New York-based leathergoods designer Swank has reported increased sales during the first quarter.

Net sales increased by 8.9% to $28.4 million compared with $26.1 million during the first quarter last year.

Swank CEO, John Tulin, said: "The increase in our net sales during the quarter reflects our continued success in expanding our market share through creative marketing strategies and innovative merchandise programmes.

"Our belt business was particularly strong as net sales increased by 18.3% over last year's first quarter due to higher shipping volumes in a number of branded and private label programs as well as to the launch of our Tommy Hilfiger women's belt collection."

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