Sales at upmarket department store chain Selfridges have hit the £1.2 billion mark.

The company, which has a major store in the Bullring currently undergoing a £20 million overhaul, saw turnover climb by 10.4 per cent while operating profit increased by 12.3 per cent to £150 million in 2013.

Selfridges said all of its retail channels saw year-on-year growth.

Chairman Galen Weston said: "This is the tenth anniversary of our acquisition of Selfridges and I am delighted with the progress we have made over those years in improving both the business and our financial performance.

"Our vision is to lead luxury shopping experiences for our customers around the world and we will continue to invest to achieve this goal."

It said its online business was boosted by the launch of international delivery in August 2013 which now serves more than 60 countries including China.

Managing director Anne Pitcher added: "Throughout 2013 and 2014, we have focused on providing an extraordinary experience for our customers in stores, and online.

"Christmas 2014 is of course our crucial trading period and we have a fantastic product offer and an exciting campaign to ensure Selfridges will be the destination for Christmas."