Burberry Returns to FTSE 100 Blue Chip Index on London Stock Exchange

Burberry Returns to FTSE 100 Blue Chip Index on London Stock Exchange

Since CEO Josh Schulman joined last year, Burberry's share price has more than doubled, and his turnaround strategy has begun to take hold.

Burberry to return to FTSE 100 after a year's absence as overhaul strategy gains pace

The upgrade to the blue-chip benchmark comes as part of a quarterly reshuffling.

Burberry to Rejoin UK Blue-Chip Benchmark After One-Year Absence

(Bloomberg) — A year after losing its spot in Britain’s blue-chip benchmark, Burberry Group Plc is returning to the UK’s stock-market elite.

Burberry to return to FTSE 100 after a year’s absence as overhaul strategy gains pace – RetailWit

The upgrade to the blue-chip benchmark comes as part of a quarterly reshuffling.

Burberry to reclaim FTSE 100 spot as luxury turnaround takes hold - Retail Gazette

Burberry will reclaim its spot in the FTSE 100 later this month, signalling growing investor confidence in the luxury brand’s ongoing turnaround under chief executive Joshua Schulman. The British fashion retailer, which was relegated to the FTSE 250 last year after 15 years in the top tier, will re-enter the blue-chip index on 22 September as part of FTSE Russell’s quarterly reshuffle. Shares in Burberry have surged nearly 95% since Schulman too…