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Luxury Stocks: Burberry to Exit FTSE 100 as Shares and Sales Plunge
Posted
September 5, 2024
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3,298
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September 5, 2024
3,298
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2:12Now PlayingBurberry, the 168-year old UK fashion company, is set to be dropped from the FTSE 100 index, ending a 15-year presence on the blue-chip benchmark after its capitalization fell below the level required to keep its place. Angelina Rascouet reports on the headwinds facing new CEO Joshua Schulman.
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