Clothing chain Austin Reed has announced it will open another 30 stores this year as the firm continues its expansion after going private.
Austin Reed has 21 outlets in the Midlands, including four in Birmingham, two in Leamington Spa and others in Walsall, Stratford-upon-Avon, Leicester and Sutton Coldfield.
The company is looking to open new stores in the region, and is in discussions over locations.
The group, which also operates the womenswear chain Country Casuals, including 26 in the Midlands, will look to grow its UK sites from 329 to nearly 360.
Across the UK and Ireland it has 96 Austin Reed stores and concessions, as well as 233 Country Casuals outlets.
Austin Reed, which enjoys £100 million of overseas sales through licensing arrangements, said UK retail sales were up 4.3 per cent in the 13 weeks from January 27.
Austin Reed delisted from the London stock market in January last year after it was bought for £49 million by Guy Naggar and Peter Klimt, the owners of corporate finance group Dawnay Day.
In its first full year as a private company to January 31, the company saw like-for-like sales rise 0.8 per cent, with UK and Ireland revenues 1.8 per cent ahead at £110 million.
Underlying profit improved in the year, from £6.7 million to £8.8 million.
The group has opened a new store this year, in London’s Fenchurch Street and another concession in Belfast. Other stores in Newcastle, Edinburgh and Liverpool are due this summer.
At least nine standalone Country Casuals, at locations including Ludlow and Bridgnorth in Shropshire, and 10 concessions are in the pipeline.
Chief executive Nick Hollingworth said: "Now is an excellent time to be looking at stores, there’s a lot of retail space coming on to the market."
Mr Naggar said the company had entered a more challenging market environment but the year started "positively".
He said: "This has been a very good year, generating a substantial increase in group profitability.
"Looking forward, we have undoubtedly entered a more challenging market environment."