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Half Yearly Report and Accounts
Half Yearly Report, Half Year Audit Review, Half Year Directors' Statement, Half Year Accounts, Half Year Directors' Report
January
Rip Curl, Kathmandu sales recover, but earnings tipped to fall
Sales through Black Friday and the Christmas trading period improved but parent group KMD Brands is still facing a big drop in first-half earnings.
August 2024
The directors under 50 making their mark on top ASX boards
BOSS talks to five directors under the age of 50 about their careers and the experience they bring to the boards on which they serve.
July 2024
Bombed out retailers stage comeback ahead of results season
There is plenty of pressure on household budgets, but retailers from Universal Store to shoe chain owner Accent Group say trading is picking up.
May 2024
‘The gap below Cartier and Tiffany’: Michael Hill’s luxury play
ASX-listed jeweller Michael Hill has been undergoing a major rebranding exercise.
Why Michael Hill chose Chadstone to sell $1m diamond earrings
Michael Hill’s global flagship store will open in Melbourne’s biggest mall Chadstone, and will include a $1m pair of yellow diamond drop earrings.
September 2023
Retailers hope new stores will beat the spending blues
New stores are helping retailers grow topline sales but if conditions deteriorate, they may drag on earnings.
April 2023
Michael Hill sparkles in $45m buy of jewellery chain
The ASX-listed jeweller has snapped up family owned Bevilles Jewellers which will allow it to service the entire fine jewellery sector.
November 2022
These retail stocks should be in your Christmas stocking
When it comes to navigating cyclical or structural challenges, retailers are the masters of adaptation.
What investors need to look for in small-cap wreckage
If the bears are right, then stocks can go lower in 2023. But cashed-up investors will find rich pickings. When the turn comes, it will be fast and large.
September 2022
The RBA’s rate rises aren’t working on shoppers (yet)
Many retailing CEOs say spending is still solid after four rate rises and there is no sign of the “demand destruction” the RBA is aiming for.
July 2022
Michael Hill shares jump on strong June quarter
The result marks the company’s 12th quarter of positive same-store sales growth since the 2019 financial year’s third quarter.
January 2022
City Chic shares jump 11pc despite supply chain pain
CEO Phil Ryan says City Chic is stockpiling inventory, paying factories earlier to get priority processing and bulking up orders to fight supply chain issues.
December 2021
Shares rally in first session after Christmas
The S&P/ASX 200 closed up 89.5 points or 1.2 per cent to 7509.8. Michael Hill surged 21 per cent; ASX junior caught up in Xi’an lockdown.
November 2021
The retail stocks set to benefit from Christmas spending boom
Retailers who can pass on higher input costs to consumers and have greater control over their supply chain are best placed to benefit.
October 2021
Brett Blundy says Australian retail will be OK
The Lovisa chairman said the fashion jewellery chain had a “ripper of a day” on Monday as shops finally reopened around NSW.
August 2021
CEOs say stop case numbers obsession
Business leaders have backed calls by the Prime Minister and NSW Premier for state leaders to move on from a preoccupation with daily virus infection figures.
Why Michael Hill’s CEO is optimistic despite lockdown mauling
The retailer has reinstated its final dividend after net profit rose 15-fold in 2021, but lockdowns have crunched earnings in the first few weeks of 2022.
April 2021
Michael Hill’s sales rebound despite store closures
The jewellery chain appears on track to deliver profit growth in 2021, despite ongoing forced store closures, achieving strong same-store sales and margin growth in the March quarter.
February 2021
Michael Hill pays dividend as profits rebound
Strong online sales and fatter gross margins helped offset the impact of forced store closures, enabling the jewellery retailer to pay an interim dividend.
January 2021
Michael Hill upbeat after bumper Christmas trade
The jewellery retailer with international operations was hit hard during the pandemic but says its local Australian sites have had an outstanding Christmas.