Marks & Spencer reports profit rebound after year‑long fallout from cyber‑attack
Marks & Spencer said its profit rose to £355 million in the six months to 26 September, a sharp increase from £3.4 million a year earlier, as the retailer…
Marks & Spencer said its profit rose to £355 million in the six months to 26 September, a sharp increase from £3.4 million a year earlier, as the retailer continues to recover from a cyber‑attack that crippled its online sales. The Guardian reported that the attack, which began over Easter 2025, forced the company to shut its website – the main channel for clothing and homeware – for more than six weeks. While the retailer’s clothing and homeware sales and profit remain below levels seen two years ago, the company said the brand is in good health. The profit bounce‑back was described as better than expected, reflecting a partial recovery from the disruption caused by the hack.
Why it matters
The figures illustrate how a major cyber‑incident can depress a retailer’s earnings for an extended period, and how a return to profitability signals a turning point in the recovery.
Key details
- Location
- United Kingdom · Europe
- Reported by
- The Guardian
- First reported
- Key names
- Marks, Spencer, Easter
- Section
- Business
- Figure cited
- The retailer said profits bounced back to a better than expected £355m in the six months to 26 September from only £3.4m a year before, as it partly recovered from the hack. (The Guardian)
Sources
This is an independent summary. Read the full, original reporting from the publisher:
Read the full story at The GuardianSpotted an error? Request a correction · How this summary was produced
Related Stories
UK officials stress Commonwealth relevance and keep reparations stance amid energy crackdown
The foreign secretary told The Guardian that the United Kingdom will not change its position on reparations.
Leisure centre price hikes on the way
The rises would impact Perdiswell, St John's Sports Centre and Nunnery Wood Sports Complex.
Democrat Annie Andrews projected to win South Carolina Senate seat after decades
The BBC reported that Annie Andrews is projected to defeat Darline Graham in the South Carolina Senate race.
Alleged attack on One Nation supporter not believed to be politically motivated, Victoria police say
Police also allege Torquay man was attacked with a ‘blunt weapon’ rather than a baseball bat as originally reported An alleged attack on a One…
Canva announces major job cuts after 'our hardest year yet'
CEO Melanie Perkins says more than 1,000 staff will either lose their jobs or be asked to change roles.
US tech stocks rebound after AI‑spending selloff, midterms have limited impact
The Guardian reported that U.S. technology shares recovered on Tuesday afternoon after a selloff that had spooked investors over…
Keeping mortgage interest relief approved
Homeowners can get tax relief of £3,500 on the money spent on the interstate of a mortgage.
Primark accelerates home‑delivery launch after profit dip
The Guardian reported that Primark will start offering home deliveries by the end of next year, moving the launch forward by roughly two years.