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Burberry shares rise following London Fashion Week 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 chairman David Tyler, turned out to see Burberry’s return to the London catwalk. The British fashion house usually shows at Milan Fashion Week but changed location to celebrate LFW’s 25th anniversary.

The collection received rave reviews from the fashion press. See backstage and runway pictures here.