German sportswear giant Puma grew sales by 13.2% to €773m (£689.2m) in the three months to March 31.
Puma said EBIT was 2.1% higher than in the same period last year at €111m (£99m) while net profits improved by 7.1% to €77.7m (£69.3m).
Puma, which is the world’s third largest sports brand after Nike and Adidas, said that the first quarter performance was a strong start to 2011 and that all product segments showed considerable growth.
Footwear sales soared by 6.8% to €417.2m (£372m), clothing sales grew 2.2% to €241.8m (£215.7m) and accessories sales jumped 42.4% to €114.4m (£102m).
Puma also increased sales in Japan in the quarter, one of its key markets, despite the disruption caused by last month’s earthquake and tsunami.
Jochen Zeitz, outgoing chief executive said: “For the full year 2011 we continue to expect an increase in net earnings in the mid single-digit percentage range with sales targeting the €3bn (£2.67bn) milestone for the first time.”
Zeitz, who is leaving Puma to head up the sport lifestyle division at Gucci owner PPR, highlighted sailing and clothing related to women’s football as two key areas for Puma this year.