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Despite the numerous challenges that 2021 has presented to the comics industry, there have still been some amazing releases. 2022 is set to be an even better year though, and Mad Cave Studios is set to be a big part of that. Not only are they set to release several new series in their traditional [...]
Michael Hill International (MHI) has reported an after-tax profit of $45.3 million for the year ended 30 June 2021, a significant increase from its 2020 result of $3.1 million.
New chairman for Michael Hill International, Emma Hill stands aside Posted June 28, 2021 | By Jeweller Staff The chair of Michael Hill International (MHI)'s board of directors, Emma Hill, is set to step down today handing the reins to Rob Fyfe, former CEO of Air New Zealand. Hill will remain as non-executive director, along with her father Sir Michael Hill. In addition, Daniel Bracken, the company's CEO, is to join the MHI board as managing director effective 28 June 2021. "The time is right for this transition. The company has never been in a healthier position" Emma Hill, outgoing c...
Michael Hill International reports positive sales trends Posted April 23, 2021 | By Arabella Roden ⢠Editor In its latest quarterly financial report for the trading period ended 28 March 2021, Michael Hill International (MHI), has recorded encouraging results, including a 16.4 per cent increase in same-store sales and revenue of $118.5 million, up 11.6 per cent when compared with the same period last year. Australia – MHI’s largest market – was a key driver of revenue, recording sales of $70.3 million, an increase of nearly 20 per cent. "Considering the ongoing challenges ...
Michael Hill Gets a Boost from Digital Sales RAPAPORT... Michael Hill’s sales rose in the third fiscal quarter as robust e-commerce growth compensated for store closures in Australia and Canada. Group revenue climbed 12% to AUD 118.5 million ($91.5 million) in the three months ending March 31, the jeweler reported last week. During the quarter, the company was forced to close 72 stores in Australia, 16 in New Zealand and 46 in Canada temporarily due to coronavirus restrictions. However, digital sales for the January-to-March period jumped 69% year on year as consumers moved online for their...