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Brian Gaynor: Xero sends a message to the market

2017-11-10 nzherald.co.nz
Xero's proposed NZX delisting is a huge blow to the domestic sharemarket. The unexpected announcement is accentuated because Xero's founder and CEO Rod Drury was an NZX director from November 2009 to May 2013. (1-0)

NZX50 cracks 8,000, led by market darlings A2, Xero

2017-10-09 nzherald.co.nz
New Zealand shares rose, with the benchmark index surpassing 8,000 for the first time, led higher by export-orientated, investor favourites A2 Milk Co and Xero. (13-0)

Michael Hill lifts first-quarter sales by 7.8%

2017-10-09 nzherald.co.nz
Michael Hill International, the jewellery retailer founded by its namesake, lifted sales 7.8 per cent in the first quarter as its performance in New Zealand, Australia, and Canada continued to improve, making up for a dip in US revenue.

Former Air New Zealand boss Rob Fyfe appointed to board of Air Canada

2017-09-16 nzherald.co.nz
Former Air New Zealand boss Rob Fyfe is heading back to work for an airline after being appointed to Air Canada's board.

NZ shares inch lower on investor jitters

2017-04-10 nzherald.co.nz
New Zealand shares pulled back slightly as geopolitical tensions kept some investors on the sidelines while others looked to re-allocate some assets at the start of the new financial year.

Michael Hill 9-month total store sales rise 5.5pc

2017-04-10 nzherald.co.nz
Michael Hill International's newly opened stores in Australia and Canada helped drive a 5.5 per cent increase in sales in the first nine months of its financial year, outpacing an increase in same-store revenue as trading in New Zealand and the US remained tough.

Michael Hill lifts first-half profit 3.4pc on jewellery chain expansion

2017-02-17 nzherald.co.nz
Michael Hill International, the jewellery chain business founded by its namesake, posted a 3.4 per cent increase in first-half profit as it opened more stores.

Retail growth expected to be solid

2017-01-22 nzherald.co.nz
Early feedback on Christmas spending suggested 2016 was solid but not spectacular for retailers as a group, according to Forsyth Barr broker Suzanne Kinnaird.

Australia, Canada brights spots for jeweller Michael Hill

2017-01-09 theage.com.au
Shares in Michael Hill International gained 2.8 per cent after the jeweller said same-store sales grew 2.5 per cent in December despite "choppy" macro conditions and higher than usual competitor discounting in Australia and Canada.

Australia, Canada brights spots for jeweller Michael Hill

2017-01-09 smh.com.au
Shares in Michael Hill International gained 2.8 per cent after the jeweller said same-store sales grew 2.5 per cent in December despite "choppy" macro conditions and higher than usual competitor discounting in Australia and Canada.

Tourism Holdings leads sharemarket higher

2017-01-09 nzherald.co.nz
The S&P/NZX 50 Index gained 42.07 points, or 0.6 per cent, to 7,012.73, the first time it's closed above 7,000 since November 17 last year. Within the index, 37 stocks rose, nine fell and four were unchanged. Turnover was $89.3 million.

The woman at the top of NZ's diamond dynasty

2016-11-18 nzherald.co.nz
From the age of 7, when her father opened the first Michael Hill jewellery store in Whangarei, daughter Emma has been part of the business.

Hill family sells down stake in Michael Hill for A$25.6M to 'enhance liquidity' on ASX

2016-10-13 nzherald.co.nz
The Hill family trust has sold down a tenth of its stake in Michael Hill International, in a move its founder and namesake Michael Hill says will enhance the stock's liquidity following its listing on the Australian stock exchange.

Auckland Airport leads market down

2016-10-10 nzherald.co.nz
New Zealand shares dropped for the fifth consecutive session to a near-three-month low, led down by Auckland International Airport, Ryman Healthcare and Chorus.

Michael Hill delivers 6.8pc sales growth in first quarter, looks ahead to Christmas

2016-10-10 nzherald.co.nz
Michael Hill International, the jewellery chain business founded by its namesake, delivered 6.8 per cent sales growth in the three months to September 30 as it gears up for the busy Christmas period.