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Sep 2, 2025 |
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Britain | M&S
A cyber-attack won’t halt Marks & Spencer’s turnaround
M&S food is becoming cheaper and less posh; its clothes pricier and fancier
|7 min read
On April 18th Stuart Machin, the boss of Marks & Spencer (M&S), received a phone call every chief executive dreads: his security team had detected a cyber-attack on the retailer. The timing couldn’t have been worse. It was the start of a sunny Easter weekend and Brits were splashing out on summer dresses and picnic food. For the next two weeks Mr Machin and his team slept in the office.
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