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Michael Hill’s post-acquisition plans labelled ‘ambitious’

Analyst says plans for $45m Bevilles buy will be tough during a likely challenging consumer climate.

Analysts continue to have questions following Michael Hill acquisition.

Kate McVicar Thu, 20 Apr 2023

Analysts have raised questions about Kiwi retailer Michael Hill Jeweller’s acquisition of Australian jewellery and watch retailer Bevilles in a $45 million deal, with one saying it will require strong execution to meet “ambitious” growth targets.

The acquisition, announced last night on the

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Kate McVicar Thu, 20 Apr 2023
Contact the Writer: kate@nbr.co.nz
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Michael Hill’s post-acquisition plans labelled ‘ambitious’
Investment,
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