Wei ZhangFashion
Jonathan Waecker Completes First Year as Michael Hill CEO
He took charge of the jewellery chain following an international search after the deaths of former chief Daniel Bracken and founder Sir Michael Hill.
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Michael Hill
Every story tagged Michael Hill on RetailNews Asia: reporting, analysis and market signals from across Asian retail and e-commerce.
Stories tagged Michael Hill
6 stories in this topic
Wei ZhangFashion
Michael Hill profit hit by staff underpayment
Michael Hill posted a $16.5 million net profit in FY19, which was impacted by the $4.5 million back-payment it made to employees, after it found that it had unintentionally underpaid workers for the past six years. Still, this was an improvement form the $1.6…
Aiko TanakaFashion
Michael Hill Sales Suffers
Jewellery retailer Michael Hill’s revised operating model is showing some encouraging signs, with sales falling at a slower rate in the March quarter compared to prior periods. Over the three months to March 31, 2019, total sales fell by 0.8 per cent to…
Aiko TanakaFashion
Jeweller Michael Hill is closing all but six of its 30 Emma & Roe stores
Michael Hill will spend $5.8 -$7.9 million closing all but six of its 30 Emma & Roe stores by the end of the financial year as part of its repositioning of the struggling brand. The move will see Emma & Roe exit its operations in New Zealand and New South…
Rajiv MenonFashion
Michael Hill to step out from US market
New Zealand jeweller Michael Hill is to close down its US operations following a strategic review. The complete exit of its loss-making retail operations in the US comes after continued poor performance saw same-store sales drop a further 10 per cent in the…
Aiko TanakaFashion
Michael Hill books profit, despite US weakness
Michael Hill CEO Phil Taylor has booked a 66.8 per cent increase in net profit after tax (NPAT) to 32.6 million for the year ended 30 June, amid a repositioning of its Emma & Roe brand and the introduction of proprietary lines to Michael Hill. The company…