New Zealand’s most successful jewellery chain will fall into the hands of the second generation in November, following a vote at the company’s annual shareholders’ meeting.
Michael Hill International launched in 1979, with one shop opened in Whangarei, a small city of just 54,000 people, but today has 300 stores across Australia, New Zealand and North America.
The jewellery business, which is now headquartered in Australia, last year had revenues of AU$505.6 million.
