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Marks & Spencer's Post-Hack Recovery & New Strategies
Published 1 day ago
Description
Marks and Spencers annual numbers reveal a significant impact from last years cyberattack, with profits dropping by £273 million. Despite a strong second half, the initial hit was too substantial to overcome. The company is now focusing on boosting sales and enhancing their online presence with a new warehouse and more frequent clothing line updates. However, rising costs and economic pressures continue to pose challenges.
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