M&S annual profit slides 24% after cyber hack disruption
20/05/2026 07:03
LONDON, May 20 (Reuters) - British retailer Marks & Spencer MKS.L reported a 24% drop in annual profit on Wednesday after last year's cyber hack forced a seven-week suspension of online clothing orders, hit clothing and food availability and dented sales and margins. FOCUS-M&S shakes up fashion supply chain to spark online growth nL8N3WJ2P9 (Reporting by James Davey; editing by Sarah Young) ((james.davey@thomsonreuters.com))