Fashion
Burberry to rejoin UK blue-chip benchmark after one-year absence
By
Bloomberg
Published
September 3, 2025
A year after losing its spot in Britain’s blue-chip benchmark, Burberry Group Plc is returning to the UK’s stock-market elite.
The luxury-goods maker, best known for its tartan-plaid trench coats, will rejoin the FTSE 100 Index later this month, index compiler FTSE Russell said Wednesday.
The promotion marks another chapter in a revival being led by Chief Executive Officer Joshua Schulman, who took the helm in mid-2024 when the London-based firm was struggling to return to its former glories.
Burberry lost its place in the FTSE 100 shortly after Schulman joined, but a rally of more than 70% under his stewardship has boosted the firm’s market value to about £4.6 billion ($6.2 billion), taking it back into the blue-chip gauge. The CEO is successfully refocusing the label on its British roots and better promoting its flagship outerwear products, helping it resist a wider downturn in demand for luxury goods.
“The return to the FTSE 100 will be an acknowledgment of the recovery being seen in brand heat and demand driven by the new strategic direction,” said Adam Cochrane, an analyst at Deutsche Bank AG.
Inclusion in the FTSE 100 has the potential to spur further demand for the shares from funds that track the index.
“Being part of the index broadens the company’s access to investors, specifically passive ones, which would support share price post-entry as investors rebalance their portfolios,” said Jelena Sokolova, an analyst at Morningstar Inc.
Burberry is one of two companies joining the benchmark in FTSE Russell’s latest quarterly review, the other being Metlen Energy and Metals Plc. They replace student accommodation provider Unite Group Plc and homebuilder Taylor Wimpey Plc.
Metlen, whose business includes renewable energy, natural gas trading and aluminum production, joins the gauge only a month after listing its shares in London and moving its primary listing from Athens. Its inclusion had been flagged in an indicative index review last week.
Taylor Wimpey exits the benchmark after a 22% year-to-date drop in its shares reduced the firm’s market value to about £3.4 billion. Unite Group leaves after a drop in its shares in the final minutes of Tuesday’s trading session pushed its market value fractionally below that of another FTSE 100 homebuilder, Persimmon Plc.
Taylor Wimpey and Unite are among seven stocks slated to be added to the FTSE 250 index of UK midcap stocks, according to FTSE Russell’s review. Others include Johnson Service Group Plc and Oxford Biomedica Plc. Those being deleted from the FTSE 250 include Asos Plc, Auction Technology Group Plc and Bloomsbury Publishing Plc.
Fashion
The new economics of fashion: Trust, longevity and price discipline
Fashion demand in 2026 remains intact but more selective, with consumers spending cautiously and prioritising value, durability and versatility.
Intentional purchasing and promotion sensitivity are reshaping pricing dynamics and margin structures.
Polarised consumer behaviour is pushing brands to rebuild trust, justify full price and align sustainability with longevity.
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Fashion
US brand Calvin Klein unveils Spring 2026 denim with Jung Kook
Directed and shot by Mert Alas, the new chapter sharpens the focus on denim as the ultimate expression of personal style through icon Jung Kook’s distinctive and influential point of view as he lives in the moment.
Calvin Klein, owned by PVH Corp., has unveiled its Spring 2026 denim campaign fronted by BTS icon Jung Kook.
Directed and photographed by Mert Alas, the cinematic film fuses music, movement and city energy, highlighting 90s Straight, Baggy and reworked Trucker silhouettes.
A special appearance by Rosie Perez amplifies the brand’s signature visual storytelling.
The campaign unfolds across a series of immersive worlds, unified and guided by Jung Kook’s style, attitude and way of living. The high-impact film fuses fashion and entertainment, moving to an instantly recognizable soundtrack and brought to life through the artist’s signature choreography and commanding presence. The interplay of music and movement – complete with a cameo from New York City legend Rosie Perez – captures the impact synonymous with Calvin Klein’s iconic visual storytelling.
Calvin Klein jeans are at the center of the wardrobe with hero silhouettes leading the narrative: the effortless attitude of the 90s Straight; the relaxed and nostalgic proportions of the Baggy; and new interpretations of the iconic Trucker jacket — all reimagined with elevated washes and designed for versatility. Casual logo tees and oversized bombers complete the looks, reinforcing denim as both uniform and statement.
“I love Calvin Klein jeans because they’re designed to be lived in,” said Jung Kook. “The looks I wore for this campaign nod to ‘90s style while feeling completely modern. It was exciting to bring together my love of music, dance and fashion against the energy of the city.”
Note: The headline, insights, and image of this press release may have been refined by the Fibre2Fashion staff; the rest of the content remains unchanged.
Fibre2Fashion News Desk (RM)
Fashion
China targets 4.5 to 5% GDP growth for 2026
Premier Li Qiang, who delivered the report at the opening of the fourth session of the 14th National People’s Congress in Beijing, said the growth target is “well aligned with the country’s long-range objectives through the year 2035 and is broadly in line with the long-term growth potential of China’s economy, with favorable conditions in place for achieving this target.”
China has set a GDP growth target of 4.5–5 per cent for 2026, alongside goals to stabilise employment, manage inflation, maintain grain output and cut emissions.
The plan also preserves flexibility for structural reforms under the 15th Five-Year Plan, aiming to balance steady economic expansion with long-term, high-quality and sustainable development.
Main development targets for 2026 also include a surveyed urban unemployment rate of around 5.5 per cent, creation of over 12 million new urban jobs, a rise in the consumer price index of around 2 per cent, personal income growth in step with economic growth, a basic equilibrium in the balance of payments, grain output of around 700 million tonnes, and a drop of around 3.8 per cent in carbon dioxide emissions per unit of GDP.
Qiang said the targets took into account the need to leave room for structural adjustments, risk prevention and reform in the opening year of the 15th Five-Year Plan (2026–30) period, to lay a solid foundation for improved performance in the coming years. Government at local level should, taking into account their own conditions, make solid efforts to deliver positive outcomes, he added.
Analysts said the 2026 target reflects a pragmatic approach in recognising structural and cyclical challenges facing the world’s second-largest economy, while pursuing reasonable growth in line with high-quality development.
Fibre2Fashion News Desk (JP)
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