BUZZ-Jimmy Choo: best day in 5 mths on robust update

** Jimmy Choo (LSE: CHOO.L - news) +9.4%, biggest one-day rise since Jan and easily top of FTSE 250 after robust update in the face of difficult market conditions for luxury sector

** Makes a good start to the year, trading in line with its expectations

** "Others may be suffering but Choo is not," Liberum says, upgrades to "buy" v "hold"

** Stock down by a third YTD (until Tues close); sector struggling in face of poor demand in Europe, downturn in key Hong Kong and US markets

** Liberum flags scope for Jimmy Choo growth in China vs luxury industry which is over stretched; Choo has 10% new space planned globally in 2016

** Broker notes Jimmy Choo's 3-year EPS CAGR of 20% is at the top of the range for the peer group while the company is at an 18% discount to the sector on a PE basis (RM (LSE: RM.L - news) : tricia.wright1.thomsonreuters.com@reuters.net RM:esha.vaish.thomsonreuters.com@reuters.net)