Luxury goods maker Hermes International has posted a 6.5% increase in like-for-like sales for its first quarter, despite a decrease in Japanese revenue.

The French company reported revenues only for the three months to 31 March, saying that sales were up to EUR366.1m (US$495.7m) from EUR361.5m during the corresponding period last year.

The sales figures fell below Reuter's analyst expectations of an 8.2% increase in like-for-like sales.

The company said that during the first quarter its silk and textile division's sales grew 8.1% to EUR43.2m, leather goods were down 2.5% to EUR152.1, while ready-to-wear and fashion accessories grew 6.8% to reach sales of EUR78.9m.

By geographical region, Hermes enjoyed most growth in Asia, where sales leaped 10.8% excluding Japan - where the company lost ground and sales fell 1.2% for the quarter.