Monday, 14 December 2009

Share Rise For Burberry And LVMH – 14/12/09

Burberry shares jumped 3.1 percent last week while LVMH is up 1.8 percent.

Broker Barclays Capital said that the outlook was positive for Burberry, “particularly driven by private consumption growth, strength in emerging markets and stock market performance.”

For LVMH, the broker also initiated an "overweight" recommendation, describing the firm as “its top pick among soft luxury names.”

Click here to read more at Reuters.

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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,