Michael Hill to close at least nine stores as covid-19 bites

Fri, 15 May 2020

Michael Hill International will not reopen nine of its 300 stores when trading resumes after the covid-19 restriction measures are lifted.The company is set to progressively reopen stores in Australia, New Zealand and Canada this month after suspending all operations in late March.MichaelMichael Hill said it expects a continued impact on revenue and profitability, leading it to stagger the reopening of stores and to negotiate new rental agreements with landlords.Five stores in Australia, three in New Zealand, and one in Canada, will not re...

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