The internet giant will absorb a genuine store in London for Black Friday. In this topsy-turvy retail world,innovation is now a necessityOn London’s Oxford Street a row of glittering snowflakes guides shoppers along the golden mile of fashion and department stores. The 750000 lights floating above Selfridges, John Lewis and Debenhams are a decades-old tradition but events like Black Friday absorb changed Christmas shopping for ever.
The UK high street has just experienced something of a watershed, or what some absorb called its “Tesla moment”. Online fashion website Asos overtook Marks & Spencer in market value terms for the first time despite not having a single store to its name. The comparison with the automotive industry comes because electric carmaker Tesla moved ahead of the 114-year-old Ford Motor Company in market value earlier this year.
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Source: guardian.co.uk