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UPDATE 1-Burberry shines as European shares edge higher

European stock markets crept higher on Tuesday as investors awaited the first flood of second quarter earnings releases, with London's FTSE 100 boosted by a first-quarter pickup in sales for Burberry. Shares in the British luxury brand surged 8.5%, putting it on course for its best day in 7 years, as investors cheered the first signs of results for new designs by creative chief Riccardo Tisci, part of a broader brand reboot. Italian shares dipped 0.2% as Fiat Chrysler slid 3.7% after Goldman Sachs recommended selling the carmaker, while Germany's DAX was propped up by a ruling for chemicals firm Bayer cutting damages it must pay in a U.S. court case.
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