Sales growth stalls in the second quarter, limiting earnings growth in the first half of the year.

Profit rises to $36.5 million in the 12 months ended June 30, from $34.5 million a year earlier, the Brisbane-based company says. 

Hill family build on their controlling stake in the jewellery retailer with an on-market acquisition of shares over the last two days.

"Sir Michael is absolutely fine" 

Profits at Michael Hill International rose 32.6% as the shine has started to return to jewellery sales.

The partial takeover bid for Michael Hill International by Durante Holdings, associated with the family of company founder Sir Michael Hill, has gone unconditional.