ASOS has been relegated from the FTSE 250 index – but it’s better news for fashion brand Burberry after it rejoined the FTSE 100.
Fast fashion company ASOS only rejoined the FTSE 250 earlier this year, but is being relegated again, with the changes coming into effect later this month.
Taylor Wimpey and Unite Group will move down from the FTSE 100 to 250, while NextEnergy Solar Fund and Polar Capital Global Financials Trust will drop out of the FTSE 250 index.
Automotive software company Pinewood Technologies is set to enter the FTSE 250 index.
The changes to the UK’s benchmark indices will become effective at the start of trading on Monday 22nd September 2025, following the standard FTSE Russell quarterly review implementation.
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“I am very proud that we have entered the FTSE 250 index less than two years after becoming a standalone software business,” said Bill Berman, CEO of Pinewood.AI.
“This achievement is a testament to the hard work of our people, the industry-leading nature of our technology and the significant exciting opportunities in the market for Pinewood.AI.”
New companies entering the FTSE 250 through the quarterly review include Biopharma Credit, Johnson Service Group, Auction Technology Group, Oakley Capital Investments, Bloomsbury Publishing, Oxford Biomedica and Partners Group Private Equity.