News

Weakness in yen hits Hermes

07/11/2013

French leathergoods company Hermes saw sales grow 13% at constant exchange rates to EUR 895.5 million in the third quarter. However, it was hit by weakness in the Japanese yen; the company said currency fluctuations knocked EUR 116 million euros of its nine-month turnover of 2.66 billion euros to the end of September. The leathergoods and...

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