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.

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?