Michael Hill profit surges 376% as Rob Fyfe steps down as chair
Jewellery retailer Michael Hill International reported a sharp rise in annual profit following a strategic brand consolidation, with leadership changes at the top.
Michael Hill International has reported a 376% year-on-year increase in statutory net profit to A$10 million for the financial year ended June 28, 2026. The result follows the company's recent implementation of a simplified brand portfolio, reducing from five brands to two core brands. Rob Fyfe is retiring from his role as chair, with Claudia Batten appointed to succeed him.
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BusinessDesk
Michael Hill profit jumps 376% to A$10m, Rob Fyfe to retire
Jewellery retailer Michael Hill International’s new strategy appears to be paying off, with the group reporting a 376% year-on-year increase in statutory net profit after tax. Dual-listed Michael Hill International reported its results today for the financial year ended June…
NZ Herald
Michael Hill profit jumps 376% to A$10m, Rob Fyfe to retire
Claudia Batten appointed to succeed Fyfe as chair of the retailer.