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Burberry to rejoin UK blue-chip benchmark after one-year absence

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Burberry to rejoin UK blue-chip benchmark after one-year absence


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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.

Burberry – Fall-Winter2025 – 2026 – Womenswear – Royaume-Uni – Londres – ©Launchmetrics/spotlight

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.
 



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Egypt’s apparel exports rise 25% in H1, trims US market reliance

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Egypt’s apparel exports rise 25% in H1, trims US market reliance



Egypt exported apparel worth $*,***.*** million during January–June ****, compared with $*,***.*** million in the same period of ****. This marks a strong rebound following global retail recovery and better utilisation of production capacities within Egypt’s textile clusters, according to the *fashion.com/market-intelligence/texpro-textile-and-apparel/” target=”_blank”>sourcing intelligence tool TexPro.

The country exported **.** per cent of its apparel, in value terms, to its top five markets. The US remained the largest destination despite a decline in its share. Egypt’s apparel exports to the US were valued at $***.*** million (**.** per cent) in the first half of ****, down from $***.*** million (**.** per cent) in the same period of ****, indicating reduced reliance on this market. The lower US share is partly due to slower American apparel imports and Egypt’s strategic push towards regional diversification.



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Real UK GDP grows 0.3% QoQ in quarter to Aug 2025: ONS

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Real UK GDP grows 0.3% QoQ in quarter to Aug 2025: ONS



Real UK gross domestic product (GDP) grew by 0.3 per cent quarter on quarter (QoQ) in the quarter to August this year—a slight increase following a QoQ growth of 0.2 per cent in the quarter to July and a QoQ growth of 0.3 per cent in the Quarter to June.

Production output fell by 0.3 per cent QoQ in the quarter to August—a smaller decrease than in the quarter to July, when it fell by 1.4 per cent (revised down from a fall of 1.3 per cent in the previous estimate).

Real UK GDP grew by 0.3 per cent quarter on quarter (QoQ) in the quarter to August—a slight rise following a QoQ growth of 0.2 per cent in the quarter to July.
Production output fell by 0.3 per cent QoQ in the quarter—a smaller drop than in the preceding quarter.
Manufacturing showed no QoQ growth in the quarter.
GDP grew by 0.1 per cent month on month in August, following a fall of 0.1 per cent in July.

Manufacturing, the largest production sub-sector, showed no QoQ growth in the three months to August 2025.

Construction output increased by 0.3 per cent QoQ in the three months to August 2025—a smaller increase than the QoQ growth of 0.5 per cent in the three months to July (revised down from 0.6 per cent in the previous estimate).

GDP is estimated to have grown by 0.1 per cent month on month (MoM) in August 2025, following a MoM fall of 0.1 per cent in July (revised down from no growth in the previous bulletin) and a MoM growth of 0.4 per cent in June this year.

Production grew by 0.4 per cent MoM in August 2025, whereas construction fell by 0.3 per cent MoM.

“Today’s data shows the economy picking up slightly, driven by services and construction. That will be welcomed by business, ahead of what is expected to be a challenging Budget next month,” said Stuart Morrison, research manager at the British Chambers of Commerce (BCC).

“Our latest survey shows business confidence and investment levels continue to suffer. A fifth of firms are expecting lower turnover over the next year, and a quarter have scaled back investment plans,” he said. 

“For the last twelve months, SMEs [small and medium enterprises] have told us the same story: rising costs, weak investment and little sense of relief on the horizon,” he added.

Fibre2Fashion News Desk (DS)



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Calais-Caudry Lace aims to secure European Geographical Indication status

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Calais-Caudry Lace aims to secure European Geographical Indication status


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October 18, 2025

Recognised as a protected geographical indication in France, Dentelle de Calais-Caudry says it has begun the process of becoming a European geographical indication to better protect its identity against low-grade counterfeits.

Dentelle de Calais-Caudry

From December 1, the European Union will introduce a simplified procedure under Regulation 2024/1143, which now governs geographical indications and protected designations of origin across its Member States.

Crucially, Europe is now extending a protection regime to artisanal, manufactured, and industrial products, which was previously reserved for agricultural produce, foodstuffs, and spirits.

“The Dentelliers de Calais-Caudry have already applied to the INPI, which is responsible for forwarding their application to the EUIPO (European Union Intellectual Property Office), so that their geographical indication can be recognised throughout the European Union”, say the Calais and Caudry lacemakers.

Dentelle de Calais-Caudry became a regulated geographical indication in France at the beginning of 2024. It took the local industry’s representatives five years to achieve this goal, which aims to distinguish and protect know-how that is more than two centuries old, and relies on the use of imposing, complex Leavers looms, which lend their name to the lace they produce. In 1958, the “Dentelle de Calais” label was launched, and in 2015 it became “Dentelle de Calais-Caudry”, to include manufacturers from the Caudry area.

Dentelle de Calais-Caudry

“Regularly confronted with very poor-quality counterfeits that damage their image and sales, the lacemakers of Calais-Caudry will, by obtaining this European geographical indication, benefit from legal protection across the 27 countries of the Union”, says the label, which hopes that “this guarantee of authenticity and quality, which will reassure all designers, stylists and lovers of Calais-Caudry lace, will help safeguard this know-how, these ‘passion’ trades, and accelerate international development.”

Today, Calais-Caudry lace is produced in Calais by Codentel, Cosetex, Noyon (Darquer), and Sophie Hallette / Riechers Marescot, which also operates in Caudry. The town is also home to Beauvillain Davoine, Darquer & Méry, Dentelles André Laude, Dentelles MC, Jean Bracq, and Solstiss.

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