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Mothercare's Matt Smith was given one of the top jobs in retail finance over the weekend when he was unveiled as the new chief financial officer of Debenhams.
Smith, who has been at Mothercare for just over a year, is understood to be leaving the maternity retailer on good terms. He has achieved much at his short time at the retailer, from its recent refinancing to improvements in stock management.
The refinancing was a proactive move by Smith designed to allow Mothercare to make investments in rejuvenating the business, such as opening new stores.
Mothercare was Smith's second big retail role after cutting his teeth at Home Retail, where he spent 11...