M&S takes more than a year to recover from cyber-attack as profits

M&S's performance improved after the cyber-attack, recovering from a year earlier at a loss of £3.4m to £355m and a £3.2m net loss in the first half of the year. Sales and profit from clothing and homeware rose 16.2% to £9.2bn, but are lower than two years ago. M&S said profits fell short of expectations and are in good health.

Summary by OZbrief Editorial · The Guardian Australia – Business · Source