Marks and Spencer saw its underlying pretax profits tumble 55.4% to 184.1 million pounds ($240 million) in the six months to Sept. 27, largely on the back of a 40% collapse in online home and fashion sales after it was forced to halt website orders View 2 Images It's another blow for the UK's high street (Image: whitemay via Getty Images)

British retail giant Marks and Spencer is in crisis - if its latest figures are anything to go by. The iconic brand witnessed its half-year profits plummet by more than half following a devastating cyberattack that crippled its online operations. ‌

In a statement released topday, M&S revealed that its underlying pretax profits crashed by 55.4% to £184.1 million during the six months ending September 27, primarily due to a catastrophic 40

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