M&S shakes up fashion supply chain to spark online growth
Yahoo Finance·2025-11-12 06:00
By James Davey LONDON (Reuters) -Marks & Spencer is revamping its supply chain from "factory to floor", the retailer's new fashion boss told Reuters, as it looks to double annual online non-food sales to nearly 3 billion pounds ($4 billion). John Lyttle, who joined M&S as managing director fashion, home and beauty (FH&B) in March, said the 141-year-old retailer has regained its footing after a cyberattack in April paralysed online sales and cost about 300 million pounds in lost profit. He said M&S had ...