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M&S new CEO will take charge of firm struggling to stay ahead of competition

Published Mon, Jan 11, 2016 · 09:50 PM

London

WHEN Steve Rowe takes over the top job at Marks & Spencer (M&S) in April, the 48-year-old soccer-loving Londoner will have to succeed where many others have failed: enticing women to spend on the British institution's fashion.

The 26-year M&S veteran takes charge of a firm struggling to compete in the cut-throat retail sector despite outgoing boss Marc Bolland spending billions modernising the 132-year-old firm's stores, supply chain, logistics and website.

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M&S new CEO will take charge of firm struggling to stay ahead of competition

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