FASHION retailer SuperGroup’s full-year pre-tax profit soared to £22.46m from £7.59m last year.
Group revenue for the 52 weeks ended 2 May, was up 83.1 per cent to £139.4m from £76.14m in the comparable period.
The surge has been fuelled by the company’s Superdry label which has been sported by a host of celebrities including David Beckham and US actor Zac Efron.
The firm has a 20 stores a year opening programme which has also helped to drive sales forward.
The company, which completed a £125m listing on the London Stock Exchange earlier this year, added 93,000 sq ft of selling space in the past financial year.
Chief executive Julian Dunkerton, who built the business from a market stall he started in 1985, was the main beneficiary of the £125m offer, and received about £50m of the £105m of the proceeds being shared by management.
Dunkerton said: “SuperGroup has had a fantastic year, delivering an excellent set of financial results and achieving a highly successful listing on the London Stock Exchange.”
He added: “All areas of the business have performed well and we have delivered strong sales growth, improved margins and good cash generation.”
Shares have jumped to more than 50 per cent above the initial float price. The firm is now valued at the more than £630m.
It is also targeting womenswear and the internet.
Last month it announced its online operation would be brought in-housein a bid to give the unit more of a push.