RCG Corporation has broken profit records.
The athleisure group, which operates The Athlete's Foot and Skechers, has seen earnings before tax rise to $30.3 million for the half year.
This is an increase of 287% on the same period last year.
Underlying net profit after tax came in at $17.3 million, an increase of 208% on the prior year.
The result has seen the group upgrade its full year earnings forecast to $58 million - $60 million.
RCG Corporation has also announced the successful completion of its fully underwritten placement to raise $50 million.
This will see it open an additional 80 to 100 Skechers stores over the next five years, as well as potential for another 100 Platypus Shoes stores.
RCG completed the acquisition of the Accent Group in May 2015, resulting in exclusive distribution rights to 12 iconic international brands including Skechers and K Swiss.
RCG Corporation CEO Mr Hilton Brett said it has been an impressive year for the group.
"The results are exceptional and speak for themselves. It is a great testament to the strength of our organisational structure and the quality of our management teams that we have been able to consistently deliver outstanding results over an extended period of many years."