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M&S Clothing Boss Could Be Set To Depart Retailer: Reports

Published on Jul 11 2019 10:19 AM in Retail tagged: UK / M&S / Marks & Spencer / Jill McDonald

M&S Clothing Boss Could Be Set To Depart Retailer: Reports

British retailer Marks & Spencer's clothing division chief may be on the verge of leaving the company after less than two years in the job, according to reports.

Sky News said Jill McDonald could step down as the company's managing director for clothing, home and beauty as the division deals with challenges to a recovery.

M&S declined to comment on the report.

Shares in M&S were up 0.7% at 209.7 pence at 0723 GMT. They are down 29% from a year ago.

Major Role

McDonald joined M&S in October 2017 to take on one of the biggest jobs in British fashion, having previously been the chief executive of bicycles to car parts company Halfords. Her appointment raised questions from some because she had no retail clothing experience.

At M&S's annual shareholders' meeting on Tuesday Chief Executive Steve Rowe said that while the group had improved its clothing ranges on fit, style and value, it still had significant issues with availability.

News by Reuters, edited by ESM. Click subscribe to sign up to ESM: European Supermarket Magazine.

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