Fashion media and analysts broadly welcomed Marks & Spencer's new clothing strategy and a preview of autumn/winter fashion ranges, giving the firm's boss some respite from pressure over falling sales. Britain's biggest clothing retailer said on Tuesday it would focus on better quality and styles in womenswear, deliver more compelling and clearer sub-brands, and make shopping easier in stores, as it tries to reverse nearly two years of declining sales. On Wednesday, shares in the 129-year-old firm, up 20 percent over the past year after periodic bouts of bid speculation, rose up to 4 percent, hitting a five-year high of 438 pence. However, bookmaker Ladbrokes still made Chief Executive Marc Bolland odds-on at 8/11 to have left his position by the end of the year. "The changes outlined contained a variety of enhancements based on detailed customer feedback that even the bears will find hard to completely ignore," said analysts at N+1 Singer, arguing tha