Work hard and you will find success

Eduard Utkin, Director General of the “Jewellers’ Guild of Russia” Association, expert of the RF Chamber of Commerce and Industry’s Committee on Precious Metals and Precious Stones, told R&P about implementing the SIIS PMPS (State Integrated Information...


GOLDNET.MARKET - “We want and are working to provide business with the opportunity to develop a lot of activity areas”

Today, almost all jewellery companies have their own wholesale websites, online stores, and social media pages. But a year ago, GOLDNET.MARKET, the first jewellery wholesale marketplace appeared in Russia, a new effective tool for the jewellery market...

20 september 2021

Platinum’s rare nature gives it additional value and appeal

Huw Daniel is the CEO of Platinum Guild International, overseeing market development activities in China, Japan, India and the USA, on behalf of the platinum producers of South Africa. Before taking up this role in 2015, Huw ran PGI USA for 12 years...

13 september 2021

Marco Carniello: We want to continue to be the engine boosting the jewellery industry

Italian Exhibition Group (IEG) is a leader in Italy in the organisation of trade fairs and one of the main operators in the trade fair and conference sector at European level, with structures in Rimini and Vicenza, as well as further sites in...

06 september 2021

There is a significant need for smart and technological financial solutions in the diamond industry

MDPS, the Israeli start-up Fintech company from the Mazalit Group is gearing up to enter the diamond industry soon. Zeev Maimon, the CEO of MDPS is also the Founder / CEO of MAZALIT, a B2B payment platform designed and dedicated to the global diamond...

30 august 2021

Michael Hill Sales +5% in First 9 Months of FY 2012

18 april 2012

Michael Hill reported that group sales rose 5 percent year on year to $322.3 million during the nine months that ended March 31, 2012. Same store sales were flat at $300.5 million due to declines in Australia, which accounts for a large proportion of its sales, Rapaport reported.
“Third quarter sales were satisfactory in New Zealand, Canada and the U.S. however the Australian market continued to be difficult for the group due to the ongoing tight retail conditions,” Michael Hill explained. “This sluggishness in the Australian market has ‎resulted in our group “same store” sales being flat for the 9 months, however the directors are pleased with the solid growth achieved in the other three markets.”
Total sales in Australia grew 3 percent to $211.8 million during the nine months, while sales in New Zealand increased 8 percent to $68.9 million. Michael Hill’s sales in Canada rose 16 percent to $34.2 million and in the U.S. they grew 11 percent to $7.1 million.