LONDON, Jan 9 (Reuters) - Marks & Spencer's executive team, led by CEO Marc Bolland, retains the backing ofthe British retailer's board and investors despite the firmposting a tenth straight quarter of declining underlying salesin clothing, its chief finance officer said.
"The board is behind us and behind the strategy and theshareholders are behind us and behind the strategy," AlanStewart told reporters on Thursday.
He declined to put a time frame on when M&S would return topositive like-for-like sales growth in general merchandise,which spans clothing, footwear and homewares.
"The step by step approach is what we've spoken about and Ithink that's the way in which we're going to be measured and theway that we look at it," he said.
Marks & Spencer (MKS)