Sosandar moderates growth expectations due to M&S cyber incident

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The fashion retailer says that lower revenue through M&S and a decision to halt new store openings means they are taking a “prudent view” and cutting sales expectations for this year by £2.6m.

Sosandar made no sales through M&S, which is its second-biggest third-party partner, between April and June after a cyber-attack halted online trading.

 

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