I have about 8 pairs of M & S leggings, so I am a bit of an expert! Yes, I know it's a lot, but I am a ballet and dance fanatic.
You need to check the label for the elastane/spandex content. You can tell the difference. For example the ones in the left pile have only 5% spandex and they do stretch and wrinkle.
The spandex ones on the right are 22% spandex, they are shinier and tighter, more like fitness pants, and never go out of shape. However, I use the softer ones for dog walking because they are more comfortable, though I do agree that they get too long and baggy after several wears. They also get more holes in them.