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05.11.25 - 19:42
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Marks & Spencer′s cyber-trauma is bad, but clearly manageable (The Guardian)
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Chief executive criticises chancellor before budget that could prove bigger threat to business than 'the incident' You can tell Marks & Spencer is recovering from its cyber-attack trauma because Stuart Machin, the chief executive, now has time to indulge in some chancellor-baiting.Rachel Reeves' pre-budget speech on Tuesday was a “nothing” announcement, said Machin, that will just make consumers more worried. Even his mum had been calling him to debate what it meant. He makes a fair point. The warmup to the budget has been far too drawn-out and the chancellor's clunky exercise this week in trying to manage expectations, even if it was primarily aimed at the bond market, only added to the sense of confusion. The budget should have happened a month ago. Continue reading......
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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 - 12:03
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Xiid Launches Elite Advisory Board, Enlists Rachel Higham to Help Drive Next Phase of Growth (Business Wire)
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Newly established brain trust includes top global executives who have led technology, security and transformation initiatives across telecommunications, consulting and enterprise IT
LAS VEGAS--(BUSINESS WIRE)--Xiid Corp., which is revolutionizing cyber defense with zero knowledge networking, today announced it has assembled a distinguished advisory board and added Rachel Higham to this circle of trusted advisors. Formerly Marks & Spencer's chief digital and technology officer, Higham will serve as a special advisor and consultant, leading Xiid's go-to-market strategy with hyperscalers, colocation companies and telecom services providers.
“Rachel contributes valuable perspective and experience,” said Xiid CEO Steve Visconti. “Now the new Xiid Advisory Board – which already includes global industry leaders with deep roots at such companies as Alcatel, Capgemini, Deloitte, Microsoft and Vodafone – is even stronger.”
Higham learned of Xiid's unique approach during her time with Marks & Spencer....
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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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05.11.25 - 09:18
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Solution International launches Peppa Pig Feeding Range to Tesco UK & Ireland (Cision)
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Stockholm - 2025-11-05
[image] Solution International (“Solution”), the brand owner and supplier of the UK's leading character licence Peppa Pig, gains further exposure in major UK grocer for the targeted extension of the character merchandise 'Grow with Peppa', that supports deeper engagement and cultural relevance within the baby feeding category.
Already active on the Tesco Marketplace Arena (which is a drop ship operation), parents will now be able to choose the most popular character for their little one to engage with at dinner time as they do their weekly shop. The range - which is...
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05.11.25 - 08:00
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CFO-News: Viessmann, WTS, Zalando (Finance Magazin)
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Ex-Heraeus-CFO Rolf Wetzel wechselt zu Viessmann, WTS holt Dennis Zentgraf als Finanzchef und Zalando beendet CFO-Vakanz mit Ex-Vodafone-Managerin Anna Dimitrova: die CFO-News der Woche....
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04.11.25 - 08:12
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Tesco shares are up 25.8% in 6 months. Is it too late to buy? (Fool)
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Tesco shares are firing on all cylinders as Britain's biggest retailer steals market share and delivers impressive growth. But can this momentum continue?
The post Tesco shares are up 25.8% in 6 months. Is it too late to buy? appeared first on The Motley Fool UK....
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