Australian fashion and footwear company Accent Group has been removed from the ASX300 list, according to a quarterly rebalance by S&P Dow Jones Indices.
This means Accent Group – the company which manages brands, retailers and brand licenses such as The Athlete’s Foot, Nude Lucy, Platypus and Hoka – is no longer among the 300 largest listed companies on the ASX by market capitalisation and liquidity.
This comes after Accent Group reported a 40 per cent slip in its net profit after tax (NPAT) for the first half of FY26, off the back of a 2.4 per cent total sales lift to $865.2 million. Following the announcement on February 25, the group’s share price shot up from a low of $0.83 cents per share to $1.17, before shifting back to $0.99 cents per share as of writing (March 10, 4pm).
That came also as Accent confirmed its Glue Store retail business would wrap up operations, ready to be wound up completely or sold to a new owner, off the back of the wind-up of MySale.
Some of the big fashion players that still remain on the ASX300, at least according to Market Index, include low-price jewellery retailer Lovisa, Peter Alexander and Smiggle owner Premier Investments, Kmart Group owner Wesfarmers, and Big W owner Woolworths Group.
Meanwhile, luxury fashion platform Cettire has been added to the All Ordinaries list, representing the 500 largest eligible companies on the ASX. That comes despite Cettire reporting a slip in sales in the first half of FY26 and a statutory net loss of $1.1 million.
At the same time, jewellery group Michael Hill International has been dumped from the All Ordinaries. This is despite the group reporting a 32 per cent lift in its net profit after tax (NPAT) to $22.3 million and a 3 per cent lift in total sales across the group. As well as its namesake retail business, Michael Hill also manages Bevilles, Medley and TenSevenSeven.
A raft of other fashion-related entities make up the All Ordinaries list, including Accent Group, online marketplace Kogan.com, department store group Myer, and Super Retail Group – parent company of Rebel, Macpac, BCF and Supercheap Auto.