M&S CEO takes direct control of ailing clothing business

LONDON (Reuters) - The chief executive of Marks & Spencer is to assume direct leadership of the British retailer's troubled clothing business after sacking the division's boss. Jill McDonald, clothing, home & beauty managing director, is leaving the business after less than two years in the job, M&S said on Thursday. Group CEO Steve Rowe will take over the leadership of the division directly in the near term, it added."The business now needs to move on at pace to address long-standing issues in..