January trading update was very good,helped by opening new stores in Australia(Melbourne) and Malaysia (Kuala Lupa) plus stores in Hong Kong and Singapore. Trading update due again on April 14th,price is looking fairly good now, and i would expect April's update to increase the price again. As always dyor.

i suspect the sell-off was overdone ..... may take a peek tomorrow

This stock has amazed me, along with asos.

it's not a stock i have ever really followed, though i know the top end has generally fared much better than high street ...... if i buy, it will be as a view to trade

Dont get your fingers burnt. :-)) To risky for me.

Another retailer impressing with a new opening is Burberry (LON:BRBY) after its new flagship Regent Street store wowed Seymour Pierce analysts.

“Management has raised the bar yet again, we believe, reinforcing its position at the leading edge of retail and fashion,” said the broker’s retail analyst Kate Calvert.

She reiterated her ‘buy’ rating and 1,700 pence target price for the luxury fashion brand.

Second Quarter Retail Sales

In advance of an active investor relations programme during the rest of September, and given a more challenging external environment for the sector, Burberry today announces retail sales for the second quarter to date.

Against strong comparatives last year, retail sales growth at constant exchange rates was 6% in the 10 weeks to 8 September 2012. Of this, new space contributed 6% while comparable store sales were unchanged year-on-year, with a deceleration in recent weeks. Ahead of the key retail trading period in the second half, Burberry currently expects adjusted profit before tax for the twelve months to 31 March 2013 to be around the lower end of market expectations.


Angela Ahrendts, Chief Executive Officer, commented:

"As we stated in July, the external environment is becoming more challenging. In this context, second quarter retail sales growth has slowed against historically high comparatives. Given this background, we are tightly managing discretionary costs and taking appropriate actions to protect short term profitability, while continuing to execute on our proven five key strategies."

Wednesday November 7 =

• Luxury fashion brand Burberry appears to have steadied the ship after its shock profits warning in September. Interim results this week should prove that, with investors keen to hear from chief executive Angela Ahrendts on the economic outlook for China, the UK, and US.

Burberry third-quarter revenue up 9 percent

LONDON | Tue Jan 15, 2013 7:13am GMT

(Reuters) - British luxury brand Burberry posted a 9 percent rise in third-quarter underlying revenue as its wealthiest shoppers continued to spend even though some of its more aspirational consumers were impacted by faltering economies.

The 157-year-old seller of raincoats and leather goods, known for its camel, red and black check pattern, said on Tuesday it made 613 million pounds of revenues in the three months to December 31.

That compared with analysts' average forecast of 602 million pounds, according to a company poll, and 574 million pounds in the same period last year.

Full year profits from Burberry fell 10%, at the bottom of analysts' range of estimates, as the fahion retailer announced £100m of cost savings to help it cope with the "challenging" environment. Chief creative and chief executive officer Christopher Bailey said: "We continue to see significant opportunities ahead of us and have put ambitious plans in place to increase future revenue, enhance productivity and create a more efficient organisation."

Good bounce this morn, something afoot?