Britain's top shares gained slightly early on Monday as disruption to nuclear power after a massive earthquake in Japan boosted energy firms, but Burberry slid on fears that demand there for luxury goods would slump.
Hermes family shareholder Nicolas Puech is open to a partnership with luxury giant LVMH, which has built up a 20 percent stake in its smaller rival, as long as Hermes retains its freedom, he told a newspaper.
Women's apparel retailer Coldwater Creek Inc posted weak fourth-quarter results as its products did not sell well during the holiday season and the company does not expect sales to improve in the near term, sending its shares down 12 percent.
The world's biggest watchmaker Swatch said Thursday that it expects exceptional growth in 2011 and aims for annual sales of 10 billion francs (7.7 billion euros, $10.7 billion) in about three years."We are in an exceptional situation.