Clothing & Shoes
Burberry relegated from FTSE 100 as share price falls
Over the past six months, Burberry’s share prices have fallen by around 50% after a slowdown in demand across the luxury sector
Burberry has been relegated from the FTSE 100, having been in the tier for 15 years, after its share price plummeted this year following weaker sales. According to the latest FTSE Russell quarterly review, the luxury clothing brand now joins the FTSE 250, with insurer Hiscox taking its place in the FTSE 100. The changes will take effect from 23 September.
You'll need to
subscribe to unlock this content. Already subscribed? Login?
