The relegation will "take effect from the start of trading" on September 23, the exchange's FTSE Russell subsidiary said in a statement.
Burberry, whose former chief executive hastily departed in July following poor company earnings, and the global luxury sector as a whole have been hit by strains in China's economy, the world's second biggest.

Register to read this story and more for free.

Signing up for an account helps us improve your browsing experience.

Continue

OR

See our subscription options.

Already have an account? Log in here