Friday, 25 September 2009

Burberry Shares Surge Over 5 Percent – 25/9/09

Burberry shares surged 5.4 percent after their Chief Executive Officer, Angela Ahrendts, said the luxury brand’s U.K. business is “on fire.”

This is more good fortune for Burberry, who recently joined the FTSE 100 Index (see the MO Down on 10 September for full details).

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Who's behind the MO DOWN

Melinda O’Rourke is the founder and Director of MO Luxury, a dynamic, Sydney-based management firm specialising in luxury brands and services. Melinda and her associates at MO work with local and international brands across prestige retail, fashion, fine jewellery, timepieces and specialised services. Melinda is well-connected, well-read, and well-versed in the demands of the luxury market and its client base. Her advice is firmly based in objectivity and ultimately, accountability. Melinda offers constructive counsel and both strategic and creative thinking and is able to draw upon a strong network of specialised talent to compliment the MO Luxury team as needed. Melinda enjoys excellent industry relationships and is regularly quoted in the business and fashion media. Read more about MO Luxury,