The rapid sales growth has been attributed to an aggressive growth plan. By Christmas Blue Inc will have opened 15 stores this year and will have grown from 28 shops to 51 since it was acquired by Marlow Retail for between £5m and £10m.
Store openings this year have included shops in Milton Keynes, Bedford, Elephant and Castle and Woolwich in south London, Staines in Middlesex, and the Westfield Derby mall.
Managing director Steven Cohen believes the business will post further sales growth, taking its turnover to £40m next year.
Blue Inc sells 80% own- brand product and 20% brands such as Kickers, Ben Sherman and Levi’s.