozone by 2 per cent and forecast to grow to 2.2 per cent in 2020. Luxury spending from tourism is booming and locals are increasingly spending on a growing number of local designers with an international reputation.
The Summit takes place during a time of economic instability across Europe with a slowdown in the core of the Eurozone, trade friction among global superpowers both East and West, yet despite this, the growth of the luxury market persists. How can the industry react to evolving spending patterns and a new generation of consumers? Is the rise of e-commerce sustainable? How can luxury players harness consumer data to make smarter decisions? Where are the new markets for growth and what are the latest investment opportunities?
Chaired by the FT's editor, Lionel Barber and How To Spend It editor, Jo Ellison and the FT's new fashion editor, Lauren Indvik, you will be joined by leading executives from the industry as well as innovators and financiers to debate the latest changes in the luxury narrative and what lies ahead.