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Michael Hill International

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8 million: Another year of increasing sales for Michael Hill
Blog

$628 million: Another year of increasing sales for Michael Hill

Michael Hill International has reported another strong full-year financial report despite sales slowing in the second half. The company’s sales increased by six per cent on a year-by-year comparison,…

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July 24, 2023
Crash: Consumer demand for lab-created diamonds plummets
Blog

Crash: Consumer demand for lab-created diamonds plummets

Despite major endorsements from industry leaders in recent weeks, consumer demand for lab-created diamond jewelry crashed in the US market in June. According to the latest research from TenorisIn…

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July 12, 2023
Michael Hill reveals renewed focus on lab-created diamond range
Blog

Michael Hill reveals renewed focus on lab-created diamond range

Major Australian jewelery retailer Michael Hill International has expanded its range of lab-created diamond jewellery. It's been a productive year for the Brisbane-based retailer with operations in New Zealand…

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July 10, 2023
Gratitude is an attitude – so don’t forget to say thanks
Blog

Gratitude is an attitude – so don’t forget to say thanks

It's easy to feel that the world is slipping out of control these days. Despite the uncertainties ahead, Angela Han offers a reminder of the importance of giving thanks. …

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June 19, 2023
Cost-of-living pressures cause for concern for jewelery retailers
Blog

Cost-of-living pressures cause for concern for jewelery retailers

Major retailers and small independents alike have expressed concern about consumer spending trends. Despite discretionary spending continuing to slow the Australian Bureau of Statistics reported that consumers spent more…

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June 4, 2023
Michael Hill and Bevilles: History never repeats itself, but it often does rhyme.
Blog

Michael Hill and Bevilles: History never repeats itself, but it often does rhyme.

The international jewelry industry is an ever-changing landscape. ANGELA HAN reflects on Michael Hill's acquisition of Bevilles. The recent announcement that global jewelry chain Michael Hill International would acquire…

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May 17, 2023
NZ Government extends support to retailers dealing with theft and damage
Blog

NZ Government extends support to retailers dealing with theft and damage

The New Zealand Government has more than doubled its initial investment into the retail crime prevention program in order to support small businesses. Police Minister Ginny Andersen confirmed a…

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May 16, 2023
Michael Hill and Bevilles: A tale of opposing branded watch strategies
Blog

Michael Hill and Bevilles: A tale of opposing branded watch strategies

Representatives at Michael Hill International have detailed intriguing further plans following the acquisition of retail rival Bevilles in April. Michael Hill stunned the Australian jewelery industry in the past…

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May 6, 2023
Michael Hill launches new gold recycling program
Blog

Michael Hill launches new gold recycling program

Michael Hill International has launched a new gold recycling program as part of the 'first phase' of an increased focus on sustainably using precious metals. The company is encouraging…

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May 1, 2023
Shock takeover: Michael Hill acquires Bevilles
Blog

Shock takeover: Michael Hill acquires Bevilles

Michael Hill International has acquired Australian jewelry retail rival Bevilles in a strategic $45.1 million deal. Bevilles was founded in 1934 and has remained family-owned for three generations, operating…

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April 19, 2023
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