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Expected sales momentum fails to materialise for Michael Hill

New Zealand proves to be the jewellery brand's most challenged market.

Third quarter trading for Michael Hill fails to find uplift.

Kate McVicar Mon, 20 May 2024

Positive sales momentum expected to flow through in during the second half of Michael Hill's fiscal year has failed to eventuate. 

The NZX and ASX-listed jewellery brand reported a trading update for the 45 weeks ended May 12, with group sales (including subsidiary brand Bevilles) up 4.7% year on

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Kate McVicar Mon, 20 May 2024
Contact the Writer: kate@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
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Expected sales momentum fails to materialise for Michael Hill
Investment,
104116
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