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.

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?