In more than 35 years, Mike Parsell has taken Michael Hill International from three stores to more than 300. The Brisbane-based chief executive has been with Michael Hill International since the Whangarei days, but now after 16 years at the top, he is stepping down.
International jewellery retailer, Michael Hill, was founded in Whangarei but is soon to become officially Australian. Now based in Brisbane, Michael Hill is seeking shareholder approval to list on the stock exchange of its most lucrative market.
The latest industry movements at retail software company Vend, Kiwi-born jewellery franchise Michael Hill and electronic retailer Dick Smith.
The store at the Queens Center in Elmhurst is a long way from Whangarei, where the jeweller founded his family business in 1979.
Kiwi jewellery retailer Michael Hill says a drop in store sales in its biggest market, Australia, will put pressure on its full year result.