Monday 27 September 2010

Bid speculation for Burberry? 27/9/10


Just a quick update for this morning based on reassuring data from the US. The FTSE has risen this month, 7.1 per cent so far. On track for the best monthly performance since August 2009, it seems that the global economy might be on the mend! Something that caught our attention, is the bid speculation surrounding Burberry (BRBY.L). The stock gained 6 per cent, with traders talking of bid interest from a US private equity firm... Very early days, but certainly something to watch! Head to Reuters for more info....

Image credit:counterfeitchic.com

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Posted by MO at 12:00 pm

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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, www.moluxury.com.au