In August, Michael Hill introduced the upcominglaunch of TenSevenSeven, a new high-end jewelry brand specializing in personalised diamond rings. According to a report from The Australian, Michael Hill has since been approached by 5 different jewellery and watch retailers to debate the potential for further acquisitions. PNG Jewellers, unveiled its new campaign “LiteStyle” for mild weight jewellery this February. The collections shall be available at all PNG Jewellers shops in India.
At the time, 60 per cent of its stores were in Australia and greater than 80 per cent of MHI’s revenue and profits have been generated exterior of New…