Tuesday, 13th July 2004 (5021 views)

New Zealand gold jewellery chain Michael Hill International has revealed a rocket in sales.

The company has reported that its worldwide sales have increased by over 15 per cent during the past year and now stand at $259 million.

According to xtraMSN, performance has also improved in the firm's New Zealand stores, with same store sales also improving by 7.2 per cent to more than $230 million.

In addition its Canada operation saw a 150 per cent improvement in total sales, moving them up to just under $6 million.

Although profit figures are not yet due, shares in the business have already increased.

 

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