Friday 2 October 2009

Burberry Shares Climb Again After RBS Upgrade – 2/10/09

Shares in luxury goods brand Burberry Group rose 1.6 percent after the Royal Bank of Scotland (RBS) upgraded its stance on the stock to "buy" from "hold".

RBS says the brand remains deeply under-developed, providing attractive opportunities for growth. Click here for more from Reuters. And also consult the MO Down for 25 September, when we reported that Burberry Shares Surge Over 5 Percent.

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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, www.moluxury.com.au