• About
  • Advertise
  • Privacy & Policy
  • Contact
HK Businesswire
  • Home
  • News
    • All
    • Business
    • Politics
    • PR Newswire
    • Science
    • World

    AKA’s ‘EOS’ Sales Knowledge Engine Completes Pilot with One of the World’s Largest Consumer Electronics Companies

    Firstsource Recognized Among the Best in ‘Services Eating Software’ at the 2026 HFS SaS Awards

    Global Times: Steering constructive China-US relationship of strategic stability forward on steady, sustained course

    Siobhan Haughey wins gold again

    Siobhan Haughey wins gold again

    GIGABYTE Announces AORUS GeForce RTX™ 5060 ARI Edition Graphics Card is Available

    Pylontech Starts Mass Production of 588Ah and 601Ah LFP Cells for ESS

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • PR Newswire
  • Business
  • World
  • Entertainment
  • Sports
  • Tech
    • All
    • Apps
    • Gadget
    • Mobile
    • Startup

    PCCW Global and Druid Technology Partner on Belt and Road IoT Connectivity

    Alipay Launches Domestic Full-Stack Intelligent Agent Platform in Hangzhou

    HKT Posts 4% Profit Rise Amid Steady Local Recovery and AI-Driven Demand

    Alipay Launches AI-Powered Version ‘Abao’ to Streamline Services

    Xiaohongshu Prepares Confidential Hong Kong IPO Filing

    SpaceX Raises $75 Billion in Historic IPO Amid $350 Billion Investor Demand

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
  • Feature
No Result
View All Result
  • Home
  • News
    • All
    • Business
    • Politics
    • PR Newswire
    • Science
    • World

    AKA’s ‘EOS’ Sales Knowledge Engine Completes Pilot with One of the World’s Largest Consumer Electronics Companies

    Firstsource Recognized Among the Best in ‘Services Eating Software’ at the 2026 HFS SaS Awards

    Global Times: Steering constructive China-US relationship of strategic stability forward on steady, sustained course

    Siobhan Haughey wins gold again

    Siobhan Haughey wins gold again

    GIGABYTE Announces AORUS GeForce RTX™ 5060 ARI Edition Graphics Card is Available

    Pylontech Starts Mass Production of 588Ah and 601Ah LFP Cells for ESS

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • PR Newswire
  • Business
  • World
  • Entertainment
  • Sports
  • Tech
    • All
    • Apps
    • Gadget
    • Mobile
    • Startup

    PCCW Global and Druid Technology Partner on Belt and Road IoT Connectivity

    Alipay Launches Domestic Full-Stack Intelligent Agent Platform in Hangzhou

    HKT Posts 4% Profit Rise Amid Steady Local Recovery and AI-Driven Demand

    Alipay Launches AI-Powered Version ‘Abao’ to Streamline Services

    Xiaohongshu Prepares Confidential Hong Kong IPO Filing

    SpaceX Raises $75 Billion in Historic IPO Amid $350 Billion Investor Demand

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
  • Feature
No Result
View All Result
HK Businesswire
No Result
View All Result
Home News

Cyberattack to cost Marks and Spencer £300m

Greta W. by Greta W.
21 May 2025
in News, World
0
Cyberattack to cost Marks and Spencers £300m
0
SHARES
18
VIEWS
Share on FacebookShare on Twitter
British retailer Marks & Spencer said on Wednesday a “highly sophisticated cyber” attack last month would cost it about £300 million in operating profit, with disruptions set to run into July.

The attack on one of the biggest names in Britain, with 64,000 staff and 565 stores, sent shockwaves through the retail sector.

It forced the chain’s online clothing operation offline, left some food shelves bare, and wiped over a billion pounds from the company’s stock market value.

M&S said it expected online disruptions to continue throughout June and into July as it restarts systems and then ramps up operations.

It said its food division had been hit by reduced availability and higher costs due to waste and logistics as it was forced to return to pen and paper systems.

Food supplies had since improved but its fashion, home and beauty division would continue to suffer as its online sales and trading profit had been heavily impacted by the decision to pause online shopping.

Stores “remained resilient”, it said.

Chief executive Stuart Machin said the retailer had overcome many challenges in the past 140 years.

“This incident is a bump in the road, and we will come out of this in better shape, and continue our plan to reshape M&S for customers, colleagues and shareholders,” he said.

Customers had been “unwavering in their support”, he said, and he was incredibly grateful for their patience and trust.

M&S disclosed the attack on April 22. Three days later it stopped taking clothing and home orders through its website and app.

It said last week that some personal customer information was also stolen in the hack.

With hackers having also hit the Co-op and Harrods in Britain, and Google saying last week those responsible were targeting US companies, retailers worldwide are racing to boost defences. (Reuters)

Tags: World
Greta W.

Greta W.

Read More

Over 3.8k eateries to offer discounts on National Day

24 September 2026
Electoral info centre open day set

Electoral info centre open day set

24 September 2026
  • Trending
  • Comments
  • Latest

Fosun International: ClubMed Lifestyle Group Submits Listing Application to the Hong Kong Stock Exchange

28 August 2026

HA calls for early flu vaccination amid infection rise

15 September 2026

Fosun International: ClubMed Lifestyle Group Proposes Hong Kong Listing, Targeting 85 Resorts Globally by 2030

28 August 2026

H World Group Reports Strong Second-Quarter 2026 Performance and Announces New Shareholder Return Plan

17 August 2026

AKA’s ‘EOS’ Sales Knowledge Engine Completes Pilot with One of the World’s Largest Consumer Electronics Companies

22 September 2026

Firstsource Recognized Among the Best in ‘Services Eating Software’ at the 2026 HFS SaS Awards

22 September 2026

Global Times: Steering constructive China-US relationship of strategic stability forward on steady, sustained course

22 September 2026
Siobhan Haughey wins gold again

Siobhan Haughey wins gold again

22 September 2026

Recent News

AKA’s ‘EOS’ Sales Knowledge Engine Completes Pilot with One of the World’s Largest Consumer Electronics Companies

22 September 2026

Firstsource Recognized Among the Best in ‘Services Eating Software’ at the 2026 HFS SaS Awards

22 September 2026

Global Times: Steering constructive China-US relationship of strategic stability forward on steady, sustained course

22 September 2026
Siobhan Haughey wins gold again

Siobhan Haughey wins gold again

22 September 2026
HK Businesswire

Stay ahead with the latest insights on Hong Kong’s economy, finance, and investments. From market trends to policy updates, we bring you in-depth analysis and expert opinions.

📩 Subscribe to our newsletter for exclusive updates.
📍 Follow us on social media for real-time news.
📧 Contact us: info@hongkong-invest.com

Follow Us

  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2025 by HKBusinesswire.com

No Result
View All Result

© 2025 by HKBusinesswire.com