Marks & Spencer profits more than halve after cyber-attack

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...

<p>Clothing and homeware sales slump after retailer had to halt online orders for more than six weeks</p><ul><li><p><a href="https://www.theguardian.com/business/live/2025/nov/05/china-ends-tariffs-us-imports-soy-bean-levies-ms-profits-cyber-attack-business-live">Business live – latest updates</a></p></li></ul><p>Profits at Marks &amp; Spencer have more than halved after the retailer suffered a damaging cyber-attack, which is still affecting its struggling clothing and homeware business.</p><p>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.</p> <a href="https://www.theguardian.com/business/2025/nov/05/marks-and-spencer-profits-more-than-halve-after-cyber-attack">Continue reading...</a>
Read the full article at: The Guardian World →
📧 Email 🐦 Twitter 💼 LinkedIn