Brace yourself

2 July 2008 By John Foley

The UK retailer s shares plummeted after it warned on profits. M&S’s clothes and food are simply too expensive for these stagflationary times. But if things look bad at M&S, just wait until the downturn hits its more financially constrained peers.

This content is for Subscribers only

To access full content you must be a subscriber. Please use the following link to request a trial.


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)