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M&S appoints Sital Nakarja to spearhead merchandising transformation

British multinational retailer Marks & Spencer (M&S) has appointed Sital Nakarja as transformation lead for its merchandising planning platform. Nakarja joins the company during a period of significant operational modernisation across its fashion, home, and beauty divisions. Announcing her new role via LinkedIn, Nakarja stated, “The opportunity...

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Business

Cyber attack slashes M&S first half profit by 55.4 percent

British retailer Marks & Spencer (M&S) reported a sharp 55.4 percent decline in first-half underlying profit, a drop that directly reflects the profound impact of a cyber security breach in April. The attack forced M&S to suspend its online clothing orders for seven weeks and severely disrupted its e-commerce platform and backend systems, which...

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