M&S breach exposes retail sector’s security risks Tech Marks and Spencer (M&S) has been grappling with a serious cyber attack that forced the retailer to suspend online orders, disrupted in-store operations, and blocked its remote staff from working on its system. The attack, which began over the Easter weekend, has left M&S unable to fulfil many customer orders – driving its stock down [...]
Krissy Cela’s Oner Active rakes in millions as sales double Retail Oner Active, the fitness wear brand co-founded by influencer Krissy Cela, almost doubled its sales as profit surged in 2024. The London-headquartered business, which was set up alongside Thomas Mark and Austrian investors David and Lukas Kurzmann, has reported a gross revenue of £80.8m for the year, up from the £46m it achieved in 2023. [...]
Sales pass £600m at The White Company and Charles Tyrwhitt owner Retail Sales at the group behind The White Company and Charles Tyrwhitt jumped past the £600m mark during its latest financial year, it has been revealed. Bectin Limited has posted a turnover of £607.7m for the 12 months to 3 August, 2024, up from the £558.5m it achieved in the prior year. But despite the sharp [...]
M&S: FTSE 100 shares continue to drop after cyber attack April 28, 2025 Marks and Spencer’s (M&S) share price has fallen more than three per cent in early trades this morning as the effects of a cyber attack last week rage on. The FTSE 100 retailer’s share price has fallen by nearly nine per cent since it announced the attack in a statement to the London Stock Exchange [...]
Starbucks: UK’s largest franchise more than doubles profit ahead of takeover April 28, 2025 Sales jumped towards £100m and profit more than doubled at the UK’s largest Starbucks franchise in the year before the US coffee chain took it over, it has been revealed. 23.5 Degrees has reported a turnover of £93m for the 12 months to 31 August, 2024, up from the £83.5m it achieved in the prior [...]
Lidl eyes Mayfair and Chelsea stores amid £500m expansion April 28, 2025 You could soon shop at a Lidl store in the swanky London districts of Mayfair and Chelsea as the low-cost supermarket plans dozens more store openings as part of a £500m expansion plan. The German-owned business, which controls 7.8 per cent of the UK grocery market according to latest Kantar figures, has published a list [...]
M&S: FTSE 100 shares slump as online orders stopped April 25, 2025 Shares in FTSE 100 giant Marks and Spencer (M&S) slumped this afternoon as the retailer stopped taking online orders because of an ongoing cyber attack. The London-listed company confirmed earlier this afternoon that it had made the decision not to take any more orders through its website and app because of the cyber attack – [...]
M&S stops taking online orders as cyber attack rages on April 25, 2025 Marks and Spencer (M&S) has stopped taking orders through its website and app as its battle against a cyber attack rages on. The company added that some of its international websites have also paused taking orders. The FTSE 100 retailer had previously said the incident, which was disclosed to the public on Tuesday, had impacted contactless [...]
I quit the City of London and created £1bn Castore empire April 25, 2025 Cast your eye over the numerous growth lists that get churned out multiple times a year and there is one name that keeps cropping up towards the sharp end – Castore. The Manchester-headquartered brand has been on a skyrocketing journey since being founded by two Merseyside brothers in 2016. But Tom Beahon, who shares CEO [...]
Castore boss: How I convinced Andy Murray to back my sportswear brand April 25, 2025 The co-founder of sports apparel brand Castore has opened up about how he and his brother managed to convince Sir Andy Murray to invest in their company. Tom and Phil Beahon set up their business in 2016 and quickly set about attempting to get a high-profile backer to help get the brand off the ground. [...]