In 2008, Sir Michael Hill was recognized as Ernst Young “Entrepreneur of the Year” and in 2011 was appointed a Knight Companion of the New Zealand Order of Merit for services to business and the arts.
The company directors were reportedly satisfied with the performance results, especially given the “ongoing challenging environment”.
Specific figures for the final quarter have not yet been released, but according to a company statement, sales were flat in Australia and negative in New Zealand, Canada and the US.
Overall sales for the year increased to NZ$542 million (A$464.5m). Same-store revenue for the New Zealand stock-exchanged listed retailer rose 0.4 per cent to NZ$493 million (A$421.9m).
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