LONDON – Burberry is returning to the FSTE 100 on the London Stock Exchange, a year to the day after it fell out of the blue chip index due to the downward spiral of its share price in 2024.

FTSE Russell, a global index provider that provides analytics and data services to financial markets, confirmed the change at the close of trading on Sept. 3.

It said the change would be made at the close of business on Sept. 19, and take effect from the start of trading on Sept. 22.

The news follows multiple reports in WWD that a return to the FTSE 100 was likely this year.

Since Josh Schulman joined as Burberry CEO last year, its share price has more than doubled, trading at a 52-week high of 13.75 pounds. In early trading on Thursday, shares were down 1.6 percent to 12.54 pounds.

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