By  on May 14, 2012

MILAN — Growth in all geographical markets and a spike in sales of footwear, handbags, leather accessories and fragrances helped drive Salvatore Ferragamo SpA’s net profit up 10.2 percent in the first quarter to 17 million euros, or $22.2 million, compared with 15.5 million euros, or $21.7 million, in the same period last year.

Profits in the first quarter of 2012 include 5 million euros, or $6.5 million, of minority interest.

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