Michael Hill to exit 24 Emma & Roe branded stores

Mon, 05 Mar 2018

By Tina Morrison March 6 (BusinessDesk) - Michael Hill International plans to exit 24 of the stores in its unsuccessful Emma & Roe chain at a cost of A$5.8 million to A$7.9 million, repositioning the remaining six stores in the 'demi-fine' jewellery segment. The Brisbane-based company expects to close the 24 stores by June 30 this year, it said in a statement. The company is negotiating exit terms with landlords and will redeploy staff to its Michael Hill stores where possible and offer impacted employees redundancy and support, it said....

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