New CEO faces early test as Michael Hill's home market slips further

New CEO faces early test as Michael Hill's home market slips further

Michael Hill’s New Zealand operation is continuing to struggle compared to its international segments, according to the latest update at the business’ annual...

Michael Hill Notes Slight Sales Rise in Key Markets

Australian jeweler Michael Hill reported an improvement in same-store sales in Australia and Canada during the first 16 weeks of fiscal 2026. Revenue dropped 1.3% year on year for the period that began June 30, the company said Wednesday. Same-store sales in Australia grew 0.7%, and those in Canada 4.1%. In New Zealand, same-store revenue fell 6%. Michael Hill closed 13 stores, which brought the chain’s total to 284 during the period. However, i…