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M&S warns of £300m profit hit due to hacking crisis

Sky News Wednesday, 21 May 2025 ()
Marks and Spencer (M&S) has warned investors it is facing a £300m hit to trading profits as a result of last month's ransomware attack.
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Marks & Spencer Marks & Spencer British multinational department store company

M&S website down - hours after financial impact of ransomware attack revealed

 The M&S website is down - hours after the retailer revealed it's facing a £300m hit to profits following last month's ransomware attack.
Sky News
Retail expert says Marks and Spencer shoppers will stay [Video]

Retail expert says Marks and Spencer shoppers will stay

Retail expert Amna Khan says she believes Marks and Spencer customers will, in the long term, stick with the company as “trust can be rebuilt”. The British shop says the disruption caused by the cyber-attack could continue until July. Report by Blairm. Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn

Credit: ODN    Duration: 00:53Published

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