Clothing and homeware sales slump after retailer had to halt online orders for more than six weeks
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Profits 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.
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Source link : https://www.theguardian.com/business/2025/nov/05/marks-and-spencer-profits-more-than-halve-after-cyber-attack
Author : Sarah Butler
Publish date : 2025-11-05 07:56:00
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