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11 Aug 2020 12:04
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  •   Home > News > Business

    Shares in jewellery group Michael Hill have jumped nearly five per cent -- as investors look past a fourth quarter sales drop to focus on strong online sales

    Shares in jewellery group Michael Hill have jumped nearly five per cent -- as investors look past a fourth quarter sales drop to focus on strong online sales


    The company says online sales improved by 193 per cent, in a quarter marred by temporary store closures because of the Covid-19 pandemic.

    It says it took 'decisive action' to permanently close 11 under-performing stores.

    © 2020 Newstalk ZB, NZCity


     Other Business News
     11 Aug: Fletcher Building expects a net earnings loss of 196-million dollars for the year to the end of June, mainly due to the impacts of Covid-19
     11 Aug: Don't wait for a trigger to seek financial advice
     10 Aug: A new report shows pokie gambling in New Zealand pubs and clubs, is costing the retail sector more than 400-million dollars a year
     10 Aug: More turbulence on the horizon for Kapiti Coast Airport, which is once again at threat of closure in the wake of Covid-19
     10 Aug: It might not be all bad for the South - when the Tiwai Point aluminium smelter closes
     09 Aug: Auckland's Watercare dams are still 25% below their usual storage levels for this time of the year
     09 Aug: Labour's latest policy announcement is being welcomed by business -- but it's only a piece of a puzzle
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    RUGBY RUGBY
    Julian Savea's staying tight-lipped on which provincial team he plans to represent in this year's Mitre 10 Cup More...


    BUSINESS BUSINESS
    Fletcher Building expects a net earnings loss of 196-million dollars for the year to the end of June, mainly due to the impacts of Covid-19 More...



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