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.

Michael Hill International has released a profit guidance for the six months to December 31, indicating it expects a higher number than the 2009 interim result.

Sir William Gallagher and Sir Michael Hill have been recognised for their contribution to business.