Michael Hill lifts full-year revenue 3.3% as it shifts focus back to core namesake brand

Mon, 09 Jul 2018

By Tina Morrison July 10 (BusinessDesk) - Michael Hill International increased revenue 3.3 percent in its 2018 fiscal year as it opened more namesake brand stores in Australia and Canada, exited its US operations and began the closure of its Emma & Roe chain. The Brisbane-based company lifted sales to A$599.7 million in the 12 months ended June 30, from A$580.3 million in the year earlier period, it said in a statement. Excluding the impact of store changes, sales lifted 0.4 percent. Michael Hill, the jewellery manufacturer and retaile...

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