By Jonathan Davies

Fashion retailer New Look has reported annual pre-tax profits of £50.6 million, more than double the previous year's total.

Total revenues were up 3.4% to £1.5bn and UK sales rose 5%.

Last month, South African investment giant Brait bought a 90% stake in New Look for £1.9bn, including its debt.

Chief executive Anders Kristiansen said: "Our considerable high street presence has left us well-placed to capitalise on the growing demand for click-and-collect, with over a quarter of online purchases now collected in-store."

"In China, the business is doing well and we see the opportunity for significant growth in the country."