Direct-to-consumer online retail provider Digital Stores has posted a 68% climb in revenues to £5.6 million ($8.7 million) for the fiscal year ending March 31, 2009. The London-based company also says it is profitable, but did not disclose figures.

Digital Stores has also re-launched its business-to-business Web site (digitalstores.co.uk) with expanded information about the company, more links to client sites and case studies to illustrate the relationship between Digital Stores and its clients.

"With the direct-to-consumer sector proving itself to be an increasingly important area for the music and entertainment business, Digital Stores is proud to be leading the way in terms of the quality of the design and functionality we produce for our clients," said Digital Stores CEO Russel Coultart, who recently joined the board of the Official Charts Company, in a statement.

"We give our clients the ability to present their customers and fans with a stylish, dedicated storefront integrated into their existing Web sites, which also provide them with security and fraud protection that is second to none."

The company's retail Record Store Web site (recordstore.co.uk), which integrates physical and digital sales for consumers, was also re-launched in March.

Digital Stores began trading in 2000 and now hosts over 100 sites for bands including Oasis, the Beatles and newly reformed '80s pop act Spandau Ballet, as well as labels such as EMI Music, Mute Records, Cooking Vinyl and Defected. It offers an online retail provider service that combines digital and physical music sales, as well as tickets and merchandise.