Welcome to the new Independent website. We hope you enjoy it and we value your feedback. Please contact us here.

Business News

Argos finance director joins Mothercare

Mothercare has hired a new finance director from the catalogue specialist Argos at a critical time in the maternity retailer's turnaround under its chief executive, Simon Calver.

Matt Smith will join Mothercare's board at an unspecified date after he exits the same role at Argos.

Mr Calver, a former chief executive of the DVD rental firm LoveFilm, unveils Mothercare's interim results today. The executive search firm Spencer Stuart placed both Mr Smith and Mr Calver at Mothercare.