Marks & Spencer profits more than halve after cyber-attack
Clothing and homeware sales slump because retailer had to halt online orders for more than six weeksProfits at Marks & Spencer have more than halved after the retailer suffered a...
By Sarah Butler · The Guardian World
Clothing and homeware sales slump because retailer had to halt online orders for more than six weeks 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. Continue reading...