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

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Bloomberg

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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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Milan menswear shows add bling with brooches

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AFP

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January 20, 2026

Long reserved for women or military dress, brooches adorned men’s chests during Milan Fashion Week, a throwback to a bygone era but with jewellery now signalling individuality, not just status.

A brooch by Dolce & Gabbana – Aleksej Shelikhov- Facebook

From huge flowers or watch brooches at Dolce & Gabbana to pins at Armani, the bling passed from hands to jackets during the fall/winter 2026/2027 shows in the Italian city.

“I like these small details, people have to pay attention to them,” said reggaeton star Rauw Alejandro, in the front row at Prada.

Chinese buyer John Chen, 45, sported a gold brooch in the shape of a triangle, the Milanese brand’s logo, on a green sweater just below his neck. “I started wearing brooches about five years ago. I like to play with them” to personalise outfits, he told AFP.

In Armani’s refined yet relaxed collection, some men sported a tie pin on their jacket lapel, while male and female models wore matching sparkling brooches. At designer Rowen Rose, a large orange stone was used to fasten a green or yellow scarf to a matching sweater.

“It gives an extra touch. It’s a good accessory- it’s become very masculine,” said Fabio Annese, a 26-year-old Milanese interior designer sporting a heart-shaped brooch at Dolce & Gabbana.

Known for its extravagant style, D&G has been selling brooches for men since entering the jewellery world in 2015, and they are “still important in more formal collections,” a spokesperson said. Among their offerings are crosses, crowns, scarabs, and flowers in gold and embellished with diamonds, the last costing a cool 7,500 euros (around $8,800).

The trend is in many ways a return to the past. In Europe, until the 18th century, the “most important” jewellery was worn by men, explained Emanuela Scarpellini, professor of contemporary history at the University of Milan.

Wealthy and powerful men used it as a sign of their status, the glittering accessories often signalling membership of a noble family or a religious order, or military rank. It was only with the rise of the middle-classes and businessmen in the 19th century that came “the idea that men should dedicate themselves to work, with a more sober attitude,” Scarpellini said at the launch of a new Milan exhibition.

“The Gentlemen,” on show at the Palazzo Morando until September, reveals how men’s jewellery since then usually served a purpose, such as watches, cufflinks and tie pins. Nowadays “there’s a new freedom,” as with clothing, said exhibition curator Mara Cappelletti, a professor of jewellery history.

“There are fewer jewellery pieces with a function, and more with a freer choice,” she told AFP. “Many of the objects men wear today were not designed for a male audience,” she said, adding that many were vintage. “The brooch has never been so popular.”

Cappelletti noted that the trend was boosted by singers and actors wearing a lot of jewellery, noting a photograph of Italian singer Achille Lauro sporting a huge white gold and diamond sculpted piece on his chest, with matching earrings. All provided by the jeweller Damiani, which sponsors the pop star. 

Copyright © 2026 AFP. All rights reserved. All information displayed in this section (dispatches, photographs, logos) are protected by intellectual property rights owned by Agence France-Presse. As a consequence you may not copy, reproduce, modify, transmit, publish, display or in any way commercially exploit any of the contents of this section without the prior written consent of Agence France-Presses.



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Sephora announces strategic partnership with Korea’s CJ Olive Young

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January 20, 2026

Global beauty business Sephora has announced a strategic, omni-channel partnership with Korean beauty and health retailer CJ Olive Young to bring a wide range of K Beauty products to its global customers.

CJ Olive Young aims to bring K Beauty to global shoppers – Olive Young

 
The partnership will debut this autumn with omni-channel partnerships set for the US, Canada, Hong Kong SAR, and Southeast Asia (Singapore, Malaysia, Thailand), Sephora announced in a press release on Tuesday. In 2027, the business will bring the tie-up to the Middle East, the UK, and Australia.
 
“Korean beauty is one of the most innovative, fastest growing, and desirable categories in beauty right now,” said Sephora’s global chief merchandising officer Priya Venkatesh in a press release. “Sephora was the first major retailer to debut K Beauty brands to North American consumers in 2010, and our portfolio has grown into a global business. We are thrilled to partner with leading Korean beauty retailer Olive Young, bringing their expertly curated assortment of Korean beauty brands to our beauty fans globally. Their differentiated assortment, coupled with Sephora’s unique point of view on the beauty shopping experience, will bring an unrivalled and inspiring offer for all beauty lovers who are keen to explore the most sought-after Korean beauty products.”

Sephora shoppers will be able to browse a dedicated zone curated by CJ Olive Young comprising popular Korean health and beauty brands. The business’ beauty advisor will also offer guidance and assistance to customers to help them find their desired products.

“We are pleased to enter this partnership with Sephora as we continue to advance our global expansion strategy,” said CJ Olive Young’s chief strategy officer Youngah Lee. “As global interest in K-beauty continues to accelerate, we see this collaboration as a meaningful opportunity to work together in expanding the reach of Korean brands in key international markets.”
 

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Superdrug continues upsizing programme at Merry Hill

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January 20, 2026

​Big beauty firms continue to open statement stores at key UK destinations with Superdrug now choosing to “significantly upsize” at Merry Hill. 

Merryhill

It’s set to double its footprint to 16,000 sq ft at the West Midlands mall creating the brand’s biggest UK store to date.

Planned to open in Q2, Superdrug’s recommitment to Merry Hill is the latest in a series of leading brands to “significantly invest” in the centre, with operator Sovereign Centros/CBRE noting a 3% year-on-year sales boost in the beauty category.

It follows M&S’s 100,000 sq ft flagship store opening in November, which also includes a strong beauty element, while Superdrug sister value beauty brand Savers opened a 5,000 sq ft unit last year, also its largest in the UK so far. 

The upsized Superdrug store will feature a more extensive range of the latest beauty products, as well as access to treatments such as ear piercing, manicures, and eyebrow threading.

Clare Jennings, property director at Superdrug, said: “This year, we will continue our programme of refurbishing stores, acquiring new sites and expanding existing stores, with Merry Hill selected as the site for one of our largest Superdrug stores in the UK. 

“Choosing Merry Hill for this expansion was ideal, given its strong mix of health and beauty retailers and its position as a super-regional hub in the West Midlands. It’s the perfect location to grow our store and continue serving our loyal Merry Hill customers.”

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