Former Air NZ boss ups Michael Hill holding despite share price slump
Directors undeterred by declining sales.
Directors undeterred by declining sales.
The jewellery chain is struggling as it continues to restructure the business.
Jeweller Michael Hill is closing the last of its Emma & Roe stores
The decade-long investment failed to deliver a profitable business.
Michael Hill's 66 per cent profit plunge in first-half earnings a one-off, analyst says.
Even a Super Bowl advertisement couldn't help Michael Hill penetrate US retail market.
Former Air New Zealand boss Rob Fyfe will mentor Michael Hill's new CEO Phil Taylor.
Michael Hill boosted annual profit by two-thirds, but posted wider losses in US.
It's one of the world's most prestigious music competitions and it happens right here.
The Hill family trust has sold down a tenth of its stake in Michael Hill International.
The jewellery chain business sales are up as it prepares for the busy Christmas period.
Michael Hill posted a 30 per cent decline in annual profit as it accounted for tax adjustments.
Michael Hill International lifted annual earnings by as much as 5.9 per cent.
As part of Michael Hill's "succession plan," 10 percent of the company will be transferred to trusts for daughter Emma and son Mark.
New Zealand-founded jeweller rubbing shoulders with Apple and Bloomingdale's in NYC.
Michael Hill International said first-quarter sales rose 9.9 per cent, driven by new store openings and increased revenue from existing stores.
From the age of 7, Emma Hill has been involved with the family jewellery business - now she's getting ready to take off her ''training wheels'' and step into her father's shoes.
The founder of the Michael Hill International jewellery business, Sir Michael Hill, is stepping down to make way for his daughter Emma Hill to succeed him as chair.
A decline in Michael Hill's biggest market of Australia was outweighed by gains in New Zealand, Canada and the US.
Jewellery magnate Sir Michael Hill hosted this month’s NZ Golf Open at his private course in Queenstown before visiting Auckland on his superyacht VvS1 for the launch of The Bachelor.
A pair of would-be jewellery thieves were hampered in their getaway last night, as one had a broken leg and the other a prosthetic leg.
NZ shares rose yesterday, led by Goodman Property Trust, after the property investor said full-year net profit rose 72 per cent. Trade Me and Xero paced the gains while Ryman Healthcare fell ahead of reporting earnings today.
The NZX will run out of steam unless companies, particularly the larger ones, can take advantage of the stronger economy, writes Brian Gaynor.