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		</div><p>The head of Marks &#038; Spencer’s beleaguered clothing division has quit after nearly three decades at the retailer.</p>
<p>Shares fell today after John Dixon said he was leaving “this great company” after being given the chance to become chief executive at another firm.</p>
<p>Mr Dixon had been seen as a potential successor to current M&#038;S chief executive Marc Bolland, who has been in charge since 2010.</p>
<p>He is stepping down from the board with immediate effect and will leave the company at a date to be agreed, the group said.</p>
<p>Mr Dixon has been with Marks for more than 26 years, starting his career as a store manager, and undertaking a successful spell in charge of its food division from 2008 before taking over general merchandise in October 2012.</p>
<p>The division, which includes clothing and homewares, has continued to struggle, with a setback in the most recent quarter as like-for-like sales fell. In the previous quarter they had risen for the first time after 14 successive periods of decline.</p>
<p>M&#038;S also faced well-publicised criticism over its clothing range from one of its own former designers at its annual general meeting recently.</p>
<p>Mr Dixon’s responsibilities will be taken over by Steve Rowe, who had previously succeeded him as head of the food division.</p>
<p>The departing executive said: “I have thoroughly enjoyed many happy and successful years at M&#038;S. I now have the opportunity to become a chief executive and have therefore resigned from this great company.”</p>
<p>Analysts at Jefferies said: “This is a blow to M&#038;S but with Steve Rowe stepping into Dixon’s shoes, we believe the M&#038;S recovery can continue relatively unscathed.”</p>
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