Michael Hill International Ltd. (AU:MHJ) has released an update.
Michael Hill International Ltd. reported a mixed financial year ending June 2024, with a challenging retail environment particularly impacting the fine jewellery sector. Nonetheless, the company achieved positive sales momentum across all markets, with Group sales up 3.8% and digital sales experiencing double-digit growth. Strategic initiatives, including store portfolio optimization and a focus on high-margin products, have been implemented to drive future performance.
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