Michael Hill regears for post-covid trading

Michael Hill regears for post-covid trading
Dan Brunskill
Jewellery chain Michael Hill International says it has the balance sheet to trade through the covid–19 crisis and emerge with a new digital focus, although the closing of all stores has forced a considerable slimming down of the business. Trading in all stores was temporarily suspended in March as governments in New Zealand, Canada and Australia responded to the pandemic outbreak by imposing national lockdowns. During this period only online sales have been able to continue. This followed an otherwise strong start to the quarter, with sal...

More Retail

Restaurant Brands NZ's indy directors say low offer still tasty
Retail

Restaurant Brands NZ's indy directors say low offer still tasty

Below-valuation offer for Restaurant Brands NZ recommended by independent directors.

Staff reporters 28 Oct 2025
Mitre 10 starts banking IT project gains
Retail

Mitre 10 starts banking IT project gains

The hardware store chain has gained share in a tough market.

Pattrick Smellie 25 Oct 2025
Massive Pōrangahau fire largely contained after spreading to pines planned for Ikea furniture
Retail

Massive Pōrangahau fire largely contained after spreading to pines planned for Ikea furniture

A 245-hectare fire burning its way through forest near Pōrangahau, Central Hawke’s Bay, is likely to continue to cause firefighters headaches over the next week. Ingka Investments Management New Zealand operations manager Dylan Foster said roughly 80 hectares of their 550-hectare...

Staff reporters 22 Oct 2025