Clothing and homeware sales slump because retailer had to halt online orders for more than six weeks<ul><li><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</li></ul>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. <a href=”https://www.theguardian.com/business/2025/nov/05/marks-and-spencer-profits-more-than-halve-after-cyber-attack”>Continue reading…
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