David Christopher Ltd has reported a 10% rise in sales to £18.7 million for the financial year ended in June 2017.
Operating profit dipped by 7% to £2.6 million.
The Ross on Wye-headquartered business, owned and run by Mark and Andrew Warr, runs 19 stores, mainly in the Midlands and South of England.
It has grown dramatically in recent years on the back of opening nine Pandora concept stores while building a network of 10 David Christopher outlets that specialise in affordable jewellery and watch brands including Accurist, Bering, Citizen, Casio, Michael Kors and Fossil.
Not all of the multi-brand stores are branded as David Christopher. Some have kept historic family names after joining the group including Oswins & Co in Hereford, W LLoyd Atree in Dartmouth and Marlborough Jewellers in Marlborough.
As well as new fashion watches, the group also sells luxury pre-owned watches from the likes of Rolex, Omega and Breitling. “We pride ourselves on having the largest collection of Rolex watches in Herefordshire. If there is a luxury brand you are looking for, we will do our best to source the ideal model for you,” the company says on its website.