The Langholm-based clothing retailer Edinburgh Woollen Mill has recorded a bumper sales year and plans to create more than 1000 new jobs.
The latest figures show that turnover grew 130% and profit increased by 184% to £58.5 million.
They have put the results down to the successful turnaround of the Peacocks chain, which went into administration in January 2012.
The business also continued a roll-out programme which saw 56 new stores open and 920 jobs created.
The company, which was founded in 1946, now operates over 1,000 stores and employs 12,000 workers.
There are now plans to open a further 100 stores and create 1,145 jobs over the next 18 months.
“We’ve worked hard to maintain strong cost controls whilst investing in our people, our products and ensuring we have the optimal blend of physical and digital channels to suit our customer demographics.
“UK retail remains a tough environment and we are focused on serving customers who are seeking value at a time of reduced discretionary spend but who will not compromise on quality.
“The group is free of debt so we can leverage a positive balance sheet and focus on a sensible strategy which continues to deliver sustainable growth for the long term.
“The natural next step for us is to take this approach to robust international markets such Germany, the Middle East and Russia.”
A new initiative is being launched to help boost tourism in Langholm and the Scottish Borders.
Local traders, hoteliers and businesses will join tourism officers in a series of events at the Buccleuch Centre.
The one-day Event will focus on two key themes, exploring marketing and brand-development, and the benefits of working together and will be chaired by Gordon Mann, Chair of Destination Dumfries & Galloway, who are supporting the event.