Let $1\leq p,q\leq\infty$, $s\in\mathbb{R}$ and let $X$ be a Banach space. We show that the analogue of Marcinkiewicz’s Fourier multiplier theorem on $L^p(\mathbb{T})$ holds for the Besov space $B_{p,q}^s(\mathbb{T};X)$ if and only if $1\ltp\lt\infty$ and $X$ is a UMD-space. Introducing stronger conditions we obtain a periodic Fourier multiplier theorem which is valid without restriction on the indices or the space (which is analogous to Amann’s result (Math. Nachr.186 (1997), 5–56) on the real line). It is used to characterize maximal regularity of periodic Cauchy problems.

AMS 2000 Mathematics subject classification: Primary 47D06; 42A45