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05.11.25 - 16:42
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Cyberattack on Marks & Spencer slices profits by more than a half (AP)
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LONDON (AP) — British retailer Marks and Spencer saw its half-year profits more than halve as a result of a cyberattack that brought its online business to a grinding halt. In a statement Wednesday, M&S said its underlying pretax profits tumbled 55.4% to 184.1 million pounds ($240 million) in the six months to Sept. 27,......
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05.11.25 - 09:42
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Marks & Spencer profits more than halve after cyber-attack (The Guardian)
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Clothing and homeware sales slump after retailer had to halt online orders for more than six weeksBusiness live – latest updatesProfits at Marks & Spencer have more than halved after the retailer suffered a damaging cyber-attack, which is still affecting its struggling clothing and homeware business.The retailer said underlying profits more than halved to £184.1m in the six months to 27 September from £413.1m a year before, after it had to halt online orders of clothing and homewares for more than six weeks. Continue reading......
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