Italy-based footwear and luxury goods brand Ferragamo has posted a rise in sales during the first quarter.

Total sales rose 23% to EUR259.6 million, with net profit up by more than 10%.

Shoe sales grew 26.2%, while handbags and leathergoods sales grew 24.3%. These two segments account for nearly three-quarters of the company’s total revenue.

Europe sales rose by 27.8%, while Asia Pacific sales grew 27.3% and North America sales increased by 17.6%.

Chief executive officer, Michele Norsa, said that tourists from China and Russia have played a big part in driving sales combined with the fact that African and Latin American customers are buying more luxury shoes and leathergoods.

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