New Zealand shares pulled back slightly as geopolitical tensions kept some investors on the sidelines
Trading conditions in its two biggest markets, Australia and New Zealand, "continued to be challenging," it said.
"We can’t just rely on what has been successful for us in the past" – Phil Taylor
Phil Taylor has worked for Michael Hill since 1987 and has been chief financial officer since 2003.
Profit rose to $A25.8 million, or 6.66 cents per share, in the six months ended December 31.
Retail is never an easy game and the struggle looks set to continue for the local sector this year unless they can innovate enough to stay afloat.
The Meeting Place of Intelligent Business