Saturday, September 26, 2009
Burberry shares rise following LFW comeback
Burberry's shares were up 5.5% to 502.5p yesterday, following a much acclaimed catwalk show, which closed London Fashion Week on Tuesday.
Confidence in the luxury fashion label has grown following comments from chief executive Angela Ahrendts, who reportedly said that “the UK business has been on fire for quite a while now”.
More than 1,500 guests including US Vogue editor Anna Wintour, Arcadia owner Sir Philip Green, M&S chief executive Sir Stuart Rose and Sainsbury
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