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Michael Hill launches ‘internal strategic review’ of NZ market

The New Zealand market continues to perform poorly for the dual-listed jewellery company.

The refreshed Michael Hill store in Queenstown.

Kate McVicar Mon, 24 Feb 2025
Key points
  • Revenue: Down 0.7% to A$360.2m. 
  • Profit: Up 9.7% to A$16.9m.
  • Main takeaway: Michael Hill has launched a strategic review of the New Zealand market. 

Michael Hill International has launched a ‘internal strategic review’ of the New Zealand market, as trading in this country remains challenging. 

In a trading update for the six months ended December 29, the Brisbane-based jewellery group behind namesake brand Michael Hill and Bevilles, reported

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Kate McVicar Mon, 24 Feb 2025
Contact the Writer: kate@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Key points
  • Revenue: Down 0.7% to A$360.2m. 
  • Profit: Up 9.7% to A$16.9m.
  • Main takeaway: Michael Hill has launched a strategic review of the New Zealand market. 
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Michael Hill launches ‘internal strategic review’ of NZ market
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