Marks and Spencer Group plc (LSE:MKS) acquired brand, technology and data from Thread Online Limited on November 30, 2022. Following the administration of Thread, M&S is hiring 30 of its former data scientists, software engineers and styling & creative teams who will lead the integration and form a new personalised discovery team. The acquisition will generate more than ú100 million of annualised incremental revenue for Marks and Spencer's business.
Marks and Spencer Group plc (LSE:MKS) completed the acquisition of brand, technology and data from Thread Online Limited on November 30, 2022.