Laura Ashley CEO to step down after eight years at helm
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(Reuters) - Laura Ashley Holdings Plc's chief executive officer, Kwan Cheong Ng, is stepping down after eight years at the helm, a departure that comes at a time when the clothing and furnishing retailer is trying to turn around its business.Chief Operating Officer Katharine Poulter will take over the top job from May 1.Laura Ashley, a favourite of Princess Diana in its 1980s heyday, has been one of the victims of the gloom that has shrouded Britain's retail sector.Sales at the company have..