|
|
|
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 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
|
|
|
|
|
|
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
|
|
|
|
|
|
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 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 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 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
|
|
|
|
|
|
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
|
|
|
|
|
|
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
|
|
|
|
|
|
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
|
|
|
|
|
|
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 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 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
|
|
|
|
|
|
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
|
|
|
|
|
|
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
|
|
|
