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...

BusinessMember

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...

BusinessMember

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...

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...

Retail

Marks & Spencer announces investment in retail pay

British retailer Marks & Spencer has announced its biggest-ever investment in UK retail pay from April 1, committing to a record 95 million pounds. The move marks the biggest investment M&S has made in its retail pay offer and the third consecutive increase since Stuart Machin became chief executive in 2022, despite new cost pressures from the...

Fashion

M&S unveils first-ever women’s and men’s underwear campaign

British retailer Marks & Spencer has unveiled its first-ever cross-business underwear campaign spanning across womenswear and menswear as it looks to cement its market-leading position in women’s and men’s underwear. The ‘Make an Understatement’ campaign launches on Thursday, February 20, and is part of the retailer’s continued drive to change...

People

M&S strengthens international team with three new executives

Marks & Spencer (M&S) has bolstered its international leadership team with three key appointments. Manish Kapoor will join M&S India as managing director in April, transitioning from his role at Pepe Jeans. Victoria Jones, formerly of Clarks, has already assumed the position of commercial director, international. Richard Davies has been promoted...

Fashion

Marks & Spencer launches designer competition for young people

British department store Marks & Spencer has announced a new competition for young people to submit designs in a bid to be included in the retailer’s and YoungMinds’ Hello Yellow kidswear collection. Together with the mental health charity, Marks & Spencer is calling for inspiring designs from two age categories – five to 11 and 12 to 16 years...

Retail

Marks & Spencer lowers prices on kidswear

British department store Marks & Spencer has said that it has reduced prices by up to 20 percent on over 100 products in its “everyday essentials” kidswear range, extending its pricing strategy beyond other categories like food. In a press release, the company noted that the reduction in price will not compromise quality or its “high sourcing...

BusinessMember

Marks & Spencer 13-week Christmas trading sales rise, confident for rest of year

Retail major Marks and Spencer Group Plc reported Thursday that its 13-week Group sales during Christmas trading increased 5.6 percent from last year to 4.06 billion pounds with growth in UK and ROI region. Looking ahead, the company said it is confident of making further progress in the remainder of the year. In its Christmas trading update,...

PeopleFeatured

Fashion’s finest honoured in New Year List: A celebration of innovation and sustainability

The New Year Honours list, unveiled this week, spotlights luminaries from the fashion and retail world, celebrating a spectrum of achievements spanning business acumen and sustainability-driven innovation. The annual tradition, designed to commend extraordinary contributions to society, has resonated deeply within the fashion sector this year,...