Fashion, Home & Beauty WeaknessA 16.4% decline signals structural challenges in non‑food categories: weaker demand, online pause impacts and supply disruptions. Prolonged deterioration risks eroding market share and compressing segment margins, requiring sustained product, pricing and channel investments to restore competitiveness.
Material Cyber Incident ImpactA ~£300m operating profit hit from a cyber incident reveals operational vulnerability and potential recurring remediation costs. Even with partial insurance recovery, such events can cause lasting disruption to operations, raise security spend, and dampen profitability and customer trust over several quarters.
International Sales DeclineAn 11.6% drop in international sales highlights weaknesses in global channels and logistics. Persistent underperformance abroad increases reliance on the UK market, slows diversification benefits, and requires sustained investment in ecommerce and distribution to rebuild overseas growth and margin contribution.