Jewellery and watch distributor Egana International (Holdings) has seen sales jump 30 per cent during the first quarter of this year, aided by strong demand in Europe, according to chairman Hans-Joerg Seeburger. The company's jewellery arm, Egana Jewellery & Pearls (EJP), was its fastest-growing unit despite analysts' perception that European economies were slowing. Mr Seeburger said items under licensed labels Pierre Cardin, Esprit and Dugena were the firm's best-selling products. 'Economies in Europe, broadly speaking, slowed down very slightly,' he said. 'This doesn't affect us materially.' The group sold about 75 per cent of its products to Europe and the United States last year, with limited exposure to the recession-hit Asian region. He said Egana had raised its stake in EJP to 60 per cent recently, from 52 per cent when it was spun off in July last year. Mr Seeburger said that Egana had seen an encouraging response from buyers during the jewellery and watch fair in Basle. The company has attended the show - the world's biggest jewellery and watch fair - for more than 10 years. He said: 'We've got more visitors this year and many buyers are keen to build contacts with us.'