Marks & Spencer news and archive

UK plans 16 million pounds cybersecurity scheme following M&S and Harrods attacks

Chancellor of the Duchy of Lancaster Pat McFadden has announced a 16 million pound cyber security scheme following targeted attacks on Marks & Spencer, Harrods and Co-Op over the past few weeks. Speaking at the CyberUK conference this week, McFadden said “cybersecurity is not a luxury but an absolute necessity”, adding that the recent attacks on...

Member

Business

Retailers should regularly review cyber controls as threat of attack increases

In view of recent cyber attacks on British department store Harrods, apparel retailer Marks & Spencer and others, audit, tax and consulting firm RSM UK is advising retailers to regularly review their cyber risk controls to ensure “they are as robust as possible”. “Retailers are already navigating a difficult trading environment shaped by fragile...

Retail

Cyberattacks hit UK retailers including Harrods, M&S

A wave of cyberattacks has hit several British retailers including luxury department store Harrods and upmarket supermarket Marks & Spencer, the businesses said on Thursday. After Marks & Spencer and the Co-op food retail chain said they had been targeted, Harrods on Thursday confirmed it had "recently experienced attempts to gain unauthorised...

Member

Business

What to know about Marks & Spencer’s cyber attack

Almost a week has gone by since Marks & Spencer’s put a halt on online orders as it attempted to grapple with a cyber attack on its systems. Little is still known about what the incident involved and how the company, its employees and customers have been impacted. Yet now, with local police getting involved and speculation surrounding who was...

Member

Business

Marks & Spencer pauses online orders following cyber attack

British department store giant Marks & Spencer has said it has paused orders on its e-commerce site and app following a cyber attack earlier in the week. In a statement on Instagram, the retailer said the decision was made as part of its “proactive management of a cyber incident”, with a team “working extremely hard to restart online and app...

Retail

Marks & Spencer to invest 90 million pounds in London store estate

British department store Marks & Spencer has said it is preparing to invest 90 million pounds into its London retail network in what would be the second round of funding the company has injected into the region. Among the plans, the retailer revealed it is set to open 17 “new and improved stores” across this year and the next, all pending...

Retail

Marks & Spencer rolls out paper packaging for men’s essential range

Department store Marks & Spencer has carried out a packaging overhaul of its men’s essential range. According to the retailer, it has switched to paper packaging across the category, removing “almost 5.5 million units of plastic from its Clothing & Home business”. Men’s socks, woven pyjama sets and almost 40 percent of men’s underwear lines are...

Featured

Fashion|In Pictures

M&S launches exclusive collection with Olivia von Halle

British retailer Marks & Spencer (M&S) has launched an exclusive design collaboration with London-based luxury nightwear designer Olivia von Halle. The 10-piece capsule collection marks M&S’s first-ever nightwear collection and celebrates Olivia von Halle’s unique in-house designed prints, alongside M&S’s loungewear designs, with the nightwear...

Fashion

Calvin Klein and Tommy Hilfiger added to ‘Brands at M&S’ platform

Marks & Spencer has added PVH-owned brands Calvin Klein and Tommy Hilfiger to its third-party online platform, ‘Brands at M&S’, as it looks to boost its offering for male consumers. The inclusion of the two labels will see the addition of products for men and women to the platform, spanning the likes of underwear, lingerie, loungewear and...

Member

Business

Next, Marks & Spencer and JD Sports urged to address low wages by NGO

ShareAction, a responsible investment NGO, is co-ordinating with three investor groups to file resolutions at Next, Marks & Spencer and JD Sports. The retail giants are being called on to address allegations of low wages within their staff and to be more transparent in sharing how many of their employees are being paid below a real Living Wage....

Retail

Marks & Spencer to invest 50 million pounds into North West retail estate

Department store giant Marks & Spencer has said it will be investing 50 million pounds into stores throughout the North West of England over the three financial years, with five new store openings among the plans. The company is also looking to update three of its existing stores with its new format. The latest plans come as part of Marks &...

Retail

Marks & Spencer adds Hush and Whistles to third-party brand platform

British department store Marks & Spencer has introduced womenswear brands Hush and Whistles to ‘Brands at M&S’, a platform dedicated to third-party labels. For Hush, the debut will consist of an exclusive 12-piece collection, marking the first time the platform will hold an exclusive line. It will contribute to the more than 300 seasonal styles...