Athlete's Foot owner lifts FY profit

The owner of The Athlete's Foot has lifted full-year profit more than 50 per cent, with strong online sales growth and new stores boosting the bottom line.

Accent group, the owner of The Athlete's Foot and Hype DC, has lifted full-year profit. (AAP)

The Athlete's Foot brand owner Accent Group has lifted full-year profit more than 50 per cent to $44 million, with strong online sales growth and new stores boosting the bottom line.

Revenue for the 12 months to July 1 rose 10.5 per cent to $703.2 million as the company brought more franchisee stores in-house and increased the total number of outlets it operates by 16 to 446 - 29 of which it refurbished.

Accent, which also distributes Dr. Martens and Merrell brands, reported a record underlying profit of $47.1 million and paid down $30 million of debt.