Burberry dumped out of the FTSE 100 after 15 years - here's everything you need to know

Burberry loses its place to Hiscox, while tech firm Raspberry Pi is promoted to the FTSE 250 after listing in July.

Pedestrians walk past the store of British fashion label Burberry, in central London
(Image credit: HENRY NICHOLLS / Contributor)

Burberry has been dumped out of the FTSE 100 index of Britain's biggest listed companies after 15 years in the top flight. 

The historic British brand, which is known for its check print and trench coats, appears to have fallen out of fashion after its share price slumped by almost half over the past six months. It has been replaced by insurer Hiscox, which has seen its share price rise by a fifth over the past year.

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Chris Newlands

Chris is a freelance journalist, and was previously an editor and correspondent at the Financial Times as well as the business and money editor at The i Newspaper. He is also the author of the Virgin Money Maker, the personal finance guide published by Virgin Books, and has written for the BBC, The Wall Street Journal, The Independent, South China Morning Post, TimeOut, Barron's and The Guardian. He is a graduate in Economics.