Michael Hill lifts 1H sales but US business, Emma & Roe brands still under consideration

Fri, 12 Jan 2018

By Sophie Boot Jan. 12 (BusinessDesk) - Michael Hill International, the jewellery retailer founded by its namesake, lifted revenue 4.7 percent in the first half, though its US business continued to struggle. Group sales from all stores rose to A$341.5 million in the six months to Dec. 31, 2017, from A$326 million in the previous first half. Same-store sales grew 0.5 percent to A$317.3 million in the six months. Michael Hill same-store sales rose 0.7 percent to A$310.1 million in the first half, while Emma & Roe same-store sales dropped...

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