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Sole Trader parent reports 12.9% increase in profits

Twinmar Holdings, the parent company of footwear retailers Sole Trader and Sole, has posted a 4.5% increase in turnover and a 12.9% increase in pre-tax profits for the full-year to June 25, 2011.

The footwear retailer, which sells brands including Paul Smith, Vans, Converse and Blowfish, saw pre-tax profits rise from £1.45m for the full-year to June 26, 2010 to £1.64m for this full-year period.

In accounts filed at Companies House the Group said turnover increased from £32m to £33.4m during the year and, in its director’s report, the company said it “continues to create opportunities for growth”.

Twinmar Holdings trades via 49 stores nationwide under the Sole Trader, Sole and Soled Out fascias as well as online at

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