Despite concerns about the rising interest rates and cost of living, that somehow hasn’t stopped Australians buying jewellery as Michael Hill International (ASX: MHJ) has bucked the retail sector trend with rising revenue and stronger margins. The June quarter was expected to be the one hardest hit for retailers with consumer confidence at its lowest
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Despite the enduring pandemic, lockdowns, restrictions and all the other crap that COVID has rained down upon us (I’m a VERY annoyed Melbournian this morning), retail has, for the most part, surprisingly stayed afloat, even thriving in some areas. One of those areas is jewelry. Yep, diamonds remain a girl’s best friend, even when in
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Diamonds may be a girl’s best friend, but possibly not for the small number of Michael Hill International (ASX, NZX: MHJ) employees told that their workplaces will remain permanently closed, even after COVID-19 subsides. It signals a likely trend in the global retail market where retailers will be undergoing gradual re-opening of stores but will
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