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Michael Hill International, one of Australia’s major jewellery retailers, has reported stronger sales across its key markets at the start of the 2027 financial year as it heads towards the Christmas trading period.
One of the world’s largest jewellery retailers has closed more than 200 stores as weaker sales in its largest market offset stronger demand in other regions.
The stewardship of Argyle Pink Diamonds has officially crossed continents, transitioning from Australian mining powerhouse Rio Tinto to British luxury retailer Boodles. Jeweller discusses the critical questions surrounding the future of the brand with JODY WAINWRIGHT.
Australian consumers are expected to spend more during this year’s Black Friday and Cyber Monday sales, despite retailers encountering more discerning, value-driven customers.
Luxury group Richemont, owner of brands such as Cartier and Van Cleef & Arpels, is reportedly in talks to join a consortium bidding for the diamond miner De Beers Group.
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