Business BitesFeatures

Boohoo more valuable than M&S – a sea-change encapsulated

From a purely journalistic standpoint it is now a de facto cliché to refer to Marks and Spencer as the “high street bellwether”, yet that is the status it has held for so many decades.

The once mighty monolith was the first British retailer to reach a market capitalisation of £1bn and has been a mainstay of shopping districts up and down the country for as long as anyone can remember.

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