RapNet


Rapaport News

 

Search Results

   

Advanced search
Latest Articles
Videos
Features
News
Mining
Rough Markets
Polished Markets
Manufacturing
Retail
Michael Hill 140
Canada Lockdown Weighs on Michael Hill
Michael Hill’s sales slipped 2.8% in the first half of its fiscal year as a lockdown in Canada outweighed growth in the Australian market.Group revenue decreased to AUD 317.5 million ($243.6 million) during the six months ending...
Retail Jan 18, 2021 Rapaport News
Michael Hill store 150
Michael Hill Sees Rise in Same-Store Sales
Australian jeweler Michael Hill reported an improvement in same-store sales during the first fiscal quarter amid a rise in online shopping and an increased desire for branded jewelry.Same-store sales — at branches open more than a year — rose...
Retail Oct 14, 2020 Rapaport News
Michael Hill store 150
Shutdowns Send Michael Hill’s Profit Sliding
Michael Hill’s earnings slumped 81% in the last fiscal year amid the temporary closure of most of its 290 stores in the second half.The Australia-based jeweler reported profit of AUD 3.1 million ($2.3 million) for...
Retail Aug 19, 2020 Rapaport News
Michael Hill store
Covid-19 Dents Michael Hill Sales
Australian jeweler Michael Hill reported a sharp drop in revenue during the fourth quarter, as the coronavirus pandemic forced it to shut down most of its stores.Group sales slumped 61% to AUD 133.1 million ($93.1 million) during...
Retail Jul 19, 2020 Rapaport News
Michael Hill
Michael Hill Sees Record Online Sales
E-commerce sales at Michael Hill reached an all-time high in late April and early May as the Australia-based retailer responded to changing consumer attitudes amid the coronavirus pandemic.Digital revenues for the three weeks ending May...
Retail May 18, 2020 Rapaport News
Michael Hill
Michael Hill Sales Slip Amid March Shutdown
Michael Hill’s sales fell 12% in the third fiscal quarter as stores closed due to the coronavirus pandemic.Group revenue dropped to AUD 105.1 million ($66.8 million) in the three months ending March 31, the jeweler...
Retail Apr 20, 2020 Rapaport News
Michael Hill
Michael Hill to Close Stores in Canada
Michael Hill will temporarily close all its Canadian stores amid the coronavirus pandemic, while locations in Australia and New Zealand currently remain open. The jeweler’s Canadian stores are set to shut for...
Retail Mar 23, 2020 Rapaport News
Michael Hill store
Online Growth Boosts Michael Hill Sales
Revenue at Michael Hill grew 4.4% year on year to AUD 329.5 million ($216.7 million) in the Australian jeweler’s first fiscal half, as investments in digital platforms paid off.Same-store sales — at retail locations open for at least a year...
Retail Feb 27, 2020 Rapaport News
Michael Hill store 150
Holiday Sales Buoy Michael Hill Revenue
Michael Hill’s sales rose 6% in the first half of its fiscal year amid strong growth in holiday purchasing and a successful launch of lab-grown diamond jewelry.Group revenue climbed to AUD 327.3 million ($226.3 million) as higher sales...
Retail Jan 16, 2020 Rapaport News
Michael Hill
Challenging Retail Market Hits Michael Hill Sales
Revenue at Michael Hill fell in the last fiscal year amid a difficultretail environment and the company’s move away from discounting prices. Group revenue at the Australia-based jeweler fell 1% to AUD569.5 million ($386.2 million) for...
Retail Aug 19, 2019 Rapaport News
Michael Hill
Revenue Drops at Michael Hill
Michael Hill’s sales fell 0.8% in its third fiscal quarter,even as strategic changes drove an improvement in March, the company said. Group revenue slipped to AUD 117.6 million ($84.2 million)in the three months ending March...
Retail Apr 11, 2019 Rapaport News
Michael Hill
Michael Hill Sees Improved Holiday Results
Michael Hill’s sales rose during the holiday period, buoyed bya shift in the company’s marketing strategy, it said Tuesday. The jeweler’s same-store sales — at branches open for at least a year— increased 1.3% year on year...
Retail Jan 15, 2019 Rapaport News
Michael Hill
Michael Hill Hires Operations Chief
Michael Hill has appointed Andrea Slingsby as chiefoperating officer, it said Wednesday. “Her unique experience in people-focused, fast-growingcompanies, business-model improvement and operational excellence is a majorbenefit for Michael Hill as we implement our strategy to become a globallyrelevant leader...
Retail Jan 10, 2019 Rapaport News
Michael Hill Canada store 150
Lack of Marketing Hits Michael Hill
Michael Hill’s sales fell 9% in the first fiscal quarter asthe retailer underestimated how much marketing it needed for its strategicshift away from discounting, the company said. Group revenue fell to AUD 112.1 million...
Retail Oct 14, 2018 Rapaport News
Daniel Bracken Michael Hill up close
New CEO to Lead Michael Hill
Michael Hill International has hired Daniel Bracken as its new CEO, replacing Phil Taylor, who is stepping down due to health issues. Bracken is currently the CEO of Australian retailer Specialty Fashion Group, a position he has...
Retail Sep 26, 2018 Rapaport News
Previous 1 Next
Show articles per page




Call Us: 1-702-893-9400
Member License Agreement   RapNet Trading Rules & Code of Conduct    Privacy Policy  
  
twitter twitter
About Rapaport
Advertise with us